VC

"An incisive history of the venture-capital industry."--New Yorker"An excellent and original economic history of venture capital."--Tyler Cowen, Marginal Revolution"A detailed, fact-filled account of America's most celebrated moneymen."--New Republic"Extremely interesting, readable, and informative…Tom Nicholas tells you most everything you ever wanted to know about the history of venture capital, from the financing of the whaling industry to the present multibillion-dollar venture funds."--Arthur Rock"In principle, venture capital is where the ordinarily conservative, cynical domain of big money touches dreamy, long-shot enterprise. In practice, it has become the distinguishing big-business engine of our time…[A] first-rate history."--New YorkerVC tells the riveting story of how the venture capital industry arose from America's longstanding identification with entrepreneurship and risk-taking. Whether the venture is a whaling voyage setting sail from New Bedford or the latest Silicon