Thiel college newspaper Videos

Great episode. Thanks guys for bringing those important issues up. BTW whats the code for paypal shares? I want to buy some. thanks blesses Arek

Yes, but he is expressing the outlook of a profit-minded VC, looking for the one in a million, billion dollar breakthroughs. No place in his outlook for a wonderfully useful lifestyle business for everyday entrepreneurs. So he projects his own bias out onto the entire culture. Facebook is an advertising company. That's boring to any talented creative person unless they make graphic arts for ads. Advertising is a careerist job, mostly. And that's what all the hype is about now. I could care less, as a guy who makes physical objects. No, I do not have to consider myself lowly if I don't want to be the next Facebook. At least I'm not so neurotic and megalomaniacal that I want to live forever, and will be freaked out if those fountain of youth pills fail to arrive. Ugh, what a sad fella, given that Zuckerberg is worth 100X what Thiel is. For Mark, Facebook *is* a lifestyle company. He likes what he does. He's not in it for the money. He likes to solve programing problems and have fun bringing people together. He's not even trying to alter society, as he allows society to do that itself, on its own, using his site.

We live in a capitalistic society & the goal of capitalism is to earn as much money as possible. There are many different ways of doing so both legal & illegal. The legal ways are to innovate, to create services & to create products. The goal is to create stuff which people may want or something that people didn't know that they wanted. In a capitalistic system there will always be poor people, the reason there seems to be more poor people is because of the increase in population. Capitalism works by people finding new niches to exploit & turning a blind eye from any 'problems' whether that be pollution, poverty, low living standards, mass extinctions, inequalities & change in climate. Problems only get 'solved' in a capitalistic system when it's seemed to be a immediate threat or when there is a large ruckus from the masses. Capitalism was okay before but in the information age there needs to be a shift in thinking on how economies/governments are organized & structured. The reason why no one is interested in thinking about changing things (many people are talking about it but no one who has any actual power) is because they don't believe capitalism needs fixing nor do they believe capitalism needs to be changed into a different system/s. In short capitalism is short sighted with only looking to make money for the people who are living the life of luxury at the top of the pyramid whilst the masses are having to deal with the aforementioned issues. Sorry for the long post but I really believe in the subject of needing change that will allow us in present to allow the people in the future to live sustainably with less effects on the environment & on population. 

I'm going to raise what's shared in this video about startup as a question for discussion this afternoon at our online IDEA Startup Workshop. Join us? SmallBizChamberDOTorg