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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.

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
Truth
Globalization
Matter
Defined
Think
Matters
Thinking
Answer
World
Question
People
Technology
Answers
Future

More quotes by Peter Thiel

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Today's 'best practices' lead to dead ends the best paths are new and untried.
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The something of somewhere is mostly just the nothing of nowhere.
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Under perfect competition, in the long run no company makes an economic profit.
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Moving first is a tactic, not a goal.
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Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.
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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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A company does better the less it pays the CEO.
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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.
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Brilliant thinking is rare, but courage is in even shorter supply than genius.
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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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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.
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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
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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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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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What nerds miss is that it takes hard work to make sales look easy.
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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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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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Recruiting is a core competency for any company. It should never be outsourced.
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A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It's like telling the world there's no Santa Claus.
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The most successful businesses have an idea for the future that's very different from the present.
Peter Thiel