Billionaire Peter Thiel: Starting a Business and Education

An interview with billionaire investor and author of Zero to One, Peter Thiel. In this interview Peter discusses what characteristics a business should aim for and why it is better to have a monopoly instead of intense competition. Peter also talks about higher education, the future of technology and the meaning of life.

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Other great Venture Capitalists videos:⬇

Marc Andreessen: Venture Capital Investment Philosophy:http://bit.ly/MAndreessenVid1

Billionaire Chris Sacca on Investing, Venture Capital and Life:http://bit.ly/CSaccaVid1

Billionaire Peter Thiel on Entrepreneurship, Innovation and Competition: http://bit.ly/PTheilVid1

Video Segments:
0:00 Introduction
1:30 Horizontal and vertical progress
2:09 Techology matters more than globalisation
3:06 We have to invent in new things
4:30 Civilisation must advance
5:12 It’s better to risk boldness than to be trivial
7:03 Competitive markets destroy profits
7:43 There are only two types of business
9:13 Analysis of Ford and GM
11:05 Thinking of brand as an investor
12:17 Focus on your product
13:34 Must a company have sales and distribution before you would invest?
14:22 A bad plan is better than no plan
15:31 Do you plan ahead?
16:32 Could the 24 year old peter thiel established the goal of you now?
17:04 Isnt the advancement of computers enough?
20:02 Slow growth and stagnation
21:48 Are you like Ronald Reagan?
22:07 Education in a bubble
25:22 How will the bubble pop?
26:58 Advice for 18 year old Peter Thiel
27:47 The alternatives to University will take what form?
28:47 What went wrong with the government?
30:47 Private v public money
32:39 If we could roll back regulation, would the economy recover fast?
34:10 Should every bright student turn there back on the system?
35:20 Teach for America
35:35 New York v Silicon Valley
36:28 New York trying to be like Silicon Valley
37:37 Computers are complements for humans
39:59 Free will
40:43 The meaning of life
43:40 Happiness

Interview Date: 23rd October, 2014
Event: Uncommon Knowledge
Original Image Source:http://bit.ly/PThielPic

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Saudi blockade on Qatar sabotages multi-billion dollar camel business

Saudi blockade on Qatar sabotages multi-billion dollar camel business

A rescue mission is underway in Qatar after thousands of camels were expelled from Saudi Arabia due to the ongoing blockade.

Supplies of feedstock and water have been rushed to the border. Camel owners say some animals have died and others are distressed and injured.

Al Jazeera’s Tony Birtley reports on how the expulsion will not only hit Qatari camel owners financially but also Saudis.

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George Clooney Just Sold His Tequila Business For Up To $1 Billion | The Bottom Line | CNBC

George Clooney is selling his tequila company Casamigos to Diageo for as much as billion.
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George Clooney Just Sold His Tequila Business For Up To Billion | The Bottom Line | CNBC

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