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Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.

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
People
Started
Probably
Company
Graduated
Gone
Harvard
Able
Window
Come
Build
Would
Decided
Time
Stay

More quotes by Peter Thiel

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Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
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My own answer to the contrarian question is that most people think the future of the world will be defined by globalization, but the truth is that technology matters more.
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Higher education holds itself out as a kind of universal church, outside of which there is no salvation.
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Of the six people who started PayPal, four had built bombs in high school.
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Society is secretly driven by sales
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Today's 'best practices' lead to dead ends the best paths are new and untried.
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Recruiting is a core competency for any company. It should never be outsourced.
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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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If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.
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Moving first is a tactic, not a goal.
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I no longer believe that freedom and democracy are compatible.
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For Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter true heroes take their personal honor so seriously they will fight for things that don’t matter.
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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.
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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.
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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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The most successful businesses have an idea for the future that's very different from the present.
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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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A company does better the less it pays the CEO.
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I think somehow people should be encouraged to think about a very long time horizon and I think this is true for businesses, it's true for governments and it's true for people doing things in the non-profit sector.
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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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