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The Power Law: venture capital and the art of disruption

Sebastian Mallaby examines the decision making processes of venture capitalists.
Sebastian Mallaby examines the decision making processes of venture capitalists.
Monday 7 February 2022 | 1 hour 6 minutes 45 seconds

Investing always involves bets on an uncertain future, but venture capitalists face uncertainty of an extreme sort. How do they decide which startups have a chance of making it? How do they impact the economy and society? And why is venture capital spreading globally?