2) The New New Thing by (someone) Lewis. The biography of Jim Clark and his attempt to start THREE billion dollar companies. The first was Netscape, which changed forever the business paradigm and started the silicon valley/internet boom.
Usually, companies are valued according to the present value of what their expected to bring in in the future. Clark changed the paradigm so that founders and their companies could make money, i.e. billions!, soley because of the IDEA that COULD bring in millions. He decided not to go to venture capitalists,i-bankers, or managers first. Rather, they came to him and his fellow engineers just hoping they could invest in his ideas. He never gave them more then 50%, the percentage needed to control a company. Very few if any businessmen made a boatload on these three most successful internet venutres in history.
As you know, people are not currently investing in ideas like they did in the internet boom. Fundamentals--what a company can bring in in the future according to what it does/has now--drives the value of a co, and (more or less) stock prices. That's how stocks fell from $200 to $2 in day--from (the value of) an idea to fundamentals.
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