Publisher's Synopsis
Based on the early careers of the most adventurous entrepreneurs of all time, financial historian Sebastian Mallaby explains in this book how the world's most successful companies, such as Google and Alibaba, were founded and what the odds of success are. Drawing on stories and research, The Power Law teaches us the randomness of success in venture capital, an industry that relies more on guts than data analysis, and how this ratio of success to failure is the law of power that determines the economy of the entire world. Thanks to this practical manual, we will learn the unvarnished truth about some of the most iconic triumphs and disasters in the industry and understand that the future cannot be predicted, but must be discovered.
