Sebastian Mallaby - The Power Law

Sebastian Mallaby is an English journalist, author and a Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations and contributing columnist at The Washington Post. Formerly, he was a contributing editor for the Financial Times He has written many well known books as  The Man Who Knew, More Money Than God, The World's Banker and the one that we will focus on in this episode: The Power Law: Venture Capital and the Making of the New Future. In writing The power law Sebastian had unprecedented access to the most celebrated venture capitalists of all time like Sequoia, Accel, Benchmark, Andreessen Horowitz, as well as Chinese partnerships such as Qiming and Capital Today. Main takeaways: 💃 The best VC funds in the world engineer frameworks to consider the effects of the power law in their assessment process. 🤺 Europe is the new exciting frontier for Venture Capital. 👁️ The long lasting VCs implement support (emotional as well) for the junior VCs to become successful. ❤️ This was an excellent conversion on the birth, timeline and present of Venture Capital and the law powering it! Please enjoy this excellent conversion with Sebastian!