The Power Law

Venture capital comes into focus as a high-stakes world driven by instinct, personality, and a few outsized successes. Drawing on access to leading investors, the story traces how a tiny number of breakthroughs have powered companies such as Google, SpaceX, and Alibaba while countless other bets have failed.

The result is a clear, character-driven account of an industry that shaped modern tech and now reaches far beyond Silicon Valley. Readers get a sharper sense of how innovation is funded, how risk is judged, and why venture capital has had such a powerful influence on business, cities, and the digital economy.