On Medici and Thiel
If kids are reading this, depending on who you are, college is probably still worthwhile right now, but 5 years from now, I expect things will be quite different. Peter Thiel has run a really interesting experiment with his Thiel Fellows program whose graduates (including Ethereum founder Vitalik Buterin) have done far better than university propon... See more
Ben Horowitz • The Architecture of Tomorrow: An Interview With Ben Horowitz
In a world where there are many wealthy people, then, and many more types of wealthy people, there are also more idea machines, and a more liquid idea marketplace. If you’re an “idea operator”, instead of having to beg one of two funders to take your idea seriously, you now have many more potential options to shop around to.
Nadia Asparouhova • Idea Machines
With a more decentralized structure, modern idea machines can “arm the rebels” right where they are, instead of hiring them into a foundation. The popularity of so-called regrantor programs (i.e. scout programs) reflects this trend, where talented individuals are given funding to make grants on behalf of the grantmaking organization.
Nadia Asparouhova • Idea Machines
what could be a more appropriate reward for two decades of résumé-building than a seemingly elite, process-oriented career that promises to “keep options open”?