Tech Startups Are Yesterday's News Says Peter Thiel

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Mark Melin
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Silicon Valley billionaire Peter Thiel, who financed a floating island community with the goal of creating a Utopian libertarian society, has very different ideas about venture capital “tech” investments as well. In a recent Fortune Magazine article, columnist Roger Parloff observes an investor who wants to shape a new world by reordering its priorities. Peter Thiel on tech sector’s growth Peter Thiel says the historic advances in computer science and mass communications have obfuscated seriously disappointing progress in equally important endeavors in energy, transportation, biotech, disease prevention, and space travel. “In the last 40 years in the technology world, we’ve…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.