Peter Thiel: Silicon Valley’s monopoly on big growth tech companies is over
With the greatest respect for Mr. Thiel and his accomplishments I&#x27;m skeptical.<p>I&#x27;ve travelled the world and my experience is that very few places in the world have America&#x27;s, often irrational, can-do attitude, appetite for new venture risk, and societal acceptance of new venture failure as an important part of the entrepreneurial process.<p>I just don&#x27;t think it&#x27;s that easy to graft these cultural norms to other cultures, let alone replicate the new venture capital, both human and monetary.<p>As someone in London I wouldn&#x27;t be on hacker news to &#x27;keep my finger on the pulse&#x27; if I believed otherwise.