196 | Sebastian Mallaby: How Venture Capital and the Power Law Shape the Future
The Realignment
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The Power Law Is Operating at Multiple Levels
In the natural world, it could be that 80 % of the people live in 20 % of the cities. In some areas of life, success begets success. And when things start to take off, like a paper by a particular professor gets to be recognized, you get this feedback loop where it becomes more and more successful. That's the power law at work, this expediential take off.
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