337 karma · joined December 30, 2008
Sad but true.
1) Because of the deluge of college students. Many college educated people get jobs at Best Buy and retail outlets. Some of my high school friends are in situations like that. They assumed they would get a good job out of college, but that's what they get by getting a liberal arts degree and partying for 4 years. A 30,000-40,000 per year tuition, all down the drain.
2) Because a lot of job performance is measured by the market (i.e. startups). Getting a prestigious college degree doesn't necessarily get you the job needed and a lot of times you'll get beaten out by someone at a "less prestigious" school.
3) Many people getting a college, medical, or law degree should realize that if they're not at the top of their class, it's not necessarily guaranteed for them to get a great job. For a less prestigious university, it's even more so the case.
4) All of this will lead college counselors and the next generation of parents to advice people to get the most value for their money: i.e. a good education for a good price (i.e. not going to Harvard for Engineering, etc).
"Well I've got bad news for you. I'm not that rich and I'm not that successful. But I have been around successful people. You see I'm a journalist. If you go to a stadium and you see the crowd doing the wave, there are some people who just sit there watching. Those people are journalists. We lead boring lives while hanging around people who lead interesting lives.
And I've observed a few things about the few really great people I've had a chance to meet and cover. First, they tend to have really big heads. As someone once said, what they have doesn't look like a head. It looks like a container for a head. They also can't sit still. They need to be around people. You and I require sleep. They require people."
He's even more bullish on the Valley. "We have this leverage finance bubble like we had in the '20s, and there's an argument that we're headed to something comparable to the '30s," he says. "Where was the best place to be in the '30s? Probably Los Angeles. It was the hub of new media and technology, with the radio and the airplane. Silicon Valley is the L.A. of the 1930s.
I kid because I love exclamation QuEsTiOn mArK
http://www.forbes.com/entrepreneurs/2008/11/21/entrepreneur-...
http://www.forbes.com/entrepreneurs/2008/12/02/turner-gates-...
Having the support of the community within the bay area is just one less headache to deal with in conjunction with the many headaches of doing a startup.