Top-down hierarchies suck the fun and creativity out of organizations and a quick, bad decision is often better than a slow, good one. That’s the belief of Jason Trost the Founder and CEO of Smarkets, one of the world’s largest betting exchanges. He talks to John and Cynthia about the value of political capital, the necessity of risk, and how teaching people to teach themselves is at the core of his start-up’s culture.