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Marketplace Morning Report for Tuesday November 25, 2014
Nov 25, 2014

Marketplace Morning Report for Tuesday November 25, 2014

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First up on today's show: corruption, international soccer, and corporate sponsorship. Several published reports today say the Japanese entertainment and electronics giant Sony is drop its sponsorship of World Cup soccer. More on that. And the latest U.S. housing numbers come out Tuesday. In recent months, luxury homes have been particularly doing well.  This is due in part to overseas investors. Is this international speculation good for the housing market? Plus, a moment of reflection about America's innovation economy. We know that in technology hubs like Silicon Valley, it's cool to fail. That's the mark of a seasoned, risk taking entrepreneur, having tried, failed and tried again. It may also be cool to draw a mediocre salary. That's the argument of  one of America's leading technology venture capitalist, who says he looks for low salaries at the top of start ups when he's thinking about investing. Peter Thiel was also a co-founder of Paypal and the first outside investor in Facebook. We spoke with him at his offices in San Francisco.

 

Segments From this episode

Peter Thiel on keeping salaries low at the top

Nov 25, 2014
The Silicon Valley venture capitalist talks cultural issues in the tech industry.

PODCAST: Counting calories

Nov 25, 2014
Economic growth July through September, calorie counting, and why Peter Thiel likes monopolies.

Does caloric transparency change behavior?

Nov 25, 2014
New FDA rules require more food sellers to reveal number of calories in what they sell.

What do foreign investors see in U.S. housing stock?

Nov 25, 2014
Luxury homes have been selling well of late, partly because of overseas investors.

First up on today’s show: corruption, international soccer, and corporate sponsorship. Several published reports today say the Japanese entertainment and electronics giant Sony is drop its sponsorship of World Cup soccer. More on that. And the latest U.S. housing numbers come out Tuesday. In recent months, luxury homes have been particularly doing well.  This is due in part to overseas investors. Is this international speculation good for the housing market? Plus, a moment of reflection about America’s innovation economy. We know that in technology hubs like Silicon Valley, it’s cool to fail. That’s the mark of a seasoned, risk taking entrepreneur, having tried, failed and tried again. It may also be cool to draw a mediocre salary. That’s the argument of  one of America’s leading technology venture capitalist, who says he looks for low salaries at the top of start ups when he’s thinking about investing. Peter Thiel was also a co-founder of Paypal and the first outside investor in Facebook. We spoke with him at his offices in San Francisco.

 

The team

Stephen Ryan Producer, BBC