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Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.

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
Technology
Probably
Society
Technologically
Best
Progressing
Much
Linked
Think
Capitalism
Thinking
Works
Progress

More quotes by 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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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
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Long-term planning is often undervalued by our indefinite short-term world.
Peter Thiel
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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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All failed companies are the same: they failed to escape competition.
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The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world when you share your secret, the recipient becomes a fellow conspirator.
Peter Thiel
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Big part of the challenge to innovation is that people too easily resign themselves to dying.
Peter Thiel
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Customers won’t care about any particular technology unless it solves a particular problem in a superior way. And if you can’t monopolize a unique solution for a small market, you’ll be stuck with vicious competition.
Peter Thiel
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The most successful businesses have an idea for the future that's very different from the present.
Peter Thiel
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A company does better the less it pays the CEO.
Peter Thiel
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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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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).
Peter Thiel
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Consider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
Peter Thiel
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What nerds miss is that it takes hard work to make sales look easy.
Peter Thiel
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Competition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.
Peter Thiel
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Anti-aging is an extremely under-explored field.
Peter Thiel
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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.
Peter Thiel
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I no longer believe that freedom and democracy are compatible.
Peter Thiel
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What important truth do very few people agree with you on?
Peter Thiel
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Every business is successful exactly to the extent that it does something others cannot.
Peter Thiel