Sample
  • VC

  • An American History
  • By: Tom Nicholas
  • Narrated by: Bob Souer
  • Length: 13 hrs
  • 4.2 out of 5 stars (70 ratings)

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VC

By: Tom Nicholas
Narrated by: Bob Souer
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Publisher's summary

A major exploration of venture financing, from its origins in the whaling industry to Silicon Valley, that shows how venture capital created an epicenter for the development of high-tech innovation.

VC tells the riveting story of how the industry arose from the United States' long-running orientation toward entrepreneurship. Venture capital has been driven from the start by the pull of outsized returns through a skewed distribution of payoffs - a faith in low-probability but substantial financial rewards that rarely materialize. Whether the gamble is a whaling voyage setting sail from New Bedford or the newest startup in Silicon Valley, VC is not just a model of finance that has proven difficult to replicate in other countries. It is a state of mind exemplified by an appetite for risk-taking, a bold spirit of adventure, and an unbridled quest for improbable wealth through investment in innovation.

Tom Nicholas' history of the venture capital industry offers listeners a ride on the roller coaster of setbacks and success in America's pursuit of financial gain.

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©2019 The President and Fellows of Harvard College (P)2019 Tantor
  • Unabridged Audiobook
  • Categories: History