The Power Law: Venture Capital and the Making of the New Future
Downloads:5137
Type:Epub+TxT+PDF+Mobi
Create Date:2022-01-03 09:21:06
Update Date:2025-09-06
Status:finish
Author:Sebastian Mallaby
ISBN:B0942SZJ8H
Environment:PC/Android/iPhone/iPad/Kindle
Reviews
James Beggarly,
Thanks to Netgalley and Penguin Press for the ebook。 This is fascinating and so well researched。 This is the story of how Palo Alto replaced the East for driving power in the computer world。 They overly cautious money in Boston that finances ideas coming out of MIT is overwhelmed by the freewheeling way of the venture capital firms working with Stanford。 The East is looking for an established company to make modest returns, where the West backs ten ideas and only two of them become successful, b Thanks to Netgalley and Penguin Press for the ebook。 This is fascinating and so well researched。 This is the story of how Palo Alto replaced the East for driving power in the computer world。 They overly cautious money in Boston that finances ideas coming out of MIT is overwhelmed by the freewheeling way of the venture capital firms working with Stanford。 The East is looking for an established company to make modest returns, where the West backs ten ideas and only two of them become successful, but those two companies pay for the ones that didn’t make a hundred times over。 And that’s more or less how they still operate today。 This book also shows how much more hands on the West companies were。 They love the inventors of a company, but bring in their own CEO to make everything work smoothly。 The stories of individual companies are so interesting as well。 Atari has a fun game system, but the early company is a warehouse of potheads。 Apple has an elegant computer, but no one can stand Steve Jobs。 Again and again the venture capitalists firms step in and find a way to make it work, because the idea and the products are always larger than the impossible personalities。 。。。more