Earlier quoted context omitted.
Gates, Zuckerberg, and Jobs all recognized that the value proposition was not there and moved on. They did not stick it out to receive the graduate/dunce cap just to sooth their sunk cost pangs. Indeed, had they continued with it just because they started, that would be dunce-worthy. Thiel suggests that the "colleges that matter" offer more, e.g. research labs, that bring more to the table. That may justify greater i…
OK on Steve Jobs, but Bill Gates and Mark Zuckerberg were at Harvard. And they decided the value still wasn't there - even with Harvard's "ground breaking things" and "college that matters".
No, they realized that they had a limited time-window opportunity on their hands that has a potential for a lot more value than the degree, as long as they executed on that opportunity well and had a bit of luck.
Neither Gates nor Zuck just dropped out with nothing going on for them, and only then started their respective companies. IIRC Zuck quit because he was busy running Facebook during its explosive growth phase, and he had to make a choice between allocating his time to running FB and school.
Most people who decide to drop out don't have an explosively-growing business on their hands that they have a limited time-window to execute on. And while this is a pure guess, but I don't think Zuck would drop out just because, without something like FB fighting for his time and attention.