Innovation and progress requires experimentation -- trial and error. Unfortunately, for entrepreneurs with ideas for "startup countries," there's no way for them to experiment. It's not like the software industry where all you need is a laptop.
"How to Start a Venture Capital Firm." A Skillshare class... taught by a 21-year-old college dropout! Not even a Harvard-dropout, a small-liberal-arts-college-with-a-mediocre-reputation-in-upstate-New-York-dropout. I was skeptical but intrigued.
Peter Thiel has drawn much attention for arguing that higher education is a "bubble" along the lines of the housing market and tech stocks because "people are not getting their money's worth, basically, when you do the math."
When it works well, our higher education sector offers a wide range of choices to students who hope to build on their education in different ways. This is great American resource to be protected and cultivated.
When most people hear about a college-aged kid skipping college, they aren't reminded of Bill Gates or Mark Zuckerberg. They think of an aimless eighteen-year-old who sleeps the day away and lacks real purpose.
A four-year degree program is certainly not a good a fit for everyone, and we clearly need a broader array of high-quality postsecondary options. Unfortunately, Thiel's provocative brainchild does nothing to inform this debate.
For the sixth annual Summit Series, an invite-only gathering of elite entrepreneurs held earlier this month, 1,000 attendees paid $3,500 each to board a 14-story ocean liner for a three-day cruise in the Caribbean.