Faster horses, teleportation, and Japanese toilets In this episode's material, teleportation names one of three types of innovation in the framework Nabeel Hyatt borrows from Rory Sutherland. It's the grand, obvious dream — something everyone wants, like Cruise and self-driving cars — but where nobody yet knows how to get there. Nabeel places it alongside the other two categories: faster horses (incremental improvement, where most venture funding flows and most of it gets 'arbitraged out of existence' within four years) and Japanese toilets (the thing you didn't know you needed until you experienced it, subtle and hard to execute).For Nabeel, teleportation bets are not the hunting ground: he says he is 'looking for mostly new experiences — things that surprise you with the place that they're playing,' with Granola as his canonical Japanese-toilets example.