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Sebastian Mallaby on the Rise of Venture Capital and Their Impact on the World

Macro Hive Conversations With Bilal Hafeez

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The Rise of VC Firms

Venture capital has been in the news a lot recently, says Julian Zelizer. The world economy is moving more and more towards intangible capital, he says. It turns out it best created through iterative experiments run by startups backed by venture capitalists. "We're paying the price for that wild ride," writes Zelizer.

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