Reform the broken system by leaving it behind and creating something better.
In 2011, Peter Thiel launched a controversial education program to pay college students $100,000 to drop out. To drop out and do what? Not look for a job. But to work full time on new startup businesses.
Thiel Fellows have created eleven startups valued at $1 billion or more.
The most notable Thiel fellow to date is Vitalik Buterin, co-founder of the Ethereum blockchain. As of this writing, Ethereum has a market capitalization of about $200 billion and has spawned an unprecedented ecosystem of decentralized software development. There are nearly 7,000 Ethereum-based projects, including some of the most innovative and promising ideas today.
Austin Russel, a 2013 Thiel fellow, took Luminar Technologies Inc. public in 2020, valuing the company at $8.5 billion, while Paul Gu helped Upstart go public at a $4.8 billion valuation. Both Russell and Gu were early Thiel fellows and co-founders of their respective companies. Dylan Field agreed to sell Figma Inc., the influential design company he co-founded, to Adobe Inc. last year for roughly $20 billion.
Concludes Bloomberg, "The results of the Thiel Fellowship demonstrate that colleges likely block or delay the success of the most promising students."
...there was a sober silence in the room. Samuel Adams, a key figure in the American Revolution and a signer of the Declaration of Independence, spoke up to say,
“We have this day restored the Sovereign to Whom all men ought to be obedient. He reigns in heaven and from the rising to the setting of the sun, let His kingdom come.”
Colonel Douglas MacGregor predicts a continuation of the Iran war soon, once all sides have replenished missile stocks.
"Washington’s political class manifests much less regard for the long-term strategic interests of its own citizens—their security and prosperity. As a result, Washington pays an exorbitant price in reputation and treasure for policies that confront Palestinians with the choice of death or expulsion from their homelands.
"Assumptions of tacit acceptance or rapid capitulation are implicit and dangerous.
[The Muslims will not 'do a deal.']
"When Hitler was briefed on the expected Soviet reaction to Operation Barbarossa, Major General Ernst Koestring, a Prussian officer fluent in Russian from a family that had lived in Moscow since the reign of Catherine the Great, advised: “Initially, German forces will advance rapidly. The various peoples on the Soviet periphery will likely welcome the German forces. Resistance will be weak. But when the Germans advance into ...