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Non-Tech : Kirk's Market Thoughts

COHR 177.38

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Dec 4 3:59 PM EST

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To: Chip McVickar who wrote (2207)	10/30/2014 2:31:47 PM
From: Kirk ©	3 Recommendations Recommended By Chip McVickar Felix4tune Gottfried Read Replies (3) of 26687

The impact on education will be huge but it might not be as big as we think. It still takes motivation for people to get ahead but it also takes contacts the very elite make in their elite schools. A lot of us have had great ideas that large companies were able to benefit from but I think it takes personal contacts and something very special to turn an idea into a successful company. Hell, I know as I sure tried when I left HP in 1998 to attempt what Zuckerberg accomplished but I was not successful... I did it with some Canadians who were trying to do their own Silicon Valley until they gave up, sold out and retired. Timer Digest wrote a bit about it in this article: Oct 28 Timer Digest Features Kirk Lindstrom's Investment Letter on its Cover The article also mentions classes I took at Stanford while working. An example would be the changes coming to Universities and on line educational approaches. That will be a significant change and available to many of the dispersed peoples carving to better themselves. Your comments brought back memories of how HP paid for a microwave link between our factory/office and Stanford so some of us could take classes without having to drive to Stanford. When we worked in Palo Alto, it was really fun to take classes on Campus and be part of the life with Student Season Tickets for football... Yeah, we actually built chips in San Jose during the 1980s and 1990s before Jerome's political allies made the cost too high (9.5% sales tax on a $1B chip fab equipment plus annual property taxes on the equipment) but that is a whole different issue! That link allowed us to take classes we needed to do really well at HP but we didn't make contacts outside HP since there was only a handful of us taking the classes and we mostly all worked together already. Anyway, taking classes via internet or microwave will NEVER REPLACE the connections one makes at the smaller, top schools like Harvard and Stanford you make in person. I wonder if Gates, Brin, Paige and Zuckerberg would have had the success without the contacts they made at those top schools, say if they took classes via microwave (or internet) rather than in person?

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