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The New New Thing: A Silicon Valley Story Paperback – January 1, 2001

by Michael J. Lewis (Author)

333 customer reviews

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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.

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"The most significant business story since the days of Henry Ford...Lewis achieves a novelistic elegance." --Boston Globe

"May be to Silicon Valley what Pepys's diary was to 1660's London or Twain's Roughing It to the American West of the last century." --Kurt Andersen, The New York Times Book Review (front-page review)

About the Author

Michael Lewis is the author of several books, including the international bestseller Liar's Poker. He has been the American editor of the British weekly The Spectator and a senior editor at The New Republic. He writes regularly for The New York Times Magazine and Bloomberg. Lewis lives in Paris with his wife, Tabitha Soren, and their newborn daughter.

Paperback: 288 pages
Publisher: Penguin Books; Reprint edition (January 1, 2001)
Language: English
ISBN-10: 9780140296464
ISBN-13: 978-0140296464
ASIN: 0140296468
Product Dimensions: 5.1 x 0.8 x 7.8 inches
Shipping Weight: 8 ounces (View shipping rates and policies)
Average Customer Review: 333 customer reviews
Amazon Best Sellers Rank: #1,250,401 in Books (See Top 100 in Books)
- #339 in Books > Biographies & Memoirs > Professionals & Academics > Computers & Technology
- #422 in Books > Computers & Technology > History & Culture > History
- #3246 in Books > Business & Money > Processes & Infrastructure > E-Commerce

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Adam John Zimmerman

Wonderfully framed narrative

September 13, 2016

Format: Kindle EditionVerified Purchase

Lewis has a genuine gift for taking complex concepts (as he did in Moneyball, Boomerang, and Liar's Poker) and breaking it down in a narrative format that manages to convey a maximum amount of meaning into the story. In "The New New Thing" Lewis focuses on Jim Clark's ascent in the world of Silicon Valley entrepreneurship and Clark's persistent pursuit of the titular "new new thing."

Explaining the how's, why's, and differences between the old way of doing things and the new (or new new) way of doing things can be tricky, because it assumes you have some understanding of how the old (or old old) way of doing things works. I'm not a Wall Street investor, but I felt not only capable of understanding Lewis' framework of explanation, but I felt like I could extrapolate deeper meaning from it. He manages to paint fascinating pictures of all the people involved in the pursuit of the new new thing and how their constellation manages to orbit itself as it becomes standard operating practice in the growing tech industry.

I also felt like I could better understand how the minds of billionaire "executives" (as Lewis points out, Jim Clark wasn't exactly sure how to describe exactly what it was he does) and how they anticipate the next new new thing, why it interests them, and how quickly it starts to lose their interest. If you can understand someone like Clark, you can start to understand the industry.

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Mr. Rocky G. Willson

Lewis's Worst--But still worth reading.

March 25, 2017

Format: PaperbackVerified Purchase

It is difficult to rate this book. While it is entertaining and somewhat informative and Michael Lewis writes well and tells a good tale--I've read nearly all his books--this is still his WORST book.

Does that that mean I wouldn't recommend it? No! I still liked it, and would recommend it as a "good" read, I was disappointed because I expect a "great" read from this author.

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Barry J.

A story from a time when I too worked in Silicon Valley - totally different pay scale, though

September 3, 2018

Format: Kindle EditionVerified Purchase

This book was a 'can't put it down' experience for me, with big, earth shaking events happening in the history story I read. Even people and companies who were outside the rarified circle described in the book were also infused with a powerful sense of direction, purpose, and energy that resulted from being in an environment that practically SCREAMED more, faster, and better. I really liked this book! Brought back memories of a time in my life when I was crazy busy and seriously happy.

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susan holland

Mediocre

November 8, 2017

Format: Kindle EditionVerified Purchase

Fealt like a school age crush on a vapid powerful man, devoid of any humanity - I resented getting to know him and his version of what matters

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James Simon

Another good Michael Lewis book

September 9, 2015

Format: Kindle EditionVerified Purchase

I have read three Michael Lewis books, Liar's Poker, Flash Boys and The New New Thing so I obviously like Michael Lewis. The general theme of these three books is the greed and corruption of our financial system.

One reviewer felt that Jim Clark was deified and no negative information was given but I disagree with that assessment. I saw Clark as a man with above average talent who learned to game the system to become super rich. It is sad to see someone with lots of money...all he will ever need for several lifetimes...who can't be content because he "needs" to have a larger number.

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bottomofthe9th

typical Lewis: interesting and readable

December 27, 2010

Format: PaperbackVerified Purchase

y least favorite of the in-depth Lewis books, but that's not saying much. Unlike Liar's Poker, which Lewis thought would bring sweeping change by bringing some sketchy practices to light but still rings true, The New New Thing feels dated now, 10 years later. Nonetheless, as someone who understood the late 1990s tech boom only peripherally, this book was insightful, both in terms of those companies' business models (or lack thereof, as the case may be) and some of the relevant personalities. (Still important: Larry Ellison, John Doerr)

Although I doubt commercial interest warrants, this book could use an updated epilogue, particularly surrounding Healtheon/WebMD, which I have to think does not at all match the original vision.

As usual, very well written and engaging; always the case with Lewis. I didn't find Jim Clark as sympathetic as I think I was intended to, and as a result some of the chapters focused on him personally (especially his flying a helicopter, and sailing his boat across the Atlantic) dragged a bit.

4 people found this helpful

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Marcelo P. Lima

Jim Clark, Hyperion & the Internet Bubble

June 2, 2001

Format: PaperbackVerified Purchase

It's true: this book IS mostly about Hyperion, Jim Clark's huge sailboat, but then again, the book is mostly about Clark himself. If you know how Lewis writes, it's a thread here and there, that weave and become this lively patchwork of ideas and facts, and, in the end, you have a profile of the Valley and one of the main characters that created its allure.
Lewis is a master of engaging character portrayals, with intoxicating and hyperbolic prose. He plays objective narrator throughout, sometimes interfering with the plot, but holds no punches in describing Clark's maniacal quest for wealth.
In the end, there is a wonderful demonstration that wealth doesn't bring happiness with it. From p. 258: "Why do people perpetually create for themselves the condition for their own dissatisfaction?" -- an retort to Clark's statement that "Once I have more money than Larry Ellison, I'll be satisfied". A few years earlier, satisfaction for Clark amounted to a measly $10 million on the bank; that number mushroomed to $1 billion.
Throughout, Lewis conveys the feeling of the Internet bubble of the late 90s; the wealthy, controlling venture capitalists; the insanely-priced IPOs for companies that had no clue how to make money. So yes, that's all a bunch of old old things by now, and if I were looking for a historical account of that period, the book would be worth only 4 stars; yet, I was going for the portrait of Clark, and for those who lived through it, the book is a good behind the scenes look at the creation of Silicon Graphics, Netscape, and Healtheon.

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