- The death toll of Americans almost doubled, as all 6 members died when a U.S. Force refueling plane crashed in western Iraq yesterday. Apparently was not caused by friendly nor hostile fire.
- I asked Google AI: Is this the first time war in the Middle East closed the Strait of Hormuz? The answer is surprising.
- Just checked the price of WTI crude oil: $99.70/barrel.
- How much is the war costing you? Read that.
- Once feared, apparently Iran has not established cells of revenge operators in the USA, for all these isolated incidents indicate that the War in Iran just inspired a few Muslims to react without much planning. For example, there has been no suicide bomber nor anything like what occurred on 9/11/2001.
George Schmilinsky
The budding entrepreneurs in Palo Alto attracted investors. These entrepreneurs and investors began the Silicon Valley and Venture Capital that we know today. Take a look at how many businesses have started with Stanford alumni or students. Indeed the environment was and is perfect for those connected to Stanford—money, a nearby university willing to help with innovation, facilities etc., and an ecosystem for growing businesses in the form of Silicon Valley.
With so much wealth growing from the region, and an appreciation for the school from which this wealth was made possible, many former students rewarded Stanford with not only pieces of their business but also huge donations.
These donations helped Stanford build their endowment and consequently their prestige. Also, if you’re an intelligent young person wanting adventure (in the form of Silicon Valley), as well as good weather—where would you go?
Like everything in life, success is born from many things and rarely can be summarized with sound bites of information—this explanation is just one possible reason.
Here was a response:
Harvard, Yale and Princeton began as divinity schools to train ministers. Their curriculum was Latin, Ancient Greek, Philosophy, and Rhetoric. In the late 1800s they began to add secular subjects like math, physics, etc. In that sense, serious subject instruction at MIT (founded 1861) predates that of Harvard, Yale and Princeton. Until the 1960s, Harvard, Princeton and Yale remained the bastions of privileged white sons of the rich. MIT and Stanford had no such restrictions, but admitted based on merit. Stanford was founded in 1885 and also took its secular subjects seriously long before Harvard did.
And another:
Joshua is right in that MIT’s rise is partly due to the military/technological advancements they contributed during WWII. But the real reason Stanford and MIT have , for the most part, passed the big three Ivies is because the Ivies missed the Technology Tidal Wave. MIT and Stanford were on the crest of it. As the world becomes more advanced technologically with the telecommunications revolution,
… (more)So I asked Google AI: What is the most remarkable advancement of an American university in the past century.
- Pioneering Tech Entrepreneurship: Stanford cultivated a "pioneering spirit" by encouraging faculty and students to bridge the gap between academic research and commercial application.
- Impact: This model directly led to the foundation of companies like Hewlett-Packard, Google, Yahoo, LinkedIn, and Netflix.
- Impact on Region: It turned a fruit-growing region into the world's leading technology hub.
- Scientific Dominance: This allowed US universities to dominate global Nobel Prize awards in the second half of the 20th century.
- Key Players: Johns Hopkins, MIT, and Stanford became leaders in leveraging these funds.
- University of Chicago's Rise: In the last 25 years, the University of Chicago transformed from a "safety school" for many into a top-three, highly selective institution, competing directly with Harvard and Yale.
- Medical & Scientific Breakthroughs: The University of Wisconsin-Madison’s 1998 isolation of human embryonic stem cells, which birthed regenerative medicine, and the development of the MRI scanner by SUNY Downstate Medical Center in 1977.
- The GI Bill & Access: The post-1945 influx of students via the GI Bill, which launched an "unplanned educational revolution" and created the modern "Golden Age" of higher education.
- Frederick was not involved, but this link to his father led to the modern legacy about renaming buildings, schools and such. In fact, Terman Middle School in Palo Alto was renamed Ellen Fletcher Middle School in 2018.
- Mind you, Lewis was outstanding in another way, for he created a new version of a French Intelligence test, calling it the Stanford-Binet Intelligence Scale, which is still in use today.
- Son Fred went to MIT for his doctorate in 1925, returned home just for the summer, found out he had a serious medical condition, so stayed in Palo Alto and became a Stanford faculty member. He recovered to in World War II direct a staff of more than 850 scientists and engineers at the Harvard Radio Research Lab. Returned back home, founded the Stanford Research Park and went on to become the Father of Silicon Valley. One more aside, Frederick Terman introduced two of his students to each other, William Hewlett and David Packard.
- When I was a freshman at Stanford, David Packard Jr. went around seeking $10,000 from classmates to invest in his father's company, which was adjacent to the campus. Supposedly, that amount would have been worth a million dollars about a decade later.
- Today, HP is a leader in the advancement of artificial intelligence.
- Finally, David's sister, Julie, got her parents to provide $57 million to create the Monterey Bay Aquarium. She served as executive director over 40 years and retired last year. The three top aquaria in the U.S. are in Georgia, California (Monterey) and Chicago.
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