Sebastian Mallaby: Venture capital as an engine of courage — #8
Manifold
00:00
I Think the Pace of Innovation Is Just Going to Accelerate
i think we're past the tipping point in europe as well now, and nd for some time, in india. And i just think the world is going to be, i think the pace of innovation is just going to accelerate. I totally agree that we're in a new phase of capitalism where vege capital, it's spreading around the world. It's spreading along the life cycle of companies which used to go public at a valuation of half a billion. And let us stay private, even though they might be worth 50 billin. We're talking about ideas and soft ware and patents and customr relationships and business processes. All those intangible assets are best financed by hands on
Transcript
Play full episode
