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The Techno Optimist Manifesto and the Evolution of Venture Capital
This chapter explores Mark Andresen's manifesto on technology and its impact on society, highlighting the role of venture capital in driving technological development. It discusses the history and growth of the venture capital industry, the changing landscape of venture capital funding, and the allure and benefits of being backed by venture capital. The chapter also delves into the concept of techno optimism and its basis, contrasting the American narrative with China's transformation.