Thursday Mar 16, 2023

Lighting the Paper Belt On Fire: a Discussion on the Failure of Traditional Institutions with 1517 Fund’s Michael Patrick Gibson

On today’s episode of Category Visionaries podcast, we speak with Michael Patrick Gibson, co-founder and General Partner of 1517 Fund. In the interview, we cover a wide range of topics, including the recent collapse of Silicon Valley Bank, the failure of paper-based institutions, and the future of science and technology in solving society's biggest challenges.

Key topics discussed:

  • The collapse of Silicon Valley Bank 
  • The current state of banking policy and potential moral hazards created by government bailouts
  • The failure of paper-based institutions, including the "paper belt" on the East Coast, and the need for experts to authenticate and validate their value
  • Peter Thiel's management style and the importance of hiring people who can defend strange ideas in a room full of disagreement
  • The outstanding problems that science and technology can solve, such as energy creation and water scarcity
  • 1517 Fund's investment philosophy, which prioritizes technical know-how and entrepreneurial skills over traditional degrees
  • The importance of emotional intelligence and commitment as motivators for success, over fame and fortune
  • Plans to develop talent through summer programs and apprenticeships, getting teenagers exposed to frontier technology
  • How to pitch ideas to 1517 Fund if you fit their thesis of not having a college degree

Additional Resources: 

https://twitter.com/William_Blake 

Paper Belt on Fire: How Renegade Investors Sparked a Revolt Against the University 

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2022 All rights reserved.

Podcast Powered By Podbean

Version: 20241125