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Never invest in a tech CEO that wears a suit.

Peter Thiel

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Peter Thiel
Age: 56
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Suits
Never
Tech
Ceo
Wears
Invest
Suit

More quotes by Peter Thiel

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There is perhaps no specific time that is necessarily right to start your company or start your life. But some times and some moments seem more auspicious than others. Now is such a moment. If we don’t take charge and usher in the future - if you don’t take charge of your life - there is the sense that no one else will.
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Great tech opportunities happen only once.
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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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The most successful businesses have an idea for the future that's very different from the present.
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Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
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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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A company does better the less it pays the CEO.
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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.
Peter Thiel
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
Peter Thiel
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You'll attract the employees you need if you can explain why your mission is compelling: not why it's important in general, but why you're doing something important that no one else is going to get done.
Peter Thiel
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Of the six people who started PayPal, four had built bombs in high school.
Peter Thiel
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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.
Peter Thiel
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All failed companies are the same: they failed to escape competition.
Peter Thiel
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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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I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
Peter Thiel
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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
Peter Thiel
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American government is not dominated by engineers, it is dominated by lawyers. Engineers are interested in substance and building things lawyers are interested in process and rights and getting the ideology correctly blended. And so there is sort of no really concrete plan for the future.
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.
Peter Thiel
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Society is secretly driven by sales
Peter Thiel
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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.
Peter Thiel