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Richard Seltzer
Austin Chronicle
Kim Allen

Michael Lewis

The New New Thing

In 1979 Jim Clark was a 38 year old professor of computer science at Stanford University and was wondering where his life was leading to. In The New New thing describes how he then went on to found not one but three multibillion dollar companies in succession. A university project led to Silicon Graphics. Clark only had a small stake in this, so in the early '90s he founded Netscape, and this was followed by Healtheon. By the end of the book we see him thinking about another business. Clark is at the centre of high-tech innovation in Silicon Valley, just as Silicon Valley is such a centre for the rest of the world, so he's an important figure. It's also a fun book to read, so if you're interested in technology in today's world then you might like to give it a try.

Lewis got permission to follow Clark around for some time, and in particular he went along on trips of Clark's boat 'Hyperion'. I felt that these trips could have been made more of a central thread to the book. As it is we hear of several crises on the boat, but they seem to come from nowhere.

I have sometimes wondered why someone who has made lots of money from one business needs to go back to venture capitalists for the funding of the next. This book gave an answer - venture capitalists don't just bring money, they also bring recognition of the worth of the new business, which is especially vital in attracting the best personnel. info
Paperback 432 pages  
ISBN: 0340766999
Salesrank: 47925
Weight:0.66 lbs
Published: 2000 Hodder Paperbacks
Amazon price £8.99
Marketplace:New from £7.12:Used from £2.00
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Product Description
As American capitalism undergoes a seismic shift, Michael Lewis, author of the bestselling Liar's Poker, sets out on a Silicon Valley safari to find the true representative of the coming economic age. All roads lead to Jim Clark, the man who rewrote the rules of American capitalism as the founder of (so far) three multi-billion dollar companies--Silicon Graphics, Netscape, and Healtheon. Lewis's shrewd, often brilliantly funny, narrative provides ahead-of-the-curve observations about the Internet explosion and how the success of Silicon Valley companies is forcing a reassessment of traditional Wall-Street business models.

Weaving Clark's story together with that of this new business phenomenon, Lewis has drawn us a map of markets and free enterprise in the twenty-first century and blown the lid off the changing economy.