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Title: VC: An American History
Author: Tom Nicholas
Narrator: Bob Souer
Format: Unabridged Audiobook
Length: 13 hours 1 minute
Release date: December 3, 2019
Genres: Accounting & Finance
Publisher's Summary:
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 listeners a ride on the roller coaster of setbacks and success in America's pursuit of financial gain.
