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I am underwhelmed by this presentation. It feels pretty shallow and spontaneous. The advice on how to spot a promising team seemed fair, whereas the run down of

by kmonad 11y ago

I am underwhelmed by this presentation. It feels pretty shallow and spontaneous. The advice on how to spot a promising team seemed fair, whereas the run down of Japan's economy was cringy to say the least. Question #1 was simply great though: ...you cannot go and just copy stuff." Q: Are you not just copying LinkedIn here in China?

wozniacki 11y ago
Perhaps this will quench your thirst, A Peter Thiel and Marc Andreessen debate from a different forum, the Milken Institute.[1] Some profound insights in there. [1] Copy of In Tech We Trust? A Debate with Peter Thiel and Marc Andreessen https://www.youtube.com/watch?v=VtZbWnIALeE https://www.youtube.com/watch?v=VtZbWnIALeE edit: Appended
- rdl 11y ago
  Yeah, the pmarca/thiel one was dramatically more interesting.
- cma 11y ago
  Over and over Thiel cites wages, mean wages, stagnating during the period while Andreessen counters with GDP growing. Both are true. Women entered the broader workforce en masse. Wages were down because of oversupply of labor, nearly doubling the workforce without doubling consumption. Thiel really comes off dishonest, trying to make a big deal that it wasn't just median wages, mean wages stagnated--as if that proves it wasn't just a change in wealth distribution. In actuality, there was a change in wealth distribution and median wages fell and mean wages stagnated, and the economy still grew because "wages" ignores people who aren't employed (or seeking employment?), and a hell of a lot more people became employeed during the time period. Really one of the most frustrating talks I've watched.
eli_gottlieb 11y ago
Meh, try the Thiel vs Graeber debate: http://thebaffler.com/videos/graeber-thiel#.VdnQA7O37tQ http://thebaffler.com/videos/graeber-thiel#.VdnQA7O37tQ
samstave 11y ago
...you cannot go and just copy stuff. And not to mention thats pretty much the growth model of China's entire economy

by kmonad 11y ago

wozniacki 11y ago

Perhaps this will quench your thirst, A Peter Thiel and Marc Andreessen debate from a different forum, the Milken Institute.[1] Some profound insights in there. [1] Copy of In Tech We Trust? A Debate with Peter Thiel and Marc Andreessen https://www.youtube.com/watch?v=VtZbWnIALeE https://www.youtube.com/watch?v=VtZbWnIALeE edit: Appended

rdl 11y ago
Yeah, the pmarca/thiel one was dramatically more interesting.
cma 11y ago
Over and over Thiel cites wages, mean wages, stagnating during the period while Andreessen counters with GDP growing. Both are true. Women entered the broader workforce en masse. Wages were down because of oversupply of labor, nearly doubling the workforce without doubling consumption. Thiel really comes off dishonest, trying to make a big deal that it wasn't just median wages, mean wages stagnated--as if that proves it wasn't just a change in wealth distribution. In actuality, there was a change in wealth distribution and median wages fell and mean wages stagnated, and the economy still grew because "wages" ignores people who aren't employed (or seeking employment?), and a hell of a lot more people became employeed during the time period. Really one of the most frustrating talks I've watched.

eli_gottlieb 11y ago

Meh, try the Thiel vs Graeber debate: http://thebaffler.com/videos/graeber-thiel#.VdnQA7O37tQ http://thebaffler.com/videos/graeber-thiel#.VdnQA7O37tQ

samstave 11y ago

...you cannot go and just copy stuff. And not to mention thats pretty much the growth model of China's entire economy