throwaway55-33
Even though the university experience might not have a monetary "return on investment", he chose to pursue it.
Now, it's also worth noting he's on scholarship. Whether that was the deciding factor in his choice to attend we cannot be sure just from what you've told us.
But nontheless he is investing his time at the university when he could be doing plumbing jobs and making money (or, by analogy, working on a startup that a certain VC has an interest in).
If there were an overabundance of available skilled plumbers in every community, the wages might drop.
Needless to say, in any given US community there is often a shortage of available skilled plumbers but rarely a shortage of young people with college degrees.
PayPal, Thiel's claim to fame, had one competitor: X.com. And they merged.
"If we don't alllow web advertising to be unregulated, all good content will be paywalled."
You mean that kind of irrational fearmongering?
Yes. And I think this is important. For example, for cases brought by the FTC, class actions, and other litigation it might be useful.
If a company ignores the Header sent by the user and tracks her anyway, then one could argue the company too has expressed an intent.
The Header is machine readable like any other. A server can parse it and take a specific action based on its presence or absence. Arguably it does have technical merit.
OK, thanks.