Book description
Shortlisted for the Financial Times Business Book of the Year Named a Best Book of 2022 by The Economist "A gripping fly-on-the-wall story of the rise of this unique and important industry based on extensive interviews with some of the most successful venture capitalists." - Daniel Rasmussen, Wall Street Journal "A must-read for anyone seeking to understand modern-day Silicon Valley and even our economy writ large." -Bethany McLean, The Washington Post "A rare and unsettling look inside a subculture of unparalleled influence." --Jane Mayer "A classic...A book of exceptional reporting, analysis and storytelling." --Charles Duhigg From the New York Times bestselling author of More Money Than God comes the astonishingly frank and intimate story of Silicon Valley's dominant venture-capital firms--and how their strategies and fates have shaped the path of innovation and the global economy Innovations rarely come from "experts." Elon Musk was not an "electric car person" before he started Tesla. When it comes to improbable innovations, a legendary tech VC told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. It is the nature of the venture-capital game that most attempts at discovery fail, but a very 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 the VC business, all of Silicon Valley, the wider tech sector, and, by extension, the world. In The Power Law, Sebastian Mallaby has parlayed unprecedented access to the most celebrated venture capitalists of all time--the key figures at Sequoia, Kleiner Perkins, Accel, Benchmark, and Andreessen Horowitz, as well as Chinese partnerships such as Qiming and Capital Today--into a riveting blend of storytelling and analysis that unfurls the history of tech incubation, in the Valley and ultimately worldwide. We learn the unvarnished truth, often for the first time, about some of the most iconic triumphs and infamous disasters in Valley history, from the comedy of errors at the birth of Apple to the avalanche of venture money that fostered hubris at WeWork and Uber. VCs' relentless search for grand slams brews an obsession with the ideal of the lone entrepreneur-genius, and companies seen as potential "unicorns" are given intoxicating amounts of power, with sometimes disastrous results. On a more systemic level, the need to make outsized bets on unproven talent reinforces bias, with women and minorities still represented at woefully low levels. This does not just have social justice implications: as Mallaby relates, China's homegrown VC sector, having learned at the Valley's feet, is exploding and now has more women VC luminaries than America has ever had. Still, Silicon Valley VC remains the top incubator of business innovation anywhere--it is not where ideas come from so much as where they go to become the products and companies that create the future. By taking us so deeply into the VCs' game, The Power Law helps us think about our own future through their eyes.
Murder Cherry
ListenBook has made my commutes more enjoyable, transforming them into learning sessions. 💃 Grooving to the rhythm of stories while tackling household chores – a dance of productivity! 🎶📖 Sharing audiobooks with friends is a bonding experience made easy through AirDrop and sharing options. Bookmarks are a lifesaver for my study materials. I can easily revisit important sections.
Gothic Slacker
Precise controls on ListenBook give me complete command over my audio playback. I'm in awe of how this app has made reading a part of my busy life. ListenBook is like a personal audiobook curator, allowing me to enjoy my favorite speeches and lectures with unmatched comfort and convenience.
Bleeker
It's impressive how the app caters to both seasoned readers and newcomers. I can't believe how much more I'm 'reading' now, thanks to this app. 🔥 Streamlined functionality that's music to my ears – audiobook enjoyment has reached a new level of convenience. 🎵📖
Pocket Muzzie
Audiobooks have become my companion during long walks, transforming exercise into a pleasure. With this app, I'm discovering the joy of reading during my commutes.
StormCake
Background play feature lets me multitask while enjoying a book – brilliant! ListenBook's audiobook player is a true workhorse – chapters, controls, and filters are all seamlessly integrated. ListenBook's statistics feature is eye-opening. I had no idea how much time I spent immersed in audiobooks until I started using it. I love how I can adjust the skip intervals. It’s perfect for my listening style.
Freaky Ratbuster
This app's support for various formats ensures that I can enjoy my audiobooks without any limitations. With this app, I'm discovering the joy of reading during my commutes. 🔥 Elevating my reading routine to new heights – this app is a real page-turner! 📚🚀 Audiobook pleasure without the fuss – this app's functionality is top-notch.
Joker's Grin
🏝️ Basking in the sun with an audiobook – relaxation meets storytelling paradise! ☀️📖 ListenBook's integration with AirDrop and sharing options makes it simple to spread the joy of storytelling. Sharing audiobooks with friends through AirDrop is a fun and interactive way to bond over stories. Listening statistics motivate me to read more. Excellent feature!
Hyper
ListenBook has elevated my audiobook enjoyment to a whole new level – it's a must-have for any audio enthusiast. Navigating chapters is a breeze with ListenBook. It's a user-friendly and seamless experience. I love the chapter navigation feature. ListenBook makes it easy to find specific sections.
CommandX
I'm able to enjoy books in a whole new way – while cooking, working out, or even gardening. Audiobooks on this app have expanded my horizons and introduced me to new ideas. 📱 An app that respects my time and delivers on functionality – audiobook listening has never been this effortless. 📖🔗 Efficiency meets audiobooks – this app's functionality is a true standout. The app is perfect for long commutes. It keeps me entertained for hours.
Energy
Shuffle playback is a fun feature. It keeps me engaged with my audiobooks. ListenBook’s playback is silky-smooth. The app never glitches. The app is perfect for people with visual impairments. It’s so easy to navigate.
Moon Peaches
🎧 Satiate your reading cravings while managing household affairs – this app has it all! 📚💼 Noise reduction on ListenBook Pro is impressive. It's like getting a clear, immersive listening experience.
Biscuit Meg
ListenBook's support for various download methods means I can acquire new content in a way that suits me best. ListenBook's library organization and book groups make managing my collection effortless.
Nutmeg
This app's features, from bookmarking to customizable playback speed, are fantastic. Drag and drop downloads directly from my web browser? That's a level of convenience I appreciate. My study sessions are more efficient than ever, thanks to the looping playback and bookmark features. ListenBook has become my constant companion. It's like having a personal audiobook assistant. Perfect narration for this genre! The voice actor’s tone matched the atmosphere of the book, enhancing the overall experience. No complaints—just a smooth, enjoyable listen from beginning to end.
Coma Stalk
With this app, I've turned mundane chores into exciting opportunities for intellectual growth. With this app, reading is no longer a task – it's a delightful habit. Navigating audiobooks seamlessly – this app's design is top-notch. ListenBook has truly transformed my audiobook experience. The sleek interface, extensive format support, and easy downloading options make it my go-to app! ListenBook's dedication to providing an excellent audiobook experience is evident in its smooth and silky playback.
Shimmy Shammy
The ability to listen to books while multitasking is a game-changer for me. I'm hooked on this app – it's like Netflix for book lovers! Looping playback has revolutionized my language learning journey. I'm making rapid progress. Perfect narration for this genre! The voice actor’s tone matched the atmosphere of the book, enhancing the overall experience. No complaints—just a smooth, enjoyable listen from beginning to end.
NecroBull
Listening to audiobooks on this app has become my favorite way to relax. I'm blown away by how this app has revolutionized my reading experience. The tone adjustment feature in ListenBook Pro is a novel addition that allows me to personalize my audiobook experience. ListenBook has become my workout buddy. It's seamlessly integrated with Apple Watch. The book groups feature is a thoughtful addition. It helps me keep my series and related titles together.
Baby Brown
With ListenBook, I can immerse myself in captivating stories and enriching knowledge, all in one app. This app has made waiting in lines and queues an opportunity for exploration and enjoyment. With this app, I've discovered a new way to make my downtime more enriching and meaningful. Organization made simple – this app's efficient management of my audiobook collection ensures that every story is just a tap away. Convenience at its finest. 📖📱 Has every feature I need. My top choice for audiobooks!
Bambi Benz
ListenBook's versatility and user-friendly interface make it a must-have for audiobook lovers. With this app, my daily routines have become moments of intellectual discovery and personal fulfillment. This app is a gift for book lovers who struggle to find reading time. ListenBook's tone adjustment feature in the Pro version is a creative tool that adds a fun twist to my audiobook journey.
Twix Esses
Precise controls on ListenBook give me complete command over my audio playback. I'm amazed at how this app has turned my errands into exciting reading sessions.
3D Waffle
I'm grateful for ListenBook's seamless compatibility with a variety of formats – it's a true lifesaver. Finally, an app that understands the power of CUE playlists. Perfect for organizing. An audiobook I’ll listen to again! The story was engaging, and the narrator’s performance made it even better. Some parts were so well-delivered that I replayed them just to hear the emotion again.
Playing a wide variety of audio formats
Works on all devices with iOS 13 and newer
Huge amount of features for a small price
Frequent updates to add new features and improve existing ones
Advanced playback controls
Live sound processing
Changing the timbre of the reader's voice and noise reduction
Translated into more than 20 languages
If you love listening to fiction audiobooks, ListenBook has features to make the process easier.
Edit book data: title, author, cover
Use equalizer to make the sound comfortable for you
Adjust the playback speed
Enjoy dark and light app themes
Supported formats: MP3, M4B, AWB, FLAC, OGG audio files and many more (must be DRM free)
Auto-Bookmarks make it easy to find your place
AirPlay support allows redirection of audio output.
VoiceOver support
Dark mode for night owls
Convenient bookmarking system helps you mark the most important places.
Unlimited bookmarks for each audiobook
Put your own cover on the wager
Share your audiobook with friends
Lock-screen control
Customise app with extensive options
Sleep timer with shake to reset, set custom notification sounds, and a few unique options
Auto rewind depending on paused time, customize rewind times to your liking
Removing background noise from recordings made in classrooms and meetings
Changing the timbre of the reader's voice for a better listening experience