Peter Thiel Quotes - Page 5

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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.

  Peter Thiel

  Hero, Mean, Fighting

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.36, Crown Business

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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

  Years, Printing Money, Debt

  "Technology = Salvation". Interview with Holman W. Jenkins Jr., www.wsj.com. October 9, 2010.

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• For a new payment product, you always have to ask, how much better is it than the current solution? So when we started Paypal, for eBay micro merchants, it was much better than getting the 7 to 10 days process of cashing a check in the mail. When you look at stores or physical worlds, places, a lot of these places are already set up to take cash or credit card. Apple Pay may be an incremental improvement, maybe a little bit better. But when you have something that's pretty good and you go to something that's perfect, sometimes it's very hard to drive adoption because the delta is not that big.

  Peter Thiel

  Perfect, Adoption, World

  Source: www.businessinsider.com

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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

  Agency, Over You, Important

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.64, Crown Business

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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.

  Peter Thiel

  Single Mom, White, Space

  "Peter Thiel’s CS183: Startup - Class 3 Notes Essay". blakemasters.com. June 15, 2012.

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• If you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily a well-defined market to pay people.

  Peter Thiel

  Thinking, People, Pay

  Interview with Victoria Brown, bigthink.com. November 15, 2010.

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• We might describe our world as having retail sanity, but wholesale madness.

  Peter Thiel

  Our World, Retail, Might

  "Peter Thiel’s CS183: Startup - Class 1 Notes Essay". blakemasters.com. April 3, 2012.

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• It is sort of a bit of a caricature of capitalism, that it's always this zero-sum game where you have winners and losers. Silicon Valley, the technology industry at its best, creates a situation where everybody can be a winner.

  Peter Thiel

  Zero, Technology, Games

  Interview with Victoria Brown, bigthink.com. November 15, 2010.

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• One of the reasons I think people are increasingly nervous about U.S. debt is because they think that we are not actually digging ourselves out of the hole, but instead are digging ourselves into a deeper and deeper hole and will not be able to pay it back because we're not actually creating the new technologies that will enable us to pay back and the money somehow is not really being invested in the future or in progress.

  Peter Thiel

  Technology, Thinking, Creating

  Source: bigthink.com

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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.

  Peter Thiel

  Thinking, Government, Needs

  Interview with Victoria Brown, bigthink.com. November 15, 2010.

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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

  Google, Growth, Age

  Source: www.businessinsider.com

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• 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

  Opportunity, People, Entrepreneur

  "No Death, No Taxes" by George Packer, www.newyorker.com. November 28, 2011.

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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

  Civilization, Needs, Next Level

  Interview with Victoria Brown, bigthink.com. November 15, 2010.

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• When you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that will sort of move the dial. And there's this sort of weird effect where the larger a company gets, the harder it is to come up with any new product that really moves the dial.

  Peter Thiel

  Moving

  Source: www.businessinsider.com

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• Our economy is broken. I'm not a politician, but neither is Donald Trump. He is a builder, and it's time to rebuild America.

  Peter Thiel

  Broken, Politician, Economy

  Source: www.pbs.org

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• I do think Tim Cook is doing a very good job, I think he has almost impossibly big shoes to fill with Steve Jobs' departure. And so, that's the context always someone has to put things in. But, I do think that for the most part that Apple is at a point where it's much more focused on scale than on doing new things.

  Peter Thiel

  Thinking, Good Job, Very Good

  Source: www.businessinsider.com

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• The lowest-hanging fruit in preventative medicine is just to really focus on nutrition.

  Peter Thiel

  Medicine, Focus, Fruit

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• If you invest in Microsoft or Oracle, or a number of other companies for that matter, you're fundamentally making a bet that there's going to be no innovation. So an investment in Microsoft is a bet that the operating system is going to stay the same, it won't be replaced by Linux, Google Docs, or a mobile platform like iOS or Android.

  Peter Thiel

  Google, Innovation, Investment

  Source: www.businessinsider.com

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• It's a horribly mismanaged company-probably a lot of pot smoking going on there.

  Peter Thiel

  Smoking, Pot, Company

  "'Probably a lot of pot-smoking' at Twitter: Thiel". CNBC Interview, www.cnbc.com. September 17, 2014.

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• I'm always very excited about trying to do something on next-generation biotechnology and life sciences because I think if we can cure cancer or dementia, we can really make the future a lot better and I think these things are eminently doable.

  Peter Thiel

  Cancer, Thinking, Trying

  Source: www.businessinsider.com

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• The idea of becoming an entrepreneur is something that is not taught very well in school and is something that people should try to do earlier on.

  Peter Thiel

  School, Ideas, People

  Interview with Victoria Brown, bigthink.com. November 15, 2010.

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• Big part of the challenge to innovation is that people too easily resign themselves to dying.

  Peter Thiel

  People, Challenges, Innovation

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• The zero-sum world [the movie The Social Network] portrayed has nothing in common with the Silicon Valley I know, but I suspect it's a pretty accurate portrayal of the dysfunctional relationships that dominate Hollywood.

  Peter Thiel

  Zero, Hollywood, Valleys

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• I think somehow people should be encouraged to think about a very long time horizon and I think this is true for businesses, it's true for governments and it's true for people doing things in the non-profit sector.

  Peter Thiel

  Thinking, Government, Long

  Interviewed with Victoria Brown, bigthink.com. November 15, 2010.

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• If they don't go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers.

  Peter Thiel

  Wall, Real, School

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.56, Crown Business

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