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."
On this most sacred day of the Christian faith, a US president who claims to be a Christian issues a threat to a nation of 94 million people, including over 500,000, Christians—threatening to commit war crimes (pursuant to Geneva Convention) against their civilian infrastructure.
"Behold the puerile, B-movie gangster style of his prose and his use of the word “F..kin’”—now the most overused word in the English language and the clearest expression of our degenerate culture.
"Upon seeing this post, I immediately thought of Madison’s reflections on the evil of war.
"The same malignant aspect . . . may be traced in the inequality of fortunes, and the opportunities of fraud, growing out of a state of war, and in the degeneracy of manners and of morals engendered by both.
"On this Easter Sunday, I pray that the innocent civilians of Iran will be spared from the sadistic and demented wrath of “President DONALD J. TRUMP.”
Here's the post
@realDonaldTrump
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This week, the US President gave an apparently delusional update of the Iran conflict. Iran's military is decimated, and it's President is asking for a cease fire, he reported.
Iran's Foreign Ministry spokesman immediately rejected that. State broadcaster IRIB quoted Esmail Baghaei as saying Trump's statements were false and unfounded.
Trump attributed the request for a ceasefire to Iran's "New Regime President."
On the same day, Iranian President Masoud Pezeshkian criticized the US war against his country in an open letter to the people of the United States on Wednesday, calling it an absurd operation that is costly for their nation.
Within hours of Mr. Trump's analysis of a destroyed Iranian military, Iran fired more missiles at Israel and Gulf Arab states, demonstrating Tehran’s continued ability to attack even as US President Donald Trump claimed the threat from the country was nearly eliminated and predicted the war would end soon.
In Mr. Trump's speech to the nation, Paul...
Today's assymetrical warfare: Iran's cheap munitions are taking out American's most expensive aircraft.
One internet observer:
"Iran, still using their pawns, while Israel and the US out there, with only their King n Queen left. Who will fall first?
"5 pawns and a king versus a king and queen in a chess end game, the side with the 8 pawns always wins. 5 pawns is enough. That’s standard.
"In a way, you could call it asymmetrical warfare."