Description

From the modest, almost experimental beginnings of venture capital in the 1950s to its rise into a global engine of innovation, this sweeping history traces how funding reshaped entrepreneurship and helped build Silicon Valley into the world’s defining technology hub. Through a clear, well-researched narrative, it follows the forces, institutions, and personalities that turned early risk-taking into a repeatable system for backing new ideas. The book illuminates the “power law” dynamics at the heart of venture investing—why a few outsized successes can outweigh many failures—and what that means for innovation, inequality, and economic change. With Mallaby’s lucid, authoritative style, it offers both a compelling story and a rigorous account of how capital, incentives, and ambition combine to create—and transform—modern tech.

Available Editions

paperback edition cover

paperback

Penguin Books, Limited

Published Jan 1, 2022

256 pages

ISBN: 9780241557341

available

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Details

First Published

2022

Language

eng

Content Warnings

No content warnings identified.