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A company does better the less it pays the CEO.

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
Ceo
Pays
Pay
Company
Less
Doe
Better

More quotes by Peter Thiel

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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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All failed companies are the same: they failed to escape competition.
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Recruiting is a core competency for any company. It should never be outsourced.
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A lot of the key to Apple's succes is Designing technology in order to hide it.
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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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Of the six people who started PayPal, four had built bombs in high school.
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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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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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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.
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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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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.
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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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Never invest in a tech CEO that wears a suit.
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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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Moving first is a tactic, not a goal.
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Today's 'best practices' lead to dead ends the best paths are new and untried.
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Great tech opportunities happen only once.
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I'm skeptical of a lot of what falls under the rubric of education.... People are on these tracks. They are getting these credentials and it's very unclear how viable they are in many cases.
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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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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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