http://thielfoundation.org/index.php?option=com_content&view=article&id=15&Itemid=19
Thoughts?
A lot of Thiel's beliefs are in line with those of a significant portion of the LessWrong community, so I trust his judgment more than I trust that of most.
Knowing what you're doing (which is really all that certification "signals") seems to be higher status than being one of the few people that were lucky enough to receive enough start-up funding to establish a business and are skilled enough to hire people...who know what they're doing.