Bücher von Sebastian Mallaby

From an award-winning financial historian comes the gripping, character-driven story of venture capital and the world it madeInnovations rarely come from "experts." Jeff Bezos was not a bookseller; Elon Musk was not in the auto industry. When it comes to innovation, a legendary venture capitalist told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives venture capital, Silicon Valley, the tech sector, and, by extension, the world.Drawing on unprecedented access to the most celebrated venture capitalists of all time, award-winning financial historian Sebastian Mallaby tells the story of this strange tribe of financiers who have funded the world's most successful companies, from Google to SpaceX to Alibaba. With a riveting blend of storytelling and analysis, The Power Law makes sense of the seeming randomness of success in venture capital, an industry that relies, for good and ill, on gut instinct and personality rather than spreadsheets and data. We learn the unvarnished truth about some of the most iconic triumphs and infamous disasters in the history of tech, from the comedy of errors that was the birth of Apple to the venture funding that fostered hubris at WeWork and Uber to the industry's notorious lack of women and ethnic minorities.Now the power law echoes around the world: it has transformed China's digital economy beyond recognition, and London is one of the top cities for venture capital investment. By taking us so deeply into the VCs' game, The Power Law helps us think about our own future through their eyes.

"e;Splendid...the definitive history of the hedge fund, a compelling narrative full of larger-than-life characters and dramatic tales."e; The Washington Post Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first- century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009.Read Sebastian Mallaby's new book,The Man Who Knew: The Life and Times of Alan Greenspan.

Reiche, mächtige und womöglich gefährliche Hedgefonds-Magnaten sind die Starsdes Kapitalismus im 21. Jahrhundert. Ihre Wochenendpaläste sind Futter für dieFotografen von Vanity Fair, und die Möglichkeit, sie könnten ein Chaos auslösen,beschäftigte die Aufsichtsbehörden schon vor dem jüngsten Zusammenbruchder Finanzmärkte. Auf der Grundlage des einzigartigen Wissens des angesehenenFinanzautors Sebastian Mallaby über diese Branche sowie von 300 Stunden Interviewsund ungezählten internen Dokumenten erzählt Mehr Geld als Gott dieGeschichte der Hedgefonds von den Anfängen in den 1960er- und 1970er-Jahrenüber die explosiven Schlachten mit den Zentralbanken in den 1980er- und 1990er-Jahren bis zu ihrer Rolle in der Finanzkrise von 2007 bis 2009.Das erste maßgebliche Buch über die Geschichte der Hedgefonds - von den rebellischenAnfängen bis zu ihrer Rolle bei der Definition des zukünftigen Finanzwesens.