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Minsky Moments in Venture Capital
By 1983, there were more than 70 companies competing in the disk drive sector alone, and valuations collapsed. There were plenty of people whose fortunes were established in the 1970s and 1980s, and many VCs made their names in that era. But the biggest advantage to being an irruption-stage investor was building institutional knowledge to invest... See more
Jerry Neumann • AI Will Not Make You Rich
In Minsky’s own words, ‘The tendency to transform doing well into a speculative investment boom is the basic instability in a capitalist economy.’
Kate Raworth • Doughnut Economics: The must-read book that redefines economics for a world in crisis
