This is just fraught with assumptions, generalizations, and misinformation. I have an MBA and degrees in Computer Science and have worked as a programmer so I

This is just fraught with assumptions, generalizations, and misinformation. I have an MBA and degrees in Computer Science and have worked as a programmer so I know both sides, and this is what it boils down to: how much an MBA can help you really depends upon what kind of business you are in, and of course, the value of the potential hire. If you are running an internet startup there is probably not a whole lot an MBA can do for you that you can't do yourself. However if you are running a more conventional business that requires sourcing, operations, marketing, statistical analysis, etc., an MBA can absolutely be the difference between success and failure. There is a reason Tim Cook is the CEO of Apple- he is an operations expert, and Apple is largely a business built on outstanding operations and sourcing. Companies like Wal-Mart aren't as widely discussed as the Facebook's of the world, but the reality is that the Wal-Mart's do a whole lot more to improve our daily lives, and are far more difficult to run. Then again, Sheryl Sandburg and Mark Pincus are both Harvard MBA's, so maybe there is some value there as well. So I would advise people to never bucket a group of people on something as vague as "he has an MBA, he brings no value." I think a lot of the comments Peter Thiel makes about education are cavalier and show a general bubble mentality that shows that he doesn't seem to realize that there is an entire economy outside the valley that makes our lives better without the recognition or star power. I get it, he's extremely smart and has made a boatload of cash through savvy investments. That alone does not make him authority on every subject though, so it irks me a bit when people quote him as if his word is law without much examination.