A01=Jonathan E. Lewis
Author_Jonathan E. Lewis
Category=KJZ
Category=NHK
Category=NHWL
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eq_business-finance-law
eq_history
eq_isMigrated=1
eq_nobargain
eq_non-fiction
Product details
- ISBN 9780300209754
- Weight: 454g
- Dimensions: 156 x 235mm
- Publication Date: 10 Jun 2014
- Publisher: Yale University Press
- Publication City/Country: US
- Product Form: Paperback
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What happens when the world of venture capital collides with the world of espionage? To find the answer, Jonathan E. Lewis takes us inside the executive suite at Itek Corporation during the Cold War years from 1957 to 1965. Itek was manufacturing the world’s most sophisticated satellite reconnaissance cameras, and the information these cameras provided about Soviet missiles and military activity was critical to U.S. security. So was Itek. This intriguing book examines in unprecedented detail the challenges Itek faced not only as a contractor for the most important national security program of the time—the CIA’s Project CORONA spy satellite—but also as a start-up company competing with established industrial giants.
In telling the story of Itek Corporation, Lewis fills important gaps in the history of American intelligence, business history, and management studies. In addition, he addresses a variety of important themes such as the compatibility of secrecy and capitalism, the struggle between profits and patriotism, and the workings of power and connections in America. Lewis explores how Itek executives contended with myriad business problems that were compounded by the need to raise capital without revealing the complete truth about the company’s highly secret business. He also presents for the first time information about Laurance Rockefeller’s venture capital operations and his role in financing Itek, based on the financier’s private Itek papers. The book is both a remarkable case study of a company at the heart of the American intelligence-industrial complex during the Cold War and a thought-provoking examination of the impact of the CIA on the capitalist system it was created to defend.
In telling the story of Itek Corporation, Lewis fills important gaps in the history of American intelligence, business history, and management studies. In addition, he addresses a variety of important themes such as the compatibility of secrecy and capitalism, the struggle between profits and patriotism, and the workings of power and connections in America. Lewis explores how Itek executives contended with myriad business problems that were compounded by the need to raise capital without revealing the complete truth about the company’s highly secret business. He also presents for the first time information about Laurance Rockefeller’s venture capital operations and his role in financing Itek, based on the financier’s private Itek papers. The book is both a remarkable case study of a company at the heart of the American intelligence-industrial complex during the Cold War and a thought-provoking examination of the impact of the CIA on the capitalist system it was created to defend.
Jonathan E. Lewis is a portfolio manager at OFFITBANK and cochairman of the intelligence capabilities action group at Business Executives for National Security (BENS). He recently served as a member of the BENS Independent Panel on the Central Intelligence Agency In-Q-Tel Venture, a study mandated by the United States Congress. He is coauthor of Reflections of a Cold Warrior: From Yalta to the Bay of Pigs, published by Yale University Press.
