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's history of the venture capital industry offers readers a ride on the roller coaster of setbacks and success in America's pursuit of financial gain.
Product details
- Hardback | 400 pages
- 156 x 235 x 33.02mm | 725.75g
- 26 Jul 2019
- HARVARD UNIVERSITY PRESS
- Cambridge, Mass, United States
- English
- 33 illus., 2 tables
- 0674988000
- 9780674988002
- 388,070
Download VC : An American History (9780674988002).pdf, available at pdfebookfree.download for free.
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