Jan 19, 2016

Venture Capital and Future Tech - a Reading List

Reinventing the Past

In a prior post, I wrote about my experience with a food startup.  It was a small window into venture capital, a small, but vital part of new economic growth.

I was reading a Harvard Business article about how venture capital works.  Among other things, I learned that being a good VC is about knowing how to take only those risks you can control and in the right industries (read, growing industries).

I shared the thought with an industry veteran, and his reply was that a lot of VC success is just "luck."   For instance, food delivery business only became a growth industry because VCs were pumping so much money into it.  He said:

"Anything looks good if you pump enough money into it."

Sounds plausible.  The disparity between skill and luck, and the dynamics involved in outcomes made me want to learn more.

In many ways, it's an old story about the force of technology driving businesses to become more efficient.  It's about the good enough solutions dislodging the best, because it's cheaper and easier.  Simply, consumers want it.  Yes, it's an old story, a la Innovator's Dilemma.

Tidal Forces of the Web

In Paul Ford's: What is Code? Ford notes how the profession of programming is very adaptable to change.  Languages written to solve one set of problems is often (inevitably) adopted to solve a problem in another.  For example, with V8, JavaScript could run outside of the browsers for which it was designed.  Now, it could read files, send emails, erase your data, and made the client a server.

In this "flow" of the river of software, we often observe trends toward:
  • abstraction (of information and processes)
  • adaptation (one solution applied to different use case)
  • universality (good patterns can be repeated anywhere)
  • acceleration (solutions enable other solutions)
These trends have resulted in pretty drastic power law outcomes, where you have few big winners, and then everyone else.  How should the modern professional adapt to this reality?

How You Can Keep Up - Great Books About Tech

Perhaps the easiest and the best thing you can do is to read good books.

Great books.  I was particularly interested to read more into the VC world, because it's a bridge to the traditional world of finance.  And importantly, I think it also sheds light to the financial incentives so key to driving change.

In a way, this is a contrast to the craftsman's focus on just building something great for the sake of building.  There are those whose reward is simply to build something great.  There are those whose reward is to get rich.  In our tech world, both must work together.

Tech, Future, Building

Bold: How to Go Big ... Impact the World.  By Peter Diamandis.

Tomorrowland: ... Science Fiction to Science Fact.  By Steven Kotler.

Hackers and Painters: Big Ideas from the Computer Age.  By Paul Graham.

Zero to One: How to Build the Future.  Peter Thiel.

More Strictly VC

The Startup Game: Inside ... VC and Entrepreneurs.  By Bill Draper.

Mastering the VC Game.  By Jeff Bussgang.

Venture Deals: Be Smarter than ... Your VC.  By Brad Feld and Jason Mendelson.

16 comments:

henris said...

Thank you for sharing the information here. Its much informative and really i got some valid information. You had posted the amazing article.

Hadoop Training in Chennai

Suseela Susiee said...



Great and useful article. Creating content regularly is very tough. Your points are motivated me to move on.


SEO Company in Chennai

Arthur Mac said...

Thanks for sharing such a great article.I hope it will help us to more people.Keep updating your blog.
Regards,
Hadoop Training Chennai
| Hadoop training institutes in chennai | Hadoop Course in Chennai

Paul Miller said...

This substance makes another trust and motivation within me. A debt of gratitude is in order for sharing article this way.
Digital Marketing Training in Chennai | Digital Marketing course in Chennai

for IT the said...

I have read your blog its very attractive and impressive. I like it your blog.


SEO Services in India SEO Company in India SEO Company in India

Guaranteed SEO services Guaranteed SEO

ASO Services said...

Thanks a lot for sharing this with all of us, I like it and we can communicate. Do you need buy app ratings and reviews. To boost app ranking and double app downloads now.

Nandhini said...


Interesting post! This is really helpful for me. I like it! Thanks for sharing!
Mobile application developers in Chennai | PHP developers Chennai

IT Tutorials said...


Thanks for your article. Its very helpful.Really helpful content for everyone. I Hadoop training in chennai | Hadoop Training institute in chennai

Aparna said...

Really, it is the kinds of great information and thanks for sharing such a valuable post. Keep posting like this...!
Job Openings in Chennai
job vacancy in chennai
Excel Training in Chennai
Linux Training in Chennai
Oracle Training in Chennai
Oracle DBA Training in Chennai
Power BI Training in Chennai
Tableau Training in Chennai
Pega Training in Chennai
Spark Training in Chennai

Adhuntt said...

Nice blog thanks for sharing Looking for the best creative agency to fuel new brand ideas? Adhuntt Media is not just a digital marketing company in chennai. We specialize in revamping your brand identity to drive in best traffic that converts.

Karuna said...

Great blog thanks for sharing Set up a aesthetic work environment that employees love to spend time in and relieve their stress. Your company needs the best corporate gardening service in Chennai and Karuna Nursery Gardens in happy to oblige you in the endeavour to make your infrastructure something worth flaunting about.

Unknown said...

Excellent blog thanks for sharing Run your salon business successfully by tying up with the best beauty shop in Chennai - The Pixies Beauty Shop. With tons of prestigious brands to choose from, and amazing offers we’ll have you amazed.

Unknown said...

Awesome blog thanks for sharing While choosing your perfect ride for driving, Accord Cars comes with and the best packages for you to pick from. Car rentals for self drive in Chennai are done the easier. Just pick out your plan from hourly, daily, weekly and even monthly plans available.

Unknown said...

Very useful blog thanks for sharing With over a three decade of beauty expertise at our fingertips, we believed that everyone has the right to be beautiful. And so began the journey of our very own Pearl’s Beautician course in Chennai.

Unknown said...

Awesome blog thankks for sharing 100% virgin Remy Hair Extension in USA, importing from India. Premium and original human hair without joints and bondings. Available in Wigs, Frontal, Wavy, Closure, Bundle, Curly, straight and customized color hairstyles Extensions.

Unknown said...

Very useful blog thanks for sharing IndPac India the German technology Packaging and sealing machines in India is the leading manufacturer and exporter of Packing Machines in India.