Instead of working for years to build a new product, indefinite - TopicsExpress



          

Instead of working for years to build a new product, indefinite optimists rearrange already- invented ones. Bankers make money by rearranging the capital structures of already existing companies. Lawyers resolve disputes over old things or help other people structure their affairs. And private equity investors and management consultants don’t start new businesses; they squeeze extra efficiency from old ones with incessant procedural optimizations. It’s no surprise that these fields all attract disproportionate numbers of high- achieving Ivy League optionality chasers; what could be a more appropriate reward for two decades of résumé- building than a seemingly elite, process- oriented career that promises to “keep options open”? Peter Thiel
Posted on: Wed, 15 Oct 2014 07:56:35 +0000

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