Peter Thiel
Peter Thiel
Peter Andreas Thielis a German-American entrepreneur, venture capitalist and hedge fund manager. Thiel co-founded PayPal with Max Levchin and Elon Musk and served as its CEO. He also co-founded Palantir, of which he is chairman. He was the first outside investor in Facebook, the popular social-networking site, with a 10.2% stake acquired in 2004 for $500,000, and sits on the company's board of directors...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth11 October 1967
CountryUnited States of America
The zero-sum world [the movie The Social Network] portrayed has nothing in common with the Silicon Valley I know, but I suspect it's a pretty accurate portrayal of the dysfunctional relationships that dominate Hollywood.
The something of somewhere is mostly just the nothing of nowhere.
Brilliant thinking is rare, but courage is in even shorter supply than genius.
Google makes so much money that it’s now worth three times more than every U.S. airline combined.
Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women - two constituencies that are notoriously tough for libertarians - have rendered the notion of "capitalist democracy" into an oxymoron.
Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company—probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that,
Customers won’t care about any particular technology unless it solves a particular problem in a superior way. And if you can’t monopolize a unique solution for a small market, you’ll be stuck with vicious competition.
There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.
It's a horribly mismanaged company-probably a lot of pot smoking going on there.
A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.
I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
Luck is like an atheistic word for God...
As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.
Never invest in a tech CEO that wears a suit.