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I no longer believe that freedom and democracy are compatible.

Peter Thiel

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Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Believe
Compatible
Longer
Democracy
Freedom

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No company has a culture every company is a culture.
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The most successful businesses have an idea for the future that's very different from the present.
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Never invest in a tech CEO that wears a suit.
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The something of somewhere is mostly just the nothing of nowhere.
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There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
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Of the six people who started PayPal, four had built bombs in high school.
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The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world when you share your secret, the recipient becomes a fellow conspirator.
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Brilliant thinking is rare, but courage is in even shorter supply than genius.
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What valuable company is nobody building?
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There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.
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I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it's something you have to do around the clock, and that doesn't compute with our existing educational system.
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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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There's been a lot companies that have shown zero to one kind of growth in the computer, internet software age. Facebook and Google are zero to one companies. Apple's iPhone was the first smartphone that really works, and of course, then you scale it horizontally, but the vertical component was really critical. Space X would also be one.
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In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
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We cannot take for granted that the future will be better, and that means we need to work to create it today.
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The developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
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