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Is Stanford Too Close To Silicon Valley?
nicholast writes "The New Yorker has a story by Ken Auletta about the connections between Stanford and Silicon Valley. The piece explains how important the university is to tech companies and venture capital firms, but it also questions whether Stanford has become too focused on wealth. 'It's an atmosphere that can be toxic to the mission of the university as a place of refuge, contemplation, and investigation for its own sake,' says one professor. The piece also explains Stanford's conflicted thoughts about distance education, which could transform the university or prove to be a threat to it."
So next time you meet Mensa member be sure to ask them how their investment club is doing.
If someone is passing you on the right, you are an asshole for driving in the wrong lane.
Stanford has become more like that. Some of this comes from a big organizational change.
I went through Stanford in the 1980s. (MSCS, 1985). Stanford hadn't really started operating innovation as a profit center at that time. Their biggest revenue patent was the one for FM music synthesis, the technology used by electronic keyboards before sampling. There's been much financial progress since then.
In 1991, Stanford spun off the management of its endowment to the http://www.smc.stanford.edu/">Stanford Management Company. Many universities have an organization to manage their endowment, but Stanford's is more active than most. SMC isn't on campus. It's located on Sand Hill Road, next to the famous office park where all the major venture capitalists have offices. SMC invests in venture capital firms, and this has worked out very well. Stanford directly owns part of Google, part of Cisco, part of Sun, part of Facebook... Stanford has $27 billion in investment assets. (Harvard is still ahead, at $32 billion, but Stanford is catching up.)
Arguably, Stanford is a venture capital firm which runs a school on the side for the tax break.
Invariably the person will not have solved the problem themselves - they're simply repeating an interesting problem that they read about some time in the past. Oftentimes they read that it makes for a good interview question.
You handle this by exclaiming "you like puzzles? That's great! I love puzzles too, here's one for you..." and then give the simplest, least obvious, most vexing conundrum you have. Look this up ahead of time so you have one ready to use.
Let them sputter and hem and haw for a minute, then give them another one. "Or how about this one - it's one of my favourites!"
Depending on how trashed you think the interview is (from when the manager burst in the first time), you can turn the screws a little. If you're not getting the job anyway, you can reverse it so that it seems like you don't *want* the job because no one else in the company can pass *your* puzzle requirements. "Oh, I thought you had a lot of bright, motivated, self-starting individuals. That's what the job requirements said you wanted...".
I keep a Chinese block puzzle in my pocket for just such occasions.
No interviewing manager has ever had the guts to refuse my puzzle after asking their pet puzzle question, and I have yet to find one who was any good at puzzles.
Oh, and I also got a lot of job offers.
It's not that Stanford is too focused on Silicon Valley. It's that Silicon Valley is too focused on Stanford.
As an outsider to the valley, I find it pretty creepy how obsessed everyone is about Stanford and Stanford grads. It's as if, when one of them walks in the room, I'm supposed to cream my jeans over his very presence. Sure, some of them are smart, but so are some east coast state school graduates, community college graduates, and non-college-grads. I don't quite understand the "oooooooh Staaaaaaanford!" aura.
It's also pretty shitty that "Went to Stanford" is often an un-spoken, "soft" job requirement for more than a few valley tech companies.
Exactly. Consensus hiring is Stanford voodoo clubhouse bullshit too - "we all thought you were awesome, but Arnie here wants to hire the girl with big tits who is almost as good as you, so...see you later!"
I live in Silicon Valley and most of the recent Stanford grads I meet are like West Coast Romneys: legacy kids, well-heeled by their own rich parents and friends, and already assured of that new 5-series or a spot at the VC table, no matter how stupid the idea is (paying 1 billion for Instagram...).
Yeah - I resent the hell out of the culture here. It's gone from what you know to who you know in 20 years. Now, instead of building things in Silicon Valley, we just reinvent the same scams to fleece money from consumers - thanks in part to your Stanford MBAs.