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On Wednesday of this week, Flickr and Hunch co-founder Caterina Fake wrote a provocatively titled blog suggesting that wanna-be entrepreneurs should drop out of college. She based this opinion on the amount of successful companies founded by drop-outs, including Facebook, Twitter, Apple and Microsoft, as well as the drop-outs she finds herself investing in as an angel. But should education play such an insignificant role in entrepreneurship? The answer is not as simple as some think.