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Is Venture Capital the Secret Sauce of the American Economy? | Freakonomics Radio | Episode 482

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The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good for society, or does it just help the rich get richer? Stephen Dubner invests the time to find out.

This episode was originally published November 10, 2021.
For a full transcript, resources, and more, visit: https://freak.ws/3W1pEEF
Photo credit: Audrey Bernstein

ABOUT FREAKONOMICS RADIO:
Discover the hidden side of everything with host Stephen J. Dubner, co-author of the Freakonomics books. Each week, Dubner speaks with Nobel laureates and provocateurs, intellectuals and entrepreneurs, and various other underachievers to uncover things you always thought you knew (but didn’t) and things you never thought you wanted to know (but do) — from the economics of sleep to the future of education, from markets for marriage to the surprising utility of wolves.

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ABOUT FREAKONOMICS RADIO NETWORK:
Freakonomics began as a book, which led to a blog, a documentary film, more books, a pair of pants, and in 2010, a podcast called Freakonomics Radio. Hosted by Stephen J. Dubner, it’s one of the most popular podcasts in the world, with a reputation for storytelling that is both rigorous and entertaining. Its archive of more than 500 episodes is available, for free, on any podcast app, and the show airs weekly on NPR stations. Freakonomics Radio is now the flagship show of the Freakonomics Radio Network, which includes the podcasts No Stupid Questions (est. 2020), People I (Mostly) Admire (2020), and Freakonomics, M.D. (2021).

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