The Power Law by Sebastian Mallaby

01/02/2022 16h 53min
The Power Law by Sebastian Mallaby

Listen "The Power Law by Sebastian Mallaby"

Episode Synopsis

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Title: The Power Law
Author: Sebastian Mallaby
Narrator: Will Damron
Format: mp3
Length: 16 hrs and 53 mins
Release date: 02-01-22
Ratings: 5 out of 5 stars, 674 ratings
Genres: Corporate & Public Finance
Publisher's Summary:
Innovations rarely come from “experts.” Elon Musk was not an “electric car person” before he started Tesla. When it comes to improbable innovations, a legendary tech VC told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. It is the nature of the venture-capital game that most attempts at discovery fail, but a very few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives the VC business, all of Silicon Valley, the wider tech sector, and, by extension, the world.