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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.
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
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More quotes by Peter Thiel
If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.
Peter Thiel
Long-term planning is often undervalued by our indefinite short-term world.
Peter Thiel
What important truth do very few people agree with you on?
Peter Thiel
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.
Peter Thiel
In the U.S., we fundamentally need to do new things, which I think is harder for the government to do. And moreover, it is not something our government actually is inclined to particularly do.
Peter Thiel
No company has a culture every company is a culture.
Peter Thiel
Brilliant thinking is rare, but courage is in even shorter supply than genius.
Peter Thiel
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.
Peter Thiel
Recruiting is a core competency for any company. It should never be outsourced.
Peter Thiel
In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work (if this describes your company, you should quit now).
Peter Thiel
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.
Peter Thiel
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.
Peter Thiel
We cannot take for granted that the future will be better, and that means we need to work to create it today.
Peter Thiel
People working on bigger ideas on a more protracted timeline will be more on the stealth side. They aren’t releasing new PR announcements every day. The bigger the secret and the likelier it is that you alone have it, the more time you have to execute. There may be far more people going after hard secrets than we think.
Peter Thiel
Under perfect competition, in the long run no company makes an economic profit.
Peter Thiel
Every business is successful exactly to the extent that it does something others cannot.
Peter Thiel
There are many more secrets in the world that are waiting to be found. The question of how many secrets exist in our world is roughly equivalent to how many startups people should start.
Peter Thiel
All failed companies are the same: they failed to escape competition.
Peter Thiel
Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
Peter Thiel
Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
Peter Thiel
