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The Power Law with Sebastian Mallaby

This episode of the FEG Insight Bridge features Sebastian Mallaby, the Paul Volcker senior fellow for international economics at the Council on Foreign Relations and renowned journalist and author whose works include More Money Than God: Hedge Funds and the Making of a New Elite and The Man Who Knew: The Life and Times of Alan Greenspan, among others. The focus of this discussion is Sebastian’s most recent book, The Power Law: Venture Capital and the Making of the New Future, and Sebastian shares his thoughts on the unique nature of Silicon Valley, the enormous influence of key venture capitalists on the industry, and the art and responsibility of storytelling. Listen in on this fascinating conversation to better understand the mysteries of venture capitalism, the mindset of successful VCs, and why governance is crucial, even—or especially—for decacorns.

Chapters

00:00:00 Intro

00:00:35 Episode overview

00:02:22 Sebastian’s motivation for writing about venture capital

00:03:25 Sebastian’s research process

00:08:27 How long it takes to write a book

00:10:05 Strategies for telling an authentic and detailed story

00:13:41 Silicon Valley and venture capital

00:16:47 The unique success of Silicon Valley

00:18:44 The Power Law

00:23:24 How the VC model has changed over the years

00:30:04 Google and the rise of angel investing

00:38:03 Decacorns, governance, and diversity in VC

00:41:41 Sebastian’s favorite venture capital story

00:44:29 What’s next for Sebastian

 

Disclosures

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The information herein was obtained from various sources. FEG does not guarantee the accuracy or completeness of such information provided by third parties. The information in this presentation is given as of the date indicated and believed to be reliable. FEG assumes no obligation to update this information, or to advise on further developments relating to it.