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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
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@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    Patrick Collison‏Verified account @patrickc 2 Sep 2019
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    It seems surprising that we don't have more prominent economic indicators that focus on the migration of the most talented young people.

    3:45 PM - 2 Sep 2019
    • 187 Retweets
    • 1,695 Likes
    • Carlos Alcantara aranthawani Ricki Lil Feral Maneesh Alex Brrrrrrr 💥Rohith💥 Isaiah Nields Steve Lourdessamy
    60 replies 187 retweets 1,695 likes
      1. New conversation
      2. Kevin Weil‏ @kevinweil 2 Sep 2019
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        Replying to @patrickc

        how does one identify "talented young people" at the scale of an economic indicator?

        3 replies 0 retweets 29 likes
      3. Patrick Collison‏Verified account @patrickc 2 Sep 2019
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        Replying to @kevinweil

        I don’t know what’s best, but here’s one way! (Source: https://www.amazon.com/Gift-Global-Talent-Migration-Business/dp/1503605027 ….)pic.twitter.com/RUNKX3tr6G

        16 replies 89 retweets 341 likes
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      2. Samo Burja‏ @SamoBurja 2 Sep 2019
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        Replying to @patrickc

        Outlier talent is difficult to quantify.

        2 replies 0 retweets 13 likes
      3. Bonnie Kavoussi‏Verified account @bkavoussi 2 Sep 2019
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        Replying to @SamoBurja @patrickc

        Outlier talent is also not constant in time. Someone might struggle in school and then do genius things later.

        1 reply 1 retweet 19 likes
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      2. James Dyett‏ @dyett 2 Sep 2019
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        Replying to @patrickc

        Agree -- although I worry that identifying a measure for talent could be quite challenging. Educational attainment is a problematic proxy as it will systematically undercount lower income talent (and talent that is not predicated on academic training).

        3 replies 0 retweets 7 likes
      3. Nick Walker‏ @nw3 2 Sep 2019
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        Replying to @dyett @patrickc

        But our economy isn’t good at monetizing lower income talent.

        1 reply 0 retweets 2 likes
      4. 1 more reply
      1. єℓιzαвєтн.ai‏ @ElizabethHunker 2 Sep 2019
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        Replying to @patrickc @howardlindzon

        Just track the growth in concentration of La Marzocco espresso machines in a given zip code.

        0 replies 0 retweets 13 likes
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      1. KK Jain‏ @kkjdotai 2 Sep 2019
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        Replying to @patrickc

        Some criterion for good indicators: 1) simple to measure (parsimony) 2) simple to understand (interpretability) 3) has some predictive power (relevancy)... if someone invented an indicator with these properties, it could be useful.

        0 replies 1 retweet 3 likes
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      1. Martin Permin‏ @purrmin 2 Sep 2019
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        Replying to @patrickc

        All the talented young people joining Stripe's remote engineering hub wouldn't show up anyways. Selection problem.

        0 replies 0 retweets 5 likes
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      1. Jack Cohen  🏡‏ @itsjackcohen 2 Sep 2019
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        Replying to @patrickc

        Related: Bill Bishop's "The Big Sort"

        0 replies 0 retweets 3 likes
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