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...So, here is my challenge to you: Why don’t you put your money and energy behind your convictions?... I am just another internet commenter, so take what I sa
by DanielBMarkham 15y ago
...So, here is my challenge to you: Why don’t you put your money and energy behind your convictions?...
I am just another internet commenter, so take what I say with a grain of salt. All I'm doing is repeating what I've read and heard.
But if I had a nickel for every time somebody suggested that you could start with the end goal in mind, then somehow invent your way there, I'd have several dollars.
The more general your investment strategy, the more likely you will find something that works. So at the most general, say some kind of web app or service, you still have only a 1-in-10 or 1-in-20 chance of hitting anything. And that's with all the other variables stacked your way.
This isn't a magic trick. Just because Thiel has done so well in many areas doesn't mean you can point him at a random problem and expect something useful. If you're a guy who wants to fund new startups in solar-powered mobile education, good luck! You're going to need it. You've already constrained yourself to unimaginably high odds without even getting started.
I used to see this same kind of reasoning applied to landing on the moon. For years, whenever there was a tough problem, some yahoo would come out of the woodwork and say something like "If we could put a man on the moon, surely we can do X" And you could put whatever you wanted into X.
As it turns out, there are a lot of Xes which we cannot solve, no matter how many men walked on the moon. And looking back, even putting them on the moon was a lot tougher than we thought. We managed to work out the tech and lost the will to continue the mission. Not all impossible obstacles are technology-related.</rant>
I'm sure the author meant well, and his call for folks to help out education is a good one. We need all the help we can get. That kind of rhetoric is just a pet peeve of mine.