Tag Archives: colleges

Peter Thiel on dropping out of college — [VIDEO]

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American citizens and its universities have experienced an ivy-laden ivory tower for the past half century. Students, however, can no longer assume that a four year degree will be the golden ticket to a good job in a global economy that cares little for their social networking skills and more about what their labor is worth on the global marketplace. — [LINK]

“Peter Thiel may be on to something, but all of our kids just can’t up and quit college à la Bill Gates.”

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Education is a bubble in a classic sense. To call something a bubble, it must be overpriced and there must be an intense belief in it.

Peter Thiel: It’s basically extremely overpriced. People are not getting their money’s worth, objectively, when you do the math. And at the same time it is something that is incredibly intensively believed; there’s this sort of psycho-social component to people … Continue reading

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Don’t let others dissuade you to create a prediction market startup.

MicroSoft’s Steve Ballmer: My parents thought I’d lost my mind to drop out of Stanford Business School to go to a company that makes software. My dad said “what the heck is software?” and my mother said “why the heck … Continue reading

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