Discover the answers in this groundbreaking book from two of the world’s leading experts at the intersection of venture capital and global development. Victor W. Hwang and Greg Horowitt propose a radical new theory to explain the nature of places like Silicon Valley—innovation ecosystems that generate extraordinary creativity and output. They argue that free market thinking fails to consider the impact of human nature on the innovation process. This ambitious work challenges basic assumptions that economists have held for over a century.

The authors draw from their own experiences as venture capitalists with a unique practice that blends public and private, working in emerging markets and assisting the growth of thousands of technology startups in over 30 countries. They argue that innovation ecosystems—what they call Rainforests—can only thrive when certain cultural behaviors unlock human potential. Their theory of the Rainforest is influenced by several breakthrough ideas in academia, including insights on sociobiology from Harvard, economic transactions from the University of Chicago, and design theory from Stanford.

With an unorthodox and entertaining narrative, the book reveals the mysterious mechanisms of Rainforests. Furthermore, the authors provide practical tools for readers to design, build, and sustain new innovation communities. The Rainforest will transform the way you think about technology, business, and leadership.

About the Author

Victor W. Hwang is a venture capitalist and entrepreneur living in Silicon Valley. He is co-founder and Managing Director of T2 Venture Capital, a firm that grows startups, invests capital, and assists the development of innovation economies worldwide ( T2VC's clients have included dozens of investors, governments, and corporations, including the World Bank, the U.S. Agency for International Development, and Cisco, among many others.

Victor has spent his career at the intersection of private venture and public policy. He has founded or been involved in the original team of numerous startup companies. He is the former President of Larta Institute, which mentors hundreds of startups companies for federal agencies, such as the National Science Foundation and the National Institutes of Health. He practiced law as a corporate attorney on transactions ranging from angel and venture investments to multi-billion dollar corporate mergers and public offerings.

He received a law degree from the University of Chicago. He received a bachelors degree with honors from Harvard University.

He has lived across America - including in Boston, Chicago, Iowa, Indiana, Los Angeles, Louisiana, North Carolina, Washington, D.C., and Austin. He has traveled to all 50 states and to 49 countries.



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