Product Information
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 Identifiers
PublisherHarvard University Press
ISBN-139780674988002
eBay Product ID (ePID)14046593436
Product Key Features
Publication Year2019
SubjectEconomics, Finance, History
Number of Pages400 Pages
LanguageEnglish
Publication NameVc: an American History
TypeTextbook
AuthorTom Nicholas
FormatHardcover
Dimensions
Item Height235 mm
Item Width156 mm
Additional Product Features
Country/Region of ManufactureUnited States
Title_AuthorTom Nicholas