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I'm skeptical of a lot of what falls under the rubric of education.... People are on these tracks. They are getting these credentials and it's very unclear how viable they are in many cases.

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
Track
Rubrics
Cases
Rubric
Education
Unclear
Getting
Credentials
Fall
Viable
Many
Tracks
People
Skeptical
Falls

More quotes by Peter Thiel

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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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I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and to some extent, that increases asset values across the board, including in startups.
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What nerds miss is that it takes hard work to make sales look easy.
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Never invest in a tech CEO that wears a suit.
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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.
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Long-term planning is often undervalued by our indefinite short-term world.
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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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We might describe our world as having retail sanity, but wholesale madness.
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Under perfect competition, in the long run no company makes an economic profit.
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Recruiting is a core competency for any company. It should never be outsourced.
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If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
Peter Thiel
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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.
Peter Thiel
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The something of somewhere is mostly just the nothing of nowhere.
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You'll attract the employees you need if you can explain why your mission is compelling: not why it's important in general, but why you're doing something important that no one else is going to get done.
Peter Thiel
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Big part of the challenge to innovation is that people too easily resign themselves to dying.
Peter Thiel
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There is perhaps no specific time that is necessarily right to start your company or start your life. But some times and some moments seem more auspicious than others. Now is such a moment. If we don’t take charge and usher in the future - if you don’t take charge of your life - there is the sense that no one else will.
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Education needs to be rethought. Education does not just happen in college, but it also happens in developing skills which will enable people to contribute to our society as a whole.
Peter Thiel
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Higher education holds itself out as a kind of universal church, outside of which there is no salvation.
Peter Thiel
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Moving first is a tactic, not a goal.
Peter Thiel