As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible. — Peter Thiel Copy Share Image
In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years… — Peter Thiel Copy Share Image
“Because that is what a startup has to do: question received ideas and rethink business from scratch.” — Peter Thiel Copy Share Image
You want to be the last company in a category. Those are the ones that are really valuable. — Peter Thiel Copy Share Image
“but how to establish a process by which a sales team of modest size can move the product to a wide audience.” — Peter Thiel Copy Share Image
“But entrepreneurs should take cultures of extreme dedication seriously.” — Peter Thiel Copy Share Image
First, only invest in companies that have the potential to return the value of the entire fund. — Peter Thiel Copy Share Image
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good… — Peter Thiel Copy Share Image
A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own… — Peter Thiel Copy Share Image
“It’s better to think of distribution as something essential to the design of your product. If you’ve invented something new but you… — Peter Thiel Copy Share Image
The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of… — Peter Thiel Copy Share Image
A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in… — Peter Thiel Copy Share Image
“If you focus on diversification instead of single-minded pursuit of the very few companies that can become overwhelmingly valuable, you’ll miss those… — Peter Thiel Copy Share Image
The idea of becoming an entrepreneur is something that is not taught very well in school and is something that people should… — Peter Thiel Copy Share Image
“a startup is the largest group of people you can convince of a plan to build a different future. A new company’s… — Peter Thiel Copy Share Image
“EVERYBODY SELLS Nerds might wish that distribution could be ignored and salesmen banished to another planet. All of us want to believe… — Peter Thiel Copy Share Image
“Facebook, the best investment in our 2005 fund, returned more than all the others combined. Palantir, the second-best investment, is set to… — Peter Thiel Copy Share Image
Superior sales and distribution by itself can create a monopoly, even with no product differentiation. The converse is not true. No matter… — Peter Thiel Copy Share Image
There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If… — Peter Thiel Copy Share Image
“STARTUP THINKING New technology tends to come from new ventures—startups. From the Founding Fathers in politics to the Royal Society in science… — Peter Thiel Copy Share Image
There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind. — Peter Thiel Copy Share Image
“As a founder, your first job is to get the first things right, because you cannot build a great company on a… — Peter Thiel Copy Share Image
When you are starting a new business you don't want to go after giant markets. You want to go after small markets… — Peter Thiel Copy Share Image
I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest… — Peter Thiel Copy Share Image
The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want… — Peter Thiel Copy Share Image
“This implies two very strange rules for VCs. First, only invest in companies that have the potential to return the value of… — Peter Thiel Copy Share Image
The most fundamental reason that even businesspeople underestimate the importance of sales is the systematic effort to hide it at every level… — Peter Thiel Copy Share Image
“War metaphors invade our everyday business language: we use headhunters to build up a sales force that will enable us to take… — Peter Thiel Copy Share Image
Everybody has a product to sell—no matter whether you’re an employee, a founder, or an investor. It’s true even if your company… — Peter Thiel Copy Share 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… — Peter Thiel Copy Share
If you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily… — Peter Thiel Copy Share
I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and… — Peter Thiel Copy Share
“Time and decision-making themselves follow a power law, and some moments matter far more than others” — Peter Thiel Copy Share
“Today, we exaggerate the differences between left-liberal egalitarianism and libertarian individualism because almost everyone shares their common indefinite attitude. In philosophy, politics, and business,… — Peter Thiel Copy Share
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… — Peter Thiel Copy Share
“CREATIVE MONOPOLY means new products that benefit everybody and sustainable profits for the creator. Competition means no profits for anybody, no meaningful differentiation, and… — Peter Thiel Copy Share
“Today our society is permeated by the twin ideas that death is both inevitable and random.” — Peter Thiel Copy Share
“if your company can be summed up by its opposition to already existing firms, it can’t be completely new and it’s probably not going… — Peter Thiel Copy Share
“Is a lukewarm attitude to one’s work a sign of mental health? Is a merely professional attitude the only sane approach?” — Peter Thiel Copy Share
“If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business—no matter how good the… — Peter Thiel Copy Share
The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete.… — Peter Thiel Copy Share
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… — Peter Thiel Copy Share
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 Copy Share
