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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.

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
Company
Owning
Term
Reveals
Anyone
Preference
Values
Increasing
Future
Cash
Part
Commitment
Long
Paid
Value
Prefers

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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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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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The something of somewhere is mostly just the nothing of nowhere.
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Big part of the challenge to innovation is that people too easily resign themselves to dying.
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Never invest in a tech CEO that wears a suit.
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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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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
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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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Anti-aging is an extremely under-explored field.
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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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Higher education holds itself out as a kind of universal church, outside of which there is no salvation.
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
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The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete. You want to create a monopoly. We want to invest in a company that has a good plan to create a monopoly.
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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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For Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter true heroes take their personal honor so seriously they will fight for things that don’t matter.
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Today's 'best practices' lead to dead ends the best paths are new and untried.
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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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Long-term planning is often undervalued by our indefinite short-term world.
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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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What nerds miss is that it takes hard work to make sales look easy.
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