51–60 of 98 posts
>And I think it’s interesting to explore how unusual that is relative to many other areas of technology, because there are so many innovations that were good for society but the people who came up with them ended up with very little. Okay, co-founders sometimes end up with a fair amount money. However, early employees that actually built the company are often forgotten and given a relatively small sum of money. Not s…
Earlier quoted context omitted.
"Try to hire people you could become friends with" seems like a really bad idea from the discrimination point of view, since people are most likely to view someone of the same race, age, and gender as a potential friend.
"You try to hire people you could become friends with" is a profoundly stupid maxim. People who come from conservative and religious societies will always be pressured by friends to not make new friends who are of different ethnicities. Thiel is basically ensuring each company Will become a little Island of segregation and this is what I have seen in the bay area: companies that are 90% Indian, 90% Chinese, or 90% wh…
> They’ve done studies at Harvard Business School where they’ve found that the largest cohort always went into the wrong field. So in 1989, they all went to work for Michael Milken, a year or two before he went to jail. They were never interested in Silicon Valley except for 1999, 2000. They're interested in Silicon Valley now. Here's an actual conversation I had recently with a business school student (not verbatim…
Earlier quoted context omitted.
The problem comes when MBAs, generally without technical background, build companies without real value and expand an already existing bubble.
What about MBAs WITH technical backgrounds? Are they allowed to build companies?
Earlier quoted context omitted.
What's wrong with that? IMO wanting to be an entrepreneur is one of the best reasons to start a company :)
Most of these people (not all of whom are MBAs) just want to be bosses, not entrepreneurs. Their goal is to be executives ("big picture guys") shouting orders, not worker bees, but they don't have the social resources to make it happen in an existing company so they drum up some seed funding and hire some engineers (usually, scraping the bottom) and try to kick something together. It doesn't work very often. "I want…
Something I found very interesting was Peter's comment: "You try to hire people you could become friends with." I contrast this with Zuckerberg's approach to only hiring people that he would work for ( http://www.washingtonpost.com/blogs/on-leadership/wp/2015/03... ). It's probably not fair to put these side-by-side due to context, but Peter's approach resonates with me now. Here's how I reconcile this: Peter's "frie…
"Try to hire people you could become friends with" seems like a really bad idea from the discrimination point of view, since people are most likely to view someone of the same race, age, and gender as a potential friend.
Something I found very interesting was Peter's comment: "You try to hire people you could become friends with." I contrast this with Zuckerberg's approach to only hiring people that he would work for ( http://www.washingtonpost.com/blogs/on-leadership/wp/2015/03... ). It's probably not fair to put these side-by-side due to context, but Peter's approach resonates with me now. Here's how I reconcile this: Peter's "frie…
"Try to hire people you could become friends with" seems like a really bad idea from the discrimination point of view, since people are most likely to view someone of the same race, age, and gender as a potential friend.
Earlier quoted context omitted.
"Try to hire people you could become friends with" seems like a really bad idea from the discrimination point of view, since people are most likely to view someone of the same race, age, and gender as a potential friend.
Regardless of gender or ethnicity, if everyone you hire is a 20-something graduate of the same top-10 CS programmes what you get is... Google+ (or Wave or Buzz...) Diversity means you don't get trapped in an echo chamber.
Earlier quoted context omitted.
"Try to hire people you could become friends with" seems like a really bad idea from the discrimination point of view, since people are most likely to view someone of the same race, age, and gender as a potential friend.
"You try to hire people you could become friends with" is a profoundly stupid maxim. People who come from conservative and religious societies will always be pressured by friends to not make new friends who are of different ethnicities. Thiel is basically ensuring each company Will become a little Island of segregation and this is what I have seen in the bay area: companies that are 90% Indian, 90% Chinese, or 90% wh…