196 | Sebastian Mallaby: How Venture Capital and the Power Law Shape the Future
The Realignment
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Venture Capital Is a Key Driver of Progress
Venture capital is actually a key driver of progress itself, says Yeagan. He argues that it's very difficult to have objective criteria for what regard as useful innovation. And if there's a market for what they do, and people are paying for what the do, it suggests there must be some value in that,. he adds.
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