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thijsniks's profile
Thijs Niks
Thijs Niks
Thijs Niks
@thijsniks

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Thijs Niks

@thijsniks

Product Manager for ☎️ at @WhatsApp / ❤️ retweets

San Francisco, CA
thijs.niks.nu
Joined February 2009

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    1. Sam Altman‏Verified account @sama 1 Aug 2020

      Giving capital to promising people “too early” in their career is a great idea with much further to go, and the power law provides an interesting way to finance it.

      35 replies 157 retweets 1,195 likes
      Show this thread
      Thijs Niks‏ @thijsniks 1 Aug 2020
      Replying to @sama

      Isn’t this what the Netherlands, Denmark, etc already do with free or even paid higher education combined with a progressive income tax? Sure, it’s 4-8 years of study instead of 1 year do anything, but plenty of folks take that freedom to start something.

      3:14 PM - 1 Aug 2020
      • 19 Likes
      • ... Jerome Rousselot Shahid Maqbool Mike Alcazaren Joshua Conner Carl Hasselskog Sohil Gupta
      2 replies 0 retweets 19 likes
        1. New conversation
        2. Marlo, Pro-Vaccine, Anti-Mask, Augustus‏ @achalaugustine 1 Aug 2020
          Replying to @thijsniks @sama

          The main difference is that private investors care about what students learn and only invest in education that pays back or useful for society. Free gov education has no incentive to provide useful education. Reading poetry for 4 years may be OK for Gov money...

          1 reply 0 retweets 2 likes
        3. Thijs Niks‏ @thijsniks 1 Aug 2020
          Replying to @achalaugustine @sama

          Isn’t that better though? VCs are only able to invest in economically viable development whereas governments can invest in culturally viable development?

          1 reply 0 retweets 2 likes
        4. Show replies
        1. New conversation
        2. Nicholas Szerman‏ @nicszerman 1 Aug 2020
          Replying to @thijsniks @sama

          No because in Sam’s idea the people are chosen. Big difference in incentives.

          1 reply 0 retweets 0 likes
        3. Thijs Niks‏ @thijsniks 1 Aug 2020
          Replying to @nicszerman @sama

          Thijs Niks Retweeted Sam Altman

          How does one “choose” 100.000 people? And how is that different from college admission? https://twitter.com/sama/status/1289609928382922752?s=21 …https://twitter.com/sama/status/1289609928382922752 …

          Thijs Niks added,

          Sam AltmanVerified account @sama
          YC is a great example. You can imagine taking that further—giving $25k to the smartest and most determined 100,000 people you can find each year to work on whatever they want, in exchange for the right to invest in their next startup. A country could make the economics work.
          Show this thread
          0 replies 0 retweets 1 like
        4. End of conversation

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