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Brilliant thinking is rare, but courage is in even shorter supply than genius.
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
Courage
Even
Thinking
Shorter
Supply
Rare
Brilliant
Genius
More quotes by Peter Thiel
What nerds miss is that it takes hard work to make sales look easy.
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No company has a culture every company is a culture.
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If you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily a well-defined market to pay people.
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Under perfect competition, in the long run no company makes an economic profit.
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Of the six people who started PayPal, four had built bombs in high school.
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When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
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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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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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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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The something of somewhere is mostly just the nothing of nowhere.
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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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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.
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In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
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I no longer believe that freedom and democracy are compatible.
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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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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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There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.
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Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.
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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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People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.
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