Let’s Not Lose the Next Mark Zuckerberg

Mark Zuckerberg

Mark Zuckerberg was born and raised in Westchester County, New York. His parents, Dr. Edward Zuckerberg D.D.S. and his wife Karen, a psychiatrist, live in the same home in Dobbs Ferry they bought in 1981. So why did Mark feel the need to build Facebook in Silicon Valley and not in New York? And what policies can we implement to encourage the next Mark Zuckerberg to build her or his company in New York?
The first thing that we need to understand is that when Mark Zuckerberg was about eleven, his parents hired a computer tutor, a software developer named David Newman, who came to the house once a week to work with Mark. “He was a prodigy,” Newman told The New Yorker writer Jose Antonio Vargasme. “Sometimes it was tough to stay ahead of him.” (Newman lost track of Zuckerberg and was stunned when he learned from the interview that his former pupil had built Facebook.) Soon thereafter, Mark started taking a graduate computer course every Thursday night at nearby Mercy College.
The fact that Zuckerberg’s parents hired a computer tutor and paid for graduate computer course tells us that we need to look beyond the individual. As Malcolm Gladwell wrote in Outliers which The New York Times printed the first chapter:
[Y]ou couldn’t understand why someone was healthy if all you did was think about their individual choices or actions in isolation. You had to look beyond the individual. You had to understand what culture they were a part of, and who their friends and families were, and what town in Italy their family came from. You had to appreciate the idea that community — the values of the world we inhabit and the people we surround ourselves with — has a profound effect on who we are. The value of an outlier was that it forced you to look a little harder and dig little deeper than you normally would to make sense of the world. And if you did, you could learn something from the outlier that could use to help everyone else.
In Outliers, I want to do for our understanding of success what Stewart Wolf did for our understanding of health.

Otliers
Steph Curry on Malcolm Gladwell
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Bitcoins & Blockchains with Cisco’s Robert Greenfield IV

Robert T. Greenfield IV

Robert Thomas Greenfield IV is a software engineer at Cisco. He is also a Certified Bitcoin Professional and the Blockchain Curriculum Lead at StreetCode Academy. He graduated from the University of Michigan with a BS in Industrial Engineering and is a director at the African American Community Services Agency. We are both members of Alpha Phi Alpha Fraternity, Inc. Visit his website at robtg4.co.

Terrance Jackson: Bitcoin which is a cryptocurrency or digital currency based on blockchain technology. It has tripled its value since the beginning of the year. What exactly are bitcoins and blockchains?
Robert Greenfield IV: “Bitcoin” is the blockchain environment and broader development community that supports the transactions of “bitcoin” or “BTC,” which is the digital currency that introduced Blockchain technology to the world and solved the problem of “double spending,” or copying digital money. The terminology is commonly mixed up in broader conversations around speculative investment and technology.

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Solving Big Problems: Innovation is Not Creativity

What happened to the future?

What Happened to the Future? is the title of the manifesto of the Founders Fund. The subtitle is “We Wanted Flying Cars, Instead We Got 140 Characters.” Jason Pontin in the MIT Technology Review wrote an article entitled “Why We Can’t Solve Big Problems:”
[B]ig problems that people had imagined technology would solve, such as hunger, poverty, malaria, climate change, cancer, and the diseases of old age, have come to seem intractably hard….
Max Levchin, [a] cofounder of PayPal, says, “I feel like we should be aiming higher. The founders of a number of startups I encounter have no real intent of getting anywhere huge … There’s an awful lot of effort being expended that is just never going to result in meaningful, disruptive innovation.”

Juicero

The idea that “there’s an awful lot of effort being expended that is just never going to result in meaningful, disruptive innovation” is brought to life in a Guardian article by Ben Tarnoff, “America has become so anti-innovation – it’s economic suicide:”
Juicero made the perfect punchline: a celebrated startup that had received a fawning profile from the New York Times and $120m in funding from blue-chip VCs such as Kleiner Perkins Caufield & Byers and Google Ventures was selling an expensive way to automate something you could do faster for free. It was, in any meaningful sense of the word, a scam.
Juicero is hilarious. But it also reflects a deeply unfunny truth about Silicon Valley, and our economy more broadly. Juicero is not, as its apologists at Voxclaim, an anomaly in an otherwise innovative investment climate. On the contrary: it’s yet another example of how profoundly anti-innovation America has become.

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Why is the U.S. One of the Most Unequal Countries on the Planet?

One key factor is a fundamental shift in nature of the economy.

Steve Denning’s Forbes article, “Roger Martin: How ‘The Talent’ Turned Into Vampires” also sheds light on why we need to rethink our education paradigms:
How did America—a country dedicated to the proposition that all men are created equal—become one of the most unequal countries on the planet? Why do the nation’s leaders now spend so much of their time feeding at the trough and getting ever more for themselves? Why has public-mindedness in our leaders given way in so many instances to limitless greed?
These questions are being raised, not in some anti-capitalist rag from the extreme Left, but in the staid pro-business pages of the Harvard Business Review, in a seminal article by Roger Martin, the former dean of the Rotman School of Business and the academic director of the Martin Prosperity Institute: “The Rise and (Likely) Fall of the Talent Economy.
One key factor, argues Martin, is a fundamental shift in nature of the economy. Fifty years ago, “72% of the top 50 U.S. companies by market capitalization still owed their positions to the control and exploitation of natural resources.” But in the latter part of the 20th century, a new kind of organization began to emerge: an organization that prospered not by natural resources but through “the control and exploitation of human talent.”
“By 2013 more than half of the top 50 companies were talent-based, including three of the four biggest: Apple, Microsoft, and Google. (The other one was ExxonMobil.) Only 10 owed their position on the list to the ownership of resources. Over the past 50 years the U.S. economy has shifted from financing the exploitation of natural resources to making the most of human talent.”
This inequality is also addressed in a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, by Peter Temin, an economist from MIT. Temin argues that, following decades of growing inequality, America is now left with what is more or less a two-class system: One small, predominantly white upper class that wields a disproportionate share of money, power, and political influence and a much larger, minority-heavy (but still mostly white) lower class that is all too frequently subject to the first group’s whims.

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Dear Mr. Man… The Documentary

All of history’s greatest figures achieved success by having pistis, “trust; commitment; loyalty; engagement.”
Chess in the Park
Monday, October 9th – New Rochelle, NY [Columbus Day]
Want Your Children to Succeed?

Dear Mr. Man Documentary

Dear Mr Man Prince Tribute

Might not be in the back of the bus
But it sure feel just the same
Ain’t nothing fair about welfare,
Ain’t no assistance in aids
Ain’t nothin’ affirmative about your actions
Till the people get paid

Prince Van Jones

Where are the black and brown Mark Zuckerbergs? That was essentially the question — the challenge — that the late musician Prince asked Van Jones, civil rights activist, founder of the Dream Corps, and host of CNN’s The Messy Truth with Van Jones.
Prince was a great musician

“Prince came in, and he said to the labels, ‘Do not try to just put me with the urban group; I want the world. I want to be with the pop staff. I’m going to make rock and roll, as well as soul, as well as funk…I don’t want to just go to Soul Train, I don’t want to just open up for Rick James, I want to be on Dick Clark.’”

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Where Are the Black and Brown Mark Zuckerbergs?

Chess in the Park
Saturday, September 30th – Morningside Park
Monday, October 9th – New Rochelle, NY [Columbus Day]
Want Your Children to Succeed?

Billionaire chess

Where are the black and brown Mark Zuckerbergs? That was essentially the question — the challenge — that the late musician Prince asked Van Jones, civil rights activist, founder of the Dream Corps, and host of CNN’s The Messy Truth with Van Jones.

Prince Van Jones

What we need to understand is that when Mark Zuckerberg was about eleven, his parents hired a computer tutor, a software developer named David Newman, who came to the house once a week to work with Mark. “He was a prodigy,” Newman told The New Yorker writer Jose Antonio Vargasme. “Sometimes it was tough to stay ahead of him.” (Newman lost track of Zuckerberg and was stunned when he learned from the interview that his former pupil had built Facebook.) Soon thereafter, Mark started taking a graduate computer course every Thursday night at nearby Mercy College.

Mark Zuckerberg
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Who Owns New Rochelle?

Most people don’t know how commercial real estate is owned and funded. Who profits from the places that you live and shop?
Who is building New Rochelle?
The short answer is not you and probably not anyone that you know. That’s a strange notion. One hundred years ago, everything that you invested in was local and now nearly nothing is. And local people, local families used to owned the local real estate. People who were invested in the community used to be part of the decision making of what got built.

Institutional Real Estate Investment
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