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Today's 'best practices' lead to dead ends the best paths are new and untried.

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
Practices
Lead
Dead
Path
Practice
Ends
Untried
Today
Best
Paths

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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.
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Never invest in a tech CEO that wears a suit.
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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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In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
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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).
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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.
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A company does better the less it pays the CEO.
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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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Recruiting is a core competency for any company. It should never be outsourced.
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Under perfect competition, in the long run no company makes an economic profit.
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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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The something of somewhere is mostly just the nothing of nowhere.
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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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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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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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Long-term planning is often undervalued by our indefinite short-term world.
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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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Great tech opportunities happen only once.
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No company has a culture every company is a culture.
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