5min chapter

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482. Is Venture Capital the Secret Sauce of the American Economy?

Freakonomics Radio

CHAPTER

Thernos, a Health Technology Company That Raised More Than One Billion Dollars in Private Money.

Tolerance of error is essential, and clusive pursuit of efficiency is the enemy of innovation. It's the ones who don't know they're lying that really get you into trouble. Start ups with exclusively female founders took in barely two % of v c funding in the us 20 years ago. About 12% of decision makers at vc firms n the us or women, up from just under six percent in 20 16.

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