The Power Law: Venture Capital and the Art of Disruption by Sebastian Mallaby Professor of Psychology at Arizona
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The Power Law: Venture Capital and the Art of Disruption by Sebastian Mallaby Professor of Psychology at ArizonaInnovations rarely come from "experts." Jeff Bezos was not a bookseller; Elon Musk was not in the auto industry. When it comes to innovation, a legendary venture capitalist told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a 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 venture
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