Sponsored message
Audience-funded nonprofit news
radio tower icon laist logo
Next Up:
0:00
0:00
Subscribe
  • Listen Now Playing Listen
NPR News

When A Project Fails, Should The Workers Get A Bonus?

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.

Listen 12:29
Listen to the Story

Part 1 of the TED Radio Hour episode Failure Is An Option

About Astro Teller's TED Talk

Entrepreneur Astro Teller rewards colleagues when their ambitious projects fail. Teller says this helps people take risks so they can achieve their "moonshot" goals, like a balloon-powered internet.

About Astro Teller

Astro Teller oversees X, a "moonshot" factory for building audacious ideas that can solve concrete problems for millions of people through technology.

Teller is on the board of several businesses including AI­-based hedge fund Cerebellum Capital, Inc., and Flux.io, a startup reinventing how buildings are designed and built. He is also the author of two novels.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.

Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.

If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.

Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief

Make your tax-deductible donation today

A row of graphics payment types: Visa, MasterCard, Apple Pay and PayPal, and  below a lock with Secure Payment text to the right