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Friday, November 07, 2014

The campaign for death relief

The campaign for death relief: "When I visited the Web Summit for the first time, this week, I was struck by how much the tech start-ups pitching for business looked like on-course bookmakers at a racetrack. They had the same narrow stands, with just enough room for a display board including names and logos. They also had satchels – at least metaphorically – in which to stuff the money of anyone who wanted to place a bet with them.
The big difference from actual bookmakers is that each of them was itself a horse. And the trick for investors was to guess which of these horses – some very dark – might emerge from this year’s field of 2,160 and become the next Google.
I didn’t notice any start-up offering the prospect of eternal life. Yet that is, generally speaking, one of the big potential growth areas for entrepreneurs – at least according to Peter Thiel, a star speaker at the summit. And he should know.
Thiel has backed many of the most successful horses of recent times. He set up Paypal, took an early share in Facebook, and presides over an investment company with $2 billion assets. But as well being very rich, and having a talent for identifying businesses that will make him even richer, he is also a philanthropist, contrarian, and deep thinker, who expects more from investments than mere money."



'via Blog this'

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