Behind the Startup: How Venture Capital Shapes Work, Innovation, and Inequality

Author:   Benjamin Shestakofsky
Publisher:   University of California Press
ISBN:  

9780520395022


Pages:   328
Publication Date:   19 March 2024
Format:   Hardback
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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Behind the Startup: How Venture Capital Shapes Work, Innovation, and Inequality


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Overview

This systematic analysis of everyday life inside a tech startup dissects the logic of venture capital and its consequences for entrepreneurs, workers, and societies. In recent years, dreams about our technological future have soured as digital platforms have undermined privacy, eroded labor rights, and weakened democratic discourse. In light of the negative consequences of innovation, some blame harmful algorithms or greedy CEOs. Behind the Startup focuses instead on the role of capital and the influence of financiers. Drawing on nineteen months of participant-observation research inside a successful Silicon Valley startup, this book examines how the company was organized to meet the needs of the venture capital investors who funded it. Investors push startups to scale as quickly as possible to inflate the value of their asset. Benjamin Shestakofsky shows how these demands create organizational problems that managers solve by combining high-tech systems with low-wage human labor. With its focus on the financialization of innovation, Behind the Startup explains how the gains generated by these companies are funneled into the pockets of a small cadre of elite investors and entrepreneurs. To promote innovation that benefits the many rather than the few, Shestakofsky compellingly argues that we must focus less on fixing the technology and more on changing the financial infrastructure that supports it.

Full Product Details

Author:   Benjamin Shestakofsky
Publisher:   University of California Press
Imprint:   University of California Press
Dimensions:   Width: 15.20cm , Height: 2.30cm , Length: 22.90cm
Weight:   0.590kg
ISBN:  

9780520395022


ISBN 10:   0520395026
Pages:   328
Publication Date:   19 March 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Contents Preface  Introduction  PART I San Francisco: Launching the Rocket Ship 1. Orchestrating Change  2. Dreaming of the Future  PART II The Philippines: Innovation’s Human Infrastructure 3. Working Algorithms  4. All in the Family?  PART III Las Vegas: The Call De-Center 5. Working the Phones  6. Bearing the Burdens of Change  PART IV When a Startup Grows Up 7. Growing Pains Conclusion: Reorganizing Innovation  Acknowledgments  Methodological Appendix  Notes  References  Index

Reviews

"""Behind the Startup: How Venture Capital Shapes Work, Innovation, and Inequality is vital and timely Midwest Book Review reading for professional and non-professional readers with an interest in economics, venture capitalism, income inequality, and corporate evaluations."" * Midwest Book Review *"


Author Information

Benjamin Shestakofsky is Assistant Professor of Sociology at the University of Pennsylvania, where he is affiliated with AI at Wharton and the Center on Digital Culture and Society.  

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