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Great tech opportunities happen only once.

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
Opportunity
Happens
Great
Tech
Opportunities
Happen

More quotes by 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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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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Today's 'best practices' lead to dead ends the best paths are new and untried.
Peter Thiel
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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.
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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Every business is successful exactly to the extent that it does something others cannot.
Peter Thiel
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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
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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.
Peter Thiel
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What valuable company is nobody building?
Peter Thiel
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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
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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
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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.
Peter Thiel
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Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.
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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I no longer believe that freedom and democracy are compatible.
Peter Thiel
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In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
Peter Thiel
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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.
Peter Thiel
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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.
Peter Thiel
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A lot of the key to Apple's succes is Designing technology in order to hide it.
Peter Thiel
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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