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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
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Harvard
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More quotes by Peter Thiel
Of the six people who started PayPal, four had built bombs in high school.
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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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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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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.
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Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
Peter Thiel
A company does better the less it pays the CEO.
Peter Thiel
Consider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
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Competition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.
Peter Thiel
What important truth do very few people agree with you on?
Peter Thiel
I think in my twenties I tended to think of all people as sort of more or less alike. In now think that people are really different in all these subtle ways that are very important.
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As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.
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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.
Peter Thiel
Moving first is a tactic, not a goal.
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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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Brilliant thinking is rare, but courage is in even shorter supply than genius.
Peter Thiel
If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
Peter Thiel
Big part of the challenge to innovation is that people too easily resign themselves to dying.
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University administrators are the equivalent of subprime mortgage brokers selling you a story that you should go into debt massively, that it's not a consumption decision, it's an investment decision. Actually, no, it's a bad consumption decision. Most colleges are four-year parties.
Peter Thiel
A lot of the key to Apple's succes is Designing technology in order to hide it.
Peter Thiel
No company has a culture every company is a culture.
Peter Thiel
