College gives people learning and also takes away future opportunities by loading the next generation down with debt.
From Peter Thiel
There's absolutely no bubble in technology.
When I was starting out, I followed along the path that seemed to be marked out for me - from high school to college to law school to professional life.
An entrepreneur must deal with more uncertainty than a professional with a well-defined role.
How to teach people to do what hasn't been done is a great riddle.
If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That's why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done.
I spend an awful lot of time just thinking about what is going on in the world and talking to people about that. It's probably one of my default social activities, just getting dinners with friends.
I believe that people are too complacent about technology.
Credentials are critical if you want to do something professional. If you want to become a doctor or lawyer or teacher or professor, there is a credentialing process. But there are a lot of other things where it's not clear they're that important.
You become a great writer by writing.
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