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Vinod Khosla is a very smart guy, maybe's he's not referrring to the software industry, but do you guys think there is a limit on what hackers can do with "just a bachelors."

This is sort of related to having a technical advantage on your competitors. How can startups that aren't from cutting edge PhD proposals or started by that rare star hacker (Bram Cohen, Wozniak, etc...) have real and sustainable technical advantage?

In the narrow sense you don't need ANY degree to be a brilliant entrepreneur. Having an advantage is independent of school. That's not to say that school is worthless, but "advantage" and "business degree" are not synonymous.

Or is khosla saying every normal person needs to hone further to excel? I think there may be 1% born hackers. Now how will those 99% get on par and get sharper? Education may be the key. I understand it as a general statement

"I actually don't think bachelor's is adequate for anything in today's world."

That guy is arrogant as hell.

Bachelors degree not enough?