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The Power Law
- Venture Capital and the Art of Disruption
- Narrated by: Will Damron
- Length: 16 hrs and 53 mins
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Publisher's summary
Brought to you by Penguin.
It is no exaggeration to say that venture capital has been central to the greatest legal creation of wealth anywhere and has enabled much of the world we live in, yet we know surprisingly little about this strange tribe of financiers.
In The Power Law, Sebastian Mallaby turns his unprecedented access to the industry's central players into a riveting, character-driven account of venture capital and the world it has made. Most of the tech start-ups funded by Silicon Valley venture capitalists fail, but a very few hits 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 venture capital, and the wider tech sector.
Mallaby make sense of the seeming randomness of success in venture capital, an industry that supposedly relies on gut instinct and personality rather than spreadsheets and data. We learn the unvarnished truth about some of the most iconic hits and infamous disasters in Silicon Valley history - from the comedy of errors that was the birth of Apple to the avalanche of venture money that fostered hubris at WeWork and Uber. And he shows how the power law now echoes around the world.
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Story
Naval Ravikant is an entrepreneur, philosopher, and investor who has captivated the world with his principles for building wealth and creating long-term happiness. The Almanack of Naval Ravikant is a collection of Naval’s wisdom and experience from the last 10 years, shared as a curation of his most insightful interviews and poignant reflections. This isn’t a how-to book, or a step-by-step gimmick. Instead, through Naval’s own words, you will learn how to walk your own unique path toward a happier, wealthier life.
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Narrator sucks
- By Dagarcia718 on 03-25-21
By: Eric Jorgenson, and others
What listeners say about The Power Law
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- Venkatesh Srambikal
- 01-11-23
Riveting and insightful
A good book on the Venture Capital industry .
Thoroughly enjoyed it and found it very insightful .
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- Michiel Wesseling
- 10-01-23
Great book on VCs
History, the different approaches of VCs, rise and fall of some and interesting perspectives on their role in society. I like it!
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- Nik
- 01-12-23
Fascinating and helpful.
Very interesting and consistent story of rise and methods of startup culture and vc funding.
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