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Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

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Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#11

I find it interesting that those proclaiming that students bypass education (including Tony Hsieh) are products of the top universities.

It's not at all surprising if you consider that it's the expected thing to do for upper-middle class kids. Presumably having gone to those schools also gives them knowledge of what the experience provides and how it did or did not help them start a business. I doubt it's some kind of evil plot to keep kids out of school.

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#14
post #11

I find it interesting that those proclaiming that students bypass education (including Tony Hsieh) are products of the top universities.

It's not at all surprising if you consider that it's the expected thing to do for upper-middle class kids. Presumably having gone to those schools also gives them knowledge of what the experience provides and how it did or did not help them start a business. I doubt it's some kind of evil plot to keep kids out of school.

I'm not sure it's knowledge so much as hope: they didn't have the guts to skip school and just start a business, but they hope someone else will. Whether it'll work or not is an open question, but I would've had more respect if they took that route themselves, rather than paying other kids to do their experiment for them.

(I doubly distrust Thiel in particular on this, because not only did he not take this advice himself, but he also has a decades-long political feud with what he views as the too-liberal political climate in higher education, so would like it to be bypassed, regardless of whether he honestly believes it's a good choice for the kids in question.)

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#15
post #5

my favorite line: "I question how closely education links with entrepreneurship." it doesn't. i think competitive fields or sports (physical or mental) are the best test of an entrepreneur's DNA

One of my investors told a story about a company he invested in because the guys were Navy SEALs, and seems like they'd stick to their guns through the startup life. They caved after a little over a year...

I tend to see a lot of the stick-to-it-tiveness in athletes, but a lot of times I see them doing a bunch of "reps" while essentially spinning their wheels. Good entrepreneurs are a perfect storm of many things, and they rarely start with all the pre-reqs. I think "Know thy self" and having a willingness to keep improving yourself is a big part of being an entrepreneur.

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#16
post #9

It's interesting how angry some people get if you suggest that not everyone needs to follow the traditional educational path.

It's not very surprising at all. People have invested a lot of time and money in it, and each student is worth about $100,000 to a university. So if you speak out against it of course there is going to be a backlash, a) from the people who invested in it and b) from those who profit from it.

They're just talking their book.

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#18
I applaud Thiel for offering this alternative to ambitious students.

What I don't applaud is this myth of the genius college dropout who changes the world. That just doesn't happen enough to make a rule out of it. I think it gives students the wrong idea - especially those whose never managed a business.

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#19
post #4

I find it interesting that those proclaiming that students bypass education (including Tony Hsieh) are products of the top universities.

Also interesting to note that they're generally the product of upper middle class families and probably had a strong financial support system to fall back on if they failed.

Somehow I doubt he's looking to invest in people who would starve to death if their company failed. He asks rhetorically in his response whether college is worth going "a quarter of a million in debt" for, which gives you an idea of who he's talking about when he says college might not be the best choice for everyone.

Re: Peter Thiel: I’m Really Not Crazy; I Just Want to Help Some Kids

#20
post #5

my favorite line: "I question how closely education links with entrepreneurship." it doesn't. i think competitive fields or sports (physical or mental) are the best test of an entrepreneur's DNA

One of my investors told a story about a company he invested in because the guys were Navy SEALs, and seems like they'd stick to their guns through the startup life. They caved after a little over a year... I tend to see a lot of the stick-to-it-tiveness in athletes, but a lot of times I see them doing a bunch of "reps" while essentially spinning their wheels. Good entrepreneurs are a perfect storm of many things, an…

right on about self-awareness for learning/improving. though i like sports as a pyschological indicator because of that too - can't expect to be an awesome basketball player, a great programmer, or an expert chess player if you suck at monitoring yourself and you're not constantly evolving.

no one-size-fits-all obviously like you mention though

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