Why the business vanguard believes in fearless failure.

Jean Case is a powerhouse. We’re talking at the Gramercy Tavern restaurant in New York over samples of Bordeaux-style varietals from Early Mountain Vineyards, the Virginia winery she owns with her husband, AOL co-founder Steve Case. But this successful businesswoman- who is CEO of the Case Foundation, president of the National Geographic Society, and spent more than 20 years in marketing and senior management in the technology world—is talking about water, not wine, and failure, not success.

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