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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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Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Lasts
Last
Stuff
Outlawed
Part
Environmentalism
Believe
Aversion
Years
Innovation
World
Basically
Risk

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No company has a culture every company is a culture.
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Under perfect competition, in the long run no company makes an economic profit.
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A company does better the less it pays the CEO.
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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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Society is secretly driven by sales
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Recruiting is a core competency for any company. It should never be outsourced.
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We might describe our world as having retail sanity, but wholesale madness.
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Never invest in a tech CEO that wears a suit.
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Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company — probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that.
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All failed companies are the same: they failed to escape competition.
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There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.
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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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Long-term planning is often undervalued by our indefinite short-term world.
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Brilliant thinking is rare, but courage is in even shorter supply than genius.
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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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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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Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
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There are many more secrets in the world that are waiting to be found. The question of how many secrets exist in our world is roughly equivalent to how many startups people should start.
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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.
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Of the six people who started PayPal, four had built bombs in high school.
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