 A characteristic flaw in the world view of those inventing a new world is not to understand how this world works until it bites them in the ass. I'm Bill Janeway. I spent some 30 years investing at the venture capital firm Warburg Pincus in the information technology, the software that transformed the world. This course explores the history of economic development through technological innovation using the history of professional venture capital to identify the complementary roles played by the mission-driven state and financial speculation. Any tradeable asset can be the focus of a bubble. FOMO on the next fang, Facebook, Apple, Netflix, Google, the result is the unicorn bubble. We've seen in the realm of such infamous unicorns as Uber and WeWork conflict amongst investors and between investors and the founding entrepreneur, Schumpeter's agent who loses other people's money. Venture capital has been missing in action in clean and green tech and understandably so since the support of a mission-driven state is also missing in action. This course is open and accessible to all who are interested in understanding how we got to this digital revolution and what we will need to do to develop and mobilize the technologies necessary for the next green revolution waiting in the wings. Let's get started exploring how investment at the frontier of technology, the frontier of knowledge actually takes place.