Marketplace Morning Report for Tuesday November 25, 2014
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.
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.
