Venture Capital

No one has ever explained how a venture capitalist plays an active role in creating world-changing companies. The venture capitalist often hires the senior management, helps develop the business model, introduces the company to its largest customers, and provides governance. It is a role akin to being an entrepreneur, not just an investor. This book tells stories of the good, the bad, and the ugly of creating companies, and explains how the VC industry created 80 percent of the American economy. The industry now faces severely damaging legislation. Venture capital is different from leverage buyouts and hedge funds and needs to be regulated in an entirely different way.

This highly visual guide offers startup founders and employees a "nuts and bolts" view of how stock options and other forms of equity compensation work in early-stage startups.Throughout this guide numerous mini-infographics illustrate the key concepts founders need to know and show the relationships between stock option grants, vesting timelines, exercise timing, and associated tax implications.In detail, this Founder's Pocket Guide walks entrepreneurs though the following elements:Startup Equity Compensation Basics: Sharing Equity with Your TeamThe first section of this guide is structured to help founders build a base of understanding about the numerous definitions and terminology related to startup equity compensation and stock options. Topics covered include:A brief refresher on startup equity in preparation for delving into the details of stock options and other forms of equity compensation.A quick review of how startup equity ownership is shared between the various stakeholder of a startup including the founders, investors, and employees.The fundamental mechanics of how startup stock options work, including option grants, exercising, vesting, and selling of stock shares.A detailed review of equity compensation terminology and definitions, such as vesting, strike price, fair market value, and spread.An explanation of each of the most common types of equity compensation including Restricted Stock, Incentive Stock Options, Non-Qualified Stock Options, and Restricted Stock Units.Equity Compensation Types in DetailThe next section of this guide reviews each of the most common types of equity compensation, including detailed components such as tax implications, vesting and exercise parameters, and other IRS rules governing the ownership of each equity type. The following equity compensation types are covered:Restricted Stock (RS)Incentive Stock Options (ISOs)Early Exercise Incentive Stock Options (EE-ISOs)Nonstatutory Stock Options (NSOs)Early Exercise Nonstatutory Stock Options (EE-NSOs)Restricted Stock Units (RSU)Establishing Your Startup's Equity PlanIn the final part of this guide we dig deeper into the key areas founders need to consider when developing an equity plan for their startup, with specific focus on the following issues:When to implement a formal equity incentive planWhat factors to consider when deciding how large the equity compensation pool should beHow to decide employee equity award amounts at the different stages of a startup's lifecycleWhat general steps to take to establish a equity compensation plan for your startupWhat key information that must be communicated to employees about equity compensation awardsWhich step-by-step calculations are needed to truly understand equity ownership percentages and valueHow IRS and SEC rules impact private company equity compensation

Bernhard Kirchmair analysiert originäre Ausgründungen als eine Möglichkeit für Unternehmen, an der Kommerzialisierung von intern nicht verwertbaren Projektergebnissen zu partizipieren. Er reflektiert Erfolg und Erfolgswirkung und leitet konkrete Handlungsempfehlungen ab.

A pyrotechnic examination of Elon Musk as a symptom and avatar of our postliberal age 'A searing analysis of Elon Musk... Impressive and unrelenting, this grapples with a destructive ideology that seems poised to consume everything' - Publisher's Weekly (Starred Review)'Impeccably researched and splendidly written, Muskism introduces us to a world full of promise and fear' - Branko Milanovic, author of The Great Global TransformationWho on earth is Elon Musk and what is he doing? Is he a hero, a villain, or does he swing constantly between those two poles? According to the constant media gush driven by his every act and pronouncement, Musk is best understood in personal terms. This book argues differently. Rather than seeing Musk as an individual, it sees him as an avatar of something called Muskism: a playbook for our new postliberal age.It's not that Musk himself holds a coherent set of beliefs; you could say his life is one long improvisation. And he's certainly never used the word Muskism - just as, a century ago, Henry Ford never used Fordism to define his own postliberal modernity. In exploring the forces that have shaped Musk, from South Africa to Silicon Valley, Space X to DOGE, Quinn Slobodian and Ben Tarnoff outline the motifs and practices that have come to dominate our own crisis-ridden world.Muskism, they show, speaks the language of crisis and emergency to invoke a less human future: where humans are purged from the productive process and, through social media and video games, merged with the machine. This is a worldview in which the technocrat is king; which piggybacks on the state to achieve supremacy; and in which only a select few deserve salvation. If you enter, this book warns you, you will grind and you will live in the shadow of one man - but the rewards could be priceless and the alternative might be extinction.

Now a USA TODAY Best Seller!<BR> <BR>A masterclass in persuasion, performance, and psychology, The Tao of Fundraising reveals how to navigate the invisible forces of human nature and capital flow to transform great ideas into fully funded ventures.<BR><BR>The Tao of Fundraising delivers a blunt but necessary truth: the best ideas often go unfunded—not because they’re bad, but because their creators don’t understand how capital flows.<BR> <BR>Fundraising is the most neglected art in modern business. Most MBA courses and coaching advice focus on what to do after a business has secured investment. The Tao of Fundraising seeks to fill that void.<BR> <BR>No one understands fundraising like John Kim, who has used these concepts to raise more than $70 billion over the course of his career. Here, he lays out all the concepts that allowed him to rise to the top of the fundraising world.<BR> <BR>One part how-to, one part psychological study, and one part spiritual guide, The Tao breaks down the fundraising process and all the skills necessary to convince skeptical investors to place their money in your business.<BR> <BR>To overcome a system designed to keep money out of reach and the natural hesitancy of investors, you need:<BR> - The conceptual frameworks to understand how fundraising works in practice. - The practical processes that allow a fundraiser to “sell” their investment. - The psychological principles that enable a fundraiser to persuade skeptical investors to ignore their fears and trust the investment. - The performance skills to close the deal. <BR>Drawing from ancient philosophy, modern psychology, economics, and decades of frontline experience, Kim reveals the deeper dynamics that drive fundraising at the highest level.<BR> <BR>This isn’t just a book about money—it’s a masterclass in human nature and the invisible forces that separate good ideas from funded ones.

If you ask the average person who an entrepreneur is, they'll probably say people like Steve Jobs, Elon Musk or Mark Zuckerberg. But the truth is, you don't need to know how to code or raise VC money to start a business. There are hundreds of millions of small business owners globally, with most creating simple, straightforward services that customers need.<BR><BR>Nick Huber, founder of The Sweaty Startup and several million-dollar businesses, challenges the prevailing Silicon Valley wisdom by demonstrating that success as a small business owner is based on the essential principle of doing common things uncommonly well. In The Sweaty Startup, Nick offers readers the simplest, easiest, and lowest-risk path to reclaiming entrepreneurship, generating value, and forging a new path to get ahead on their own terms. By returning to the most foundational business tactics, this book is a refreshing burst of clarity and simplicity in a world that's obsessed with technology startups, the suffocating squeeze of digital innovation, and the elusive lure of billion-dollar payouts.<BR><BR>Filled to the brim with practical insights, inspiring real-life stories, and actionable advice for aspiring entrepreneurs, Nick will reveal how to create a business that succeeds on the most essential level: making money, consistently and predictably over the long term. His book will redefine entrepreneurship and become the go-to handbook for years to come.

Comprehensive resource on sustainable chemistry, bridging the skill gap between academic science education and innovation and entrepreneurship Innovation Management in Sustainable Chemistry links science with business. Written for science and engineering students with an interest in start-ups and business ambitions, it shows how sustainable chemistry can move from the lab into the real world. The book takes a hands-on approach, offering exercises and teaching by example. It gives students a solid base in sustainable chemistry and business principles, combined with real-life case studies, providing both theory and practice. Written by one of Europe's leading academics, who is also an inventor and entrepreneur, the book starts by teaching the basics of sustainable chemistry, sustainable development, and the circular economy. It then focuses on tools for evaluating sustainable innovation projects and ideas. You will learn about business archetypes and narratives, business models, value creation, and value capture. Team composition, IP strategy, and raising capital are covered next, with guidance drawn from experienced professionals. The two foundation chapters are followed by seven real-life case studies. These follow the stories of start-ups and scale-ups in environmental sampling, catalysis, biodiesel, CO2 conversion, hydrogen storage, and bio-based polymers. Highlighting both successes and failures, the case studies show how the theory of sustainable chemistry is applied in practice. In each chapter, grey 'tech boxes' expand on technological aspects relevant to the case at hand. Additional teaching materials, including lecture plans and in-class group exercises, can be downloaded for free from the publisher's website.

Die Denkweise, die Unternehmen transformiertWie gelingt es, ein erfolgreiches Unternehmen aufzubauen und sich gegen die Branchenriesen zu behaupten? Es hilft, wie ein Investor zu denken: Dieses Buch entschlüsselt die Denkweise von Risikokapitalgebern, die hinter bahnbrechenden Innovationen wie Zoom, Amazon oder Google stehen.Ilya Strebulaev und Alex Dang enthüllen deren erfolgsentscheidenden Fähigkeiten, die auch Unternehmer nutzen: Anhand von neun Prinzipien, die die Grundlage für den Erfolg von Start-ups und Innovationen weltweit bilden, zeigen sie, wie man ein innovationsfreundliches Umfeld schafft, außergewöhnliche Teams aufbaut, Chancen frühzeitig erkennt, Ideen fördert und kalkulierte Risiken eingeht.Dieses Buch ist eine praktische Anleitung, um selbst wie ein Risikoinvestor zu denken und jedes Unternehmen auf Wachstumskurs zu bringen. Ob Gründer, Manager oder Innovator - das Venture-Mindset ist der Schlüssel zu unternehmerischem Erfolg.'Dieses Buch steckt voller kraftvoller, praktischer Lektionen darüber, wie wir unser Denken und Handeln verändern können.' - Eric Schmidt, ehemaliger CEO von Google und Autor von Der Trillion Dollar Coach'Viele der in diesem Buch erwähnten Prinzipien haben uns beim Aufbau von Zoom geholfen und werden auch Ihnen helfen.' - Eric Yuan, Gründer und CEO von Zoom'Ilya ist einer der kenntnisreichsten Experten auf dem Gebiet des Risikokapitals. Dieses brillante Buch liefert wichtige Einblicke in die Denkweise und Entscheidungsfindung von Risikokapitalgebern und zeigt, wie jeder diese Erkenntnisse auf sein eigenes Fachgebiet anwenden und ebenso innovativ sein kann wie sie.' - Ali Tamaseb, Autor von Super Founders

Featuring detailed profiles of the Chinese tech companies making waves, the tech sectors that matter most in China's grab for superpower status, and forward-looking insights into the next decade of China's evolving tech dominance-including breakthroughs in AI, blockchain, and quantum computing.<BR><BR> The rise of China's tech giants and the intensifying global competition from this sector is far from over. As geopolitical tensions rise and Western nations reassess their dependence on Chinese technologies, the landscape is growing more complex-and more urgent. From generative AI and digital currencies to the global reach of platforms like TikTok and Temu, China's influence continues to expand, often in defiance of growing regulatory pushback.<BR><BR>Tech Titans of China remains the go-to guide for those seeking to understand China's sweeping tech ambitions, the powerful companies behind them, and the bold strategies they're deploying-from chip self-sufficiency and surveillance tech to AI leadership and green innovation.<BR><BR> Rebecca Fannin, a leading expert on the Chinese tech sector, is an internationally recognized journalist, author, and speaker. Through her company, Silicon Dragon, Fannin continues to host global forums and connect business leaders, venture capitalists, startup founders, and others navigating the impact of China's rapidly shifting tech landscape and its increasingly contested place in the global economy.

Journalistische Arbeit ist oftmals durch strukturelle Ungleichheiten und mangelnde Diversität geprägt. Marginalisierte Personengruppen stoßen in den Redaktionen der etablierten Presseverlage und Rundfunksender regelmäßig auf Zugangsbarrieren und Hürden in der beruflichen Entfaltung. Mit der Gründung neuer journalistischer Organisationen ergibt sich die Chance, Organisation und Arbeit im Journalismus neu zu denken und in diesem Zuge Ungleichheiten abzubauen und Diversität zu fördern. Die vorliegende Studie untersucht elf journalistische Neugründungen in Deutschland und Österreich. Dafür werden ethnographische Beobachtung, qualitative Interviews und Dokumentenanalyse kombiniert. Die Erkenntnisse beleuchten veränderte Zugangschancen, neue Entfaltungsmöglichkeiten sowie die Rolle journalistischer Gründungen im Feld, eingerahmt durch die analytischen Perspektiven „Care for Journalists" und „Care for Journalism". So wird erstmals auf Grundlage empirischer Forschung sichtbar, wo alternative organisationale Bedingungen neue Möglichkeiten eröffnen, wo sie Spannungen erzeugen und was daraus für Diversität im Journalismus folgt.

Erfolgreich durch alle Phasen der Unternehmensgründung "Es geht nicht um theoretische Modelle, sondern um echte und schmerzhafte Erfahrungen aus der Praxis." - Massimo SchäppiMassimo Schäppi stellt in seinem neuen Buch "Gründen ohne Umwege" viele unterschiedliche Konzepte und Ansätze vor, die Start-ups auf dem Weg zu Erfolg und Nachhaltigkeit unterstützen.Die Hauptkapitel seines Buches zeigen bereits übergeordnete Leitlinien, die bei jeder Gründung berücksichtigt werden sollten:- Klarheit schaffen- Substanz vor Hype- Wachstum mit Verstand- Langfristig denken- Die wichtigsten Learnings Ein Werkzeugkasten für eine optimale Gründung Mehr als 80 Prozent der mit Risikokapital finanzierten Start-ups scheitern, oft aus denselben, vermeidbaren Gründen. Massimo Schäppi hat während seiner langjährigen Tätigkeit als Unternehmer und Investor gezielt die Entwicklung vieler neuer Unternehmen analysiert und sowohl Erfolgsfaktoren als auch Gründe des Scheiterns identifiziert. Seine Erkenntnis ist, dass viele Gründerinnen und Gründer die gleichen Fehler begehen. Um diese vor den typischen Fallen zu bewahren, hat er für alle, die in ihrem Business neu sind, oder den nächsten Unternehmensschritt gehen möchten, bewährte praxiserprobte Konzepte zusammengestellt. Dabei verbindet er überzeugend Theorie und Praxis. Von der ersten Idee und Vision über Produktentwicklung und den Aufbau eines passenden Teams bis zu Finanzierung und Skalierung, stellt er für jeden Ansatz ein Beispiel vor, teilweise aus seinem eigenen Fundus, teilweise von größeren bekannten Unternehmen.Dieses Buch ist nicht nur in der Frühphase einer Gründung hilfreich und erhellend. Es richtet sich darüber hinaus an aufstrebende Unternehmerinnen und Unternehmer sowie an alle, die ein nachhaltiges, erfolgreiches Unternehmen aufbauen möchten und sich von neuen Ideen inspirieren lassen wollen."Bist du bereit, dein Unternehmen smarter, fundierter und mit weniger Umwegen aufzubauen?" - Massimo Schäppi

This short book demystifies how the two systems of technology and capitalism work together and equips readers with practical tools to dismantle them and build a better world, bit by bit. Our society is constantly made to serve the needs of two systems: technology and capitalism. Neither exists outside humans, but both are treated as above and beyond us. The Mechanic and the Luddite offers the critical tools needed to deconstruct these systems--how they work, whom they work for, and what work they do in our lives. With signature style and energy, Jathan Sadowski presents a provocative one-stop shop for understanding the political economy of technology and capitalism. Each chapter breaks down key features of technological capitalism, offering sharp, synthetic, and authoritative analysis of topics like innovation, labor, data, and risk. It's not enough to know how the machinery of capitalism is put together and how its parts operate; we must also know whom the machines serve and when they should be taken apart, to be rebuilt for new purposes or destroyed for good. The Mechanic and the Luddite provides the political guidance needed to make these crucial decisions.

Pflichtlektüre für Gründer und Startups: praxisnah und topaktuell- Alle relevanten Themen für Unternehmensgründung, -finanzierung und -führung- Jetzt mit umfassender Beratung zum Thema KI im Startup- Wertvolle Insights aus langjähriger Startup-Beratung verständlich zusammengefasstStartups werden mit vielen juristischen Fragestellungen konfrontiert. Für den Erfolg des Gründerteams ist es extrem wichtig, von Anfang an die richtigen Entscheidungen zu treffen. Durch eine gute Vorbereitung von Rechtsanwalts- und Notarterminen können Gründer zudem bares Geld sparen.Jan Schnedler, Rechtsanwalt in Hamburg, berät seit vielen Jahren Startups. Er fasst in diesem Praxisleitfaden seine Erfahrungen zusammen - in einer Sprache, die für Nichtjuristen gut verständlich ist.Gesellschaftsform und GesellschaftsvertragWelche Gesellschaftsform ist die richtige? Was muss ich beim Aufsetzen des Gesellschaftsvertrags beachten?Geschäftsmodell, Produkte und Dienstleistungen schützenWas ist eine Marke, und warum sollte ich Marken schützen? Wie sichere ich Technologien durch Patente ab und was kostet das?Das Startup finanzierenBootstrapping, Family/Fools/Friends, Business Angels, Venture Capital, Crowdfunding, Family Offices und staatliche Förderungen: Welche Finanzierungsformen kommen infrage? Was ist bei der Gestaltung von Investorenverträgen wichtig?Das Startup führenWelche Rechte und Pflichten haben Geschäftsführer? Was müssen sie beim Einstellen von Mitarbeitern und im Insolvenzfall berücksichtigen?Künstliche Intelligenz und StartupsWelche rechtlichen Vorgaben gelten für die Trainingsdaten von KI-Modellen? Wie vermeiden Anbieter von KI-Anwendungen Haftungsrisiken? Welche Compliance-Maßnahmen sind Pflicht?

Turn your creative passion into sustainable income with just five hours a week in this road map from the founder of side-hustle-turned-multimillion-dollar-business Gingiber.<BR><BR>Are you dreaming of a career as an artist but unsure how to monetize it? Or have you already started your side hustle but are struggling to make it sustainable, both in your bandwidth and as income?<BR><BR>Stacie Bloomfield asked herself the same questions. Now, she's using her experience of starting stationery company Gingiber to give you just the advice you need to start a successful side hustle doing what you love. After graduating college, she found a job as a coffee shop manager. But she soon found herself yearning to reconnect with her artistic voice. And what started as an artistic side hustle turned into a thriving multimillion-dollar business.<BR><BR>Whether you want to maintain a side hustle or grow your business into something larger, you will need the same solid foundation. With Stacie as your guide, you'll learn:<BR><BR>· 13 ways to monetize art and the secret to business growth in the art world<BR>· The 4 essential components of an art portfolio<BR>· A road map for generating consistent side income as an artist<BR>· How to use 5 hours a week to create your art business<BR><BR> This is your chance to rediscover your unique voice, generate income from your art, and gain the confidence you need to showcase your creativity to the world.

"Private equity runs our country, yet few Americans have any idea how ingrained it is in their lives. Private equity controls our hospitals, daycare centers, supermarket chains, voting machine manufacturers, local newspapers, nursing home operators, fertility clinics, and prisons. The industry even manages highways, municipal water systems, fire departments, emergency medical services, and owns a growing swath of commercial and residential real estate. ... [This book] unearths the hidden story of private equity by examining the lives of four American workers that were devastated as private equity upended their employers and communities: a Toys R Us floor supervisor, a rural doctor, a local newspaper journalist, and an affordable housing organizer. Taken together, their individual experiences also pull back the curtain on a much larger project: how private equity reshaped the American economy to serve its own interests, creating a new class of billionaires while stripping ordinary people of their livelihoods, their health care, their homes, and their sense of security"--

Finde einen sicheren Hafen für Deine Finanz- und Geldanlage"Staatenlos" enthüllt, wie Du Dein Vermögen sicher und effizient verwalten kannst. Lerne, warum ein Bankkonto im Ausland sinnvoll ist und welche Chancen und Risiken auf Dich warten.Navigiere sicher durch das internationale BankwesenDas "Banken Lexikon" bietet Dir verständliches, kompaktes Know-how - auch ohne Finanzstudium. Ein solides Grundverständnis ist unerlässlich, um Dich vor finanziellen Risiken zu schützen.Schütze Dein Vermögen und sichere Deine ZukunftLerne alles über Offshore-Banking und die Fallstricke traditioneller Bankensysteme. Entdecke, wie Du Deine Finanzen zukunftssicher und unabhängig machst.Dein unverzichtbarer Leitfaden für finanzielle SouveränitätMit "Staatenlos: Banken Lexikon: Mit Offshore-Banking sicher durch die Krise" zeigt Dir Christoph Heuermann, wie Du Dein hart verdientes Geld effektiv schützt und langfristige Stabilität erreichst.In diesem kompakten Lexikon erhältst Du: Grundwissen und praktische Ratschläge zu Geld und Finanzen im In- und Ausland. Informationen zu Anlagemöglichkeiten, Risiken, Vorschriften und Zinssätzen weltweit. Strategien und Alternativen zum traditionellen Bankensystem, z. B. Krypto-Investments. Wissen über die optimale Struktur Deines Kontosystems und Lösungen zur Optimierung. Know-how, wie Du Dein Vermögen sicher und effizient in Zeiten der Inflation schützt.Dein Kompass durch die komplexe Welt der Finanzen: Wissen ist Macht Du solltest die Kontrolle über Dein Kapital haben - nicht die Bank! Durchschaue das Geldsystem und wisse, wo Dein Geld sicher ist. Dieses Lexikon erklärt komplexe Themen einfach und bietet Dir effektive Strategien zum Vermögensschutz. Es ist Dein Geld - nutze Deine Möglichkeiten!Du hast die Wahl!Du allein entscheidest, was mit Deinem Geld passiert! Im "Banken Lexikon" lernst Du, warum die Wahl Deiner Bank nur ein Baustein zu Deiner Freiheit ist. Verstehe die Bankmechanismen auch ohne Finanzstudium. Schütze und vermehre Dein Geld mit diesem Wissen effektiv.Frei von staatlicher Willkür Wenn der Staat Steuern erhöht, bist Du oft machtlos. Deshalb ist die Eröffnung eines Bankkontos im Ausland sinnvoll. Viele Auslandskonten bieten weniger Bürokratie und mehr Flexibilität. Du profitierst von höheren Zinssätzen und niedrigeren Steuern - weil Dein Geld Dir gehört! Bist Du bereit für Dein finanzielles Set-up?Was wäre, wenn... ... Du selbst am besten weißt, wie Du Dein Geld sicher und effizient verwaltest? ... Du dadurch auch in unsicheren Zeiten finanzielle Ruhe bewahren kannst? ... Du Dich endlich auch finanziell frei und sicher fühlst?Das klingt traumhaft, oder? Dann starte jetzt mit "Staatenlos" und lerne alles, um Dich und Dein Vermögen zu schützen und eine stabile Grundlage für Deine Freiheit zu schaffen. Weil Dein Leben Dir gehört!

Ray Dalio ist unter Anlegern ein Superstar - sein Hedgefonds Bridgewater Associates der erfolgreichste der Welt, seine "Prinzipien des Erfolgs" sind ein globaler Bestseller. "The Fund" entführt Sie hinter die Kulissen dieser Welt. Mit einzigartigem Zugang zu zahlreichen Mitarbeitern und scharfsinnigen Analysen wirft Copeland mehr als nur einen Blick auf die Methoden, die hinter diesem Erfolg stehen - er beleuchtet die Schattenseiten einer Welt, in der Perfektion über allem steht und die vom manager magazin in einer Rezension der US-Ausgabe mit einem "Horrorhaus" verglichen wurde. Ein Muss für Börsianer, für Mitglieder der Finanzbranche und für jeden, der wissen möchte, was sich hinter den Kulissen von "The Fund" abspielte.

A veteran Pulitzer Prize-winning journalist shadows the top thinkers in the field of Artificial Intelligence, introducing the breakthroughs and developments that will change the way we live and work.Artificial Intelligence has been “just around the corner” for decades, continually disappointing those who long believed in its potential. But now, with the emergence and growing use of generative AI tools like ChatGPT, Gemini, and a rapidly multiplying number of others, many are wondering: Has AI’s moment finally arrived?In AI Valley, Pulitzer Prize-winning journalist Gary Rivlin brings us deep into the world of AI development in Silicon Valley. Over the course of more than a year, Rivlin closely follows founders and venture capitalists trying to capitalize on this AI moment. That includes LinkedIn founder Reid Hoffman, the legendary investor whom the Wall Street Journal once called, “the most connected person in Silicon Valley.”Through Hoffman, Rivlin is granted access to a number of companies on the cutting-edge of AI research, such as Inflection AI, the company Hoffman cofounded in 2022, and OpenAI, the San Francisco-based startup that sparked it all with its release at the end of that year of ChatGPT. In addition to Hoffman, Rivlin introduces us to other AI experts, including OpenAI cofounder Sam Altman and Mustafa Suleyman, the co-founder of DeepMind, an early AI startup that Google bought for $650  million in 2014. Rivlin also brings readers inside Microsoft, Meta, Google and other tech giants scrambling to keep pace.On this vast frontier, no one knows which of these companies will hit it big—or which will flame out spectacularly. In this riveting narrative marbled with familiar names such as Musk, Zuckerberg, and Gates, Rivlin chronicles breakthroughs as they happen, giving us a deep understanding of what’s around the corner in AI development. An adventure story full of drama and unforgettable personalities, AI Valley promises to be the definitive story for anyone seeking to understand the latest phase of world-changing discoveries and the minds behind them.This definitive narrative history of AI reveals:- Silicon Valley Insiders: Follow tech luminaries like LinkedIn founder Reid Hoffman, OpenAI’s Sam Altman, and DeepMind’s Mustafa Suleyman as they navigate the high-stakes world of AI development.- Tech Giants vs. Startups: Go inside the boardrooms of Microsoft, Google, and Meta, and the garages of disruptive startups like OpenAI, to witness the race to dominate the future of technology.- The Business of AI: Understand the venture capital deals, corporate rivalries, and trillion-dollar ambitions driving the current boom in machine learning and neural networks.- From Sci-Fi to Reality: Get a clear, journalistic explanation of the breakthroughs that are finally bringing artificial intelligence out of research labs and into our daily lives.

'A riveting page-turner about the world of technology and dealmaking' - Jonathan Safran Foer, author of Extremely Loud & Incredibly Close<BR><BR>'An extraordinary account . . . details the thrills and horrors of the risks [Sama] so frequently took' - The Sunday Times<BR><BR>A gripping, wildly entertaining memoir that takes you behind the scenes of global business and shines a rare light on the people that are reshaping our world.<BR><BR>Veteran Morgan Stanley banker Alok Sama thought he'd seen it all. Then he found himself chief dealmaker at the most influential technology investor in the world: SoftBank, backer of Arm Holdings, Yahoo, Nvidia, TikTok, Uber, T-Mobile, Alibaba and WeWork.<BR><BR>The Money Trap is Sama's thrilling, stranger-than-fiction story, detailing his experiences alongside SoftBank's iconic founder Masayoshi Son - a visionary maverick who wants to be remembered as 'the crazy guy who bet on the future' and whose mission is 'happiness for everyone'. Sama takes the reader on a wild ride as he consorts with billionaire CEOs and heads of state, negotiates mega-deals across the world and contends with a mysterious dark-arts smear campaign that takes a toll on his private life.<BR><BR>This fascinating and humorous saga provides a unique insider perspective on an industry that continues to disrupt our daily lives, from ridesharing apps to OpenAI. Written with self-deprecating wit, unflinching honesty and searing introspection, The Money Trap is ultimately a morality tale: in life, as in technology investing, more money isn't always the answer.<BR><BR>'[A] raffish and funny exposé of life on the highest peaks of finance . . . wittily observed . . . I imagine the financially ambitious reader drooling with pleasure' - The Wall Street Journal

Now including a new afterword!<BR> <BR>An instant New York Times bestseller from award-winning journalist Kara Swisher, Burn Book is a “highly readable…bawdy, brash, and compulsively thought-provoking” (Booklist, starred review) account of the tech industry and its founders who wanted to change the world but broke it instead.<BR><BR>Part memoir, part history, Burn Book is a necessary chronicle of tech’s most powerful players. From “the queen of all media” (Walt Mossberg, The Wall Street Journal), this is the inside story we’ve all been waiting for about modern Silicon Valley and the biggest boom in wealth creation in the history of the world.<BR> <BR>When tech titans crowed that they would “move fast and break things,” Kara Swisher was moving faster and breaking news. While covering the explosion of the digital sector in the early 1990s, she developed a long track record of digging up and reporting the facts about this new world order. Her consistent scoops drove one CEO to accuse her of “listening in the heating ducts” and prompted Facebook’s Sheryl Sandberg to once observe: “It is a constant joke in the Valley when people write memos for them to say, ‘I hope Kara never sees this.’”<BR> <BR>While still in college, Swisher got her start at The Washington Post, where she became one of the few people in journalism interested in covering the nascent internet. She went on to work for The Wall Street Journal, joining with Walt Mossberg to start the groundbreaking D: All Things Digital conference, as well as pioneering tech news sites.<BR> <BR>Swisher has interviewed everyone who matters in tech over three decades, right when they presided over an explosion of world-changing innovations that has both helped and hurt our world. Steve Jobs, Jeff Bezos, Elon Musk, Bill Gates, Sheryl Sandberg, Bob Iger, Larry Page and Sergey Brin, Meg Whitman, Peter Thiel, Sam Altman, and Mark Zuckerberg are just a few of whom Swisher made sweat—figuratively and, in Zuckerberg’s case, literally.<BR> <BR>Despite the damage she chronicles, Swisher remains optimistic about tech’s potential to help solve problems and not just create them. She calls upon the industry to make better, more thoughtful choices, even as a new set of powerful AI tools are poised to change the world yet again. At its heart, this book is a love story to, for, and about tech from someone who knows it better than anyone.

What happens when a young rabbi sets out to join the ranks of the wealthy, only to find his dreams leading him into a battle for his own soul? Read this gripping story of the quest to build wealth without sacrificing integrity along the way.