Productive Bubbles

Venture capitalist Bill Janeway sits down with Brian Price to discuss the notion of productive bubbles. He argues that innovation sometimes requires a higher tolerance by investors for waste and initial failures. From the aviation industry to bitcoin, bubbles always seem to pop up around new technology, but that might not be a bad thing. This clip is excerpted from a piece published on Real Vision on December 21, 2018. Watch more at https://www.realvision.com.