May 2024
I did not do a thorough reading of this book due to other commitments; the parts I have read are quite good, and so I am a bit sorry about that. Athough on the other hand this is not aligned with my current projects/interests, so I will probably let it go.
Here are the notes I have:
Precis
The book explores venture capital and its impact on the technology sector and the broader economy – looks at its beginnings in the mid-20th century and follows it up to the present day. Its theme is that VC depends on the power law, in which a small proportion of investments result in a few huge wins that more than compensate for all the other losses. Many big risks, a few huge rewards.
Examples covered in the book include:Fairchild; Genentech; Apple; Google; Amazon; Ebay; Twitter; Uber
Continue reading The Power Law: Venture Capital &…, Sebastian MallabyViews: 13