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TSI Conference 2009 - Peter Thiel

Thiel Talks

00:00

The Future of Biotech

I think we may be close to a point where it is possible for people to start biotech companies who do not have PhDs or MBAs. For 30 years, they run an industry where people have on the whole returned no money to investors. And so I think at this point enough information out there that people can learn on the internet that you can have. You can have people start very successful companies who don't necessarily have all the right credentials.

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