Quote

As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.

Peter Thiel

Change background

T
T
T

Change font

TAGS & TOPICS

Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Opportunities
Tried
Places
Investor
Looking
Identify
Opportunity
Investors
Always
Crowd
People
Entrepreneur
Crowds

More quotes by Peter Thiel

Image
If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
Peter Thiel
Image
The something of somewhere is mostly just the nothing of nowhere.
Peter Thiel
Image
I think in my twenties I tended to think of all people as sort of more or less alike. In now think that people are really different in all these subtle ways that are very important.
Peter Thiel
Image
Never invest in a tech CEO that wears a suit.
Peter Thiel
Image
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.
Peter Thiel
Image
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.
Peter Thiel
Image
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.
Peter Thiel
Image
Big part of the challenge to innovation is that people too easily resign themselves to dying.
Peter Thiel
Image
Every university…seem[s] to reassure you that ‘it doesn’t matter what you do, as long as you do it well.’ That is completely false. It does matter what you do. You should focus relentlessly at something you’re good at doing, but before that you must think hard about whether it will be valuable in the future.
Peter Thiel
Image
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.
Peter Thiel
Image
What valuable company is nobody building?
Peter Thiel
Image
A lot of the key to Apple's succes is Designing technology in order to hide it.
Peter Thiel
Image
Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
Peter Thiel
Image
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
Image
A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.
Peter Thiel
Image
Under perfect competition, in the long run no company makes an economic profit.
Peter Thiel
Image
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
Image
Great tech opportunities happen only once.
Peter Thiel
Image
We cannot take for granted that the future will be better, and that means we need to work to create it today.
Peter Thiel
Image
The developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
Peter Thiel