Arthur Rock built the first modern venture capital fund
Sebastian Mallaby · Sebastian Mallaby – The Making of the New Future in Venture, Venture is Eating the Investment World 14 (Capital Allocators, EP.245) · Apr 11, 2022 · at 10:28
Sebastian Mallaby, author of *The Power Law*, discusses the historical origins of Silicon Valley venture capital and Arthur Rock's early influence.
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“Arthur Rock, who was the pioneer of West Coast venture capital, because he was the one who was the first then to set up a fund that succeeded, that we would recognize as similar to the funds that we see today. And he was also the first one to really Invest in a manner that understood the power law.”
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