The Power Law: Inside Silicon Valley’s Venture Capital Machine
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Author : Sebastian Mallaby
Title : The Power Law: Inside Silicon Valley’s Venture Capital Machine
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From the New York Times bestselling author comes the astonishingly frank and intimate story of success and failure inside Silicon Valley’s dominant venture capital firms–and how their strategies and fates have shaped the path of innovation, and the global economy, writ large. Innovations rarely come from “experts.” Elon Musk was not an “electric car person” before he started Tesla. When it comes to improbable innovations, which are the only innovations that really matter, a legendary tech VC told Sebastian Mallaby, the future can’t be predicted, it can only be discovered, through iterative venture-backed experiments. It is the nature of the game that most of these experiments will fail, but a very few successes will succeed at such a scale that they will more than make up for everything else. That extreme ratio of success and failure is the power law that drives the VC sector, and all of Silicon Valley, and the wider tech sector shaped in its image. The implications of that power
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[Download] The Power Law: Inside Silicon Valley’s Venture Capital Machine BY : Sebastian Mallabyultima modifica: 2022-06-25T14:42:04+02:00da