Class –

We will not be having a class this week!! I had to go out of town on today and I won’t be returning until Thursday.

In place of class, I want you to read a portion of Peter Thiel’s new book, Zero to One. Peter Thiel founder PayPal and then went on to start Palantir Technologies where he is the largest shareholder (and the company is valued at more than $20B - Palantir_Technologies ) In addition, Peter was the first institutional investor in Facebook and turned a $500K investment into well over $1B.

You will see that Peter Thiel is very opinionated but I like how he is very strong on his opinions.

Peter also created and runs the Thiel Fellowship (ThieFellowship.org). Each year, he offers 20 young entrepreneurs (under the age of 23) $100,000 dollars over two years to work on their business idea. Part of the rules of accepting his $100K is that entrepreneurs have to drop out of school. His whole idea is that young people see the world differently and can take chances that older people won’t or can’t take, and great ideas can’t wait until you finish school.

Read this attachment and I will send out an assignment from this and some other things in place of a MIDTERM EXAM. I will get this together before Wednesday and it will be due before class next Tuesday (Nov. 7).

Have a good week and great Halloween too!!

Ben