Puerto Rico, more than a tropical paradise, the island is a fast growing hub for innovators

with tax incentives, world-class talent, and a thriving entrepreneurial ecosystem.

Visit investpr.org today.

Game changers, welcome home.

Hi there, I'm Azim Azar, and this is the Exponential View Podcast.

They promised us flying cars, and we got 140 characters.

That was a bold claim by the prominent and controversial tech investor, Peter Teal,

bemoaning the lack of innovation back a decade ago.

There was something about the flying car that seems alluring.

It's the freedom of mobility, but in three dimensions,

and it's no surprise that such vehicles have featured

in fiction from the Jetsons to Star Wars and, of course, back to the future and many, many others.

About six or seven years ago, entrepreneurs started to found a series of companies

that were going to tackle flying cars, and back then, I was a bit skeptical.

I was skeptical about the market opportunity.

I was skeptical about how useful these vehicles would be,

would they help tackle the key social and political crises of the time?

That is a climate change and, of course, inequality.

And I was skeptical about the economics, would we ever build these things cheaply enough,

at least in a time frame that mattered for today?

But as listeners know, I always like to revisit my priors.

The flying car firms are, well, flying, at least from an investment perspective,

...