Progress Report: PayPal Founder’s College Dropouts

Alexander Reed Kelly / Truthdig Aug 10, 2012 Facebook investor and PayPal co-founder Peter Thiel gave 24 young would-be entrepreneurs a two-year $100,000 grant each to drop out of college and pursue the business plans of their dreams. One year on, financial returns are in short supply. Dig deeper ( 2 Min. Read )

Greed, Politics and the Impact of Technology

Staff / Truthdig Jul 18, 2012 Two of America's hyper-rich white men met in Aspen, Colo, on Monday night to debate the impact of technology on the globe Eric Schmidt is the chairman of Google and, despite his $69 billion, is accused by his opponent, entrepreneur and Ron Paul bankroller Peter Thiel, of not being a good enough capitalist. Dig deeper ( 1 Min. Read )