The Making of the Digital Revolution
While the public tends to regard venture capital as the shadowy and selective money behind today's overvalued tech startups, VC has actually been at the forefront of innovation for 200 years. Like the American state, it is an essential ingredient of the secret sauce of American capitalism.
Margaret O’Mara, The Code: Silicon Valley and the Remaking of America, Penguin Press, 2019.
CAMBRIDGE – What are the roots of the digital revolution? The two books under review here have adopted a distinctive approach to this question. Yet, they are extraordinarily complementary, and all the more compelling when read in tandem.