New Power Brokers - Hedge Funds and Venture Capitalists

Full Episode: https://youtu.be/CH-4yCU1BTs In this episode, host Anirudh Suri discusses with guest Sebastian Mallaby the rise and influence of hedge funds and venture capital in the finance industry. They delve into how these players, absent in the 1920s and 1930s, have become powerful forces shaping the rules of the game today. The conversation covers the significant growth and role of hedge funds in market innovation and price discovery, and the risk-reward dynamics unique to venture capital. Mallaby also explains why these forms of capital deployment remain distinct from the operations within large traditional banks, attributing it to the differences in incentive structures. 00:00 Introduction to New Players in Finance 00:31 The Evolution and Impact of Hedge Funds 02:50 Venture Capital: High Risk, High Reward 05:11 Comparing Hedge Funds and Venture Capital 05:49 Incentive Structures in Finance **Books** Sebastian: **The Power Law: Venture Capital and the Making of the New Future** - https://amzn.eu/d/0N1LYKo **More Money than God** - https://amzn.eu/d/goWCmMg **The Man Who Knew: The Life & Times of Alan Greenspan -** https://amzn.eu/d/7U4ZzSe Anirudh: The Great Tech Game by Anirudh Suri : [amzn.eu/d/1Su38My](http://amzn.eu/d/1Su38My) Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Youtube: https://www.youtube.com/@anirudh_suri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #VentureCapital, #HedgeFunds, #CapitalGame, #FinancialMarkets, #InvestmentStrategy, #TraditionalBanks, #Regulation, #FinancialInnovation, #PriceDiscovery, #StockMarket, #Startups, #InvestmentRisk, #AssetManagement, #HighReturns, #IncentiveStructures, #InvestmentFocus, #CorporateVentureCapital, #EconomicImpact, #TradingResearch, #PowerLaw