Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and… — Peter Thiel Copy Share Image
“Most of a tech company’s value will come at least 10 to 15 years in the future.” — Peter Thiel Copy Share Image
There is perhaps no specific time that is necessarily right to start your company or start your life. But some times and… — Peter Thiel Copy Share Image
I think somehow people should be encouraged to think about a very long time horizon and I think this is true for… — Peter Thiel Copy Share Image
“You’ve probably heard about “first mover advantage”: if you’re the first entrant into a market, you can capture significant market share while… — Peter Thiel Copy Share Image
“In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work… — 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
“In philosophy, politics, and business, too, arguing over process has become a way to endlessly defer making concrete plans for a better… — Peter Thiel Copy Share Image
Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a… — Peter Thiel Copy Share Image
The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is… — Peter Thiel Copy Share Image
“Zero to One is about how to build companies that create new things. It draws on everything I’ve learned directly as a… — Peter Thiel Copy Share Image
If you focus on near-term growth above all else, you miss the most important question you should be asking: will this business… — Peter Thiel Copy Share Image
“Creating value is not enough—you also need to capture some of the value you create. This means that even very big businesses… — Peter Thiel Copy Share Image
It's a horribly mismanaged company-probably a lot of pot smoking going on there. — Peter Thiel Copy Share Image
“if you want to create and capture lasting value, don’t build an undifferentiated commodity business.” — Peter Thiel Copy Share Image
Under perfect competition, in the long run no company makes an economic profit. — Peter Thiel Copy Share Image
“THE MOST CONTENTIOUS question in business is whether success comes from luck or skill.” — Peter Thiel Copy Share Image
“how much of what you know about business is shaped by mistaken reactions to past mistakes?” — Peter Thiel Copy Share Image
“Tolstoy opens Anna Karenina by observing: “All happy families are alike; each unhappy family is unhappy in its own way.” Business is… — Peter Thiel Copy Share Image
Every business is successful exactly to the extent that it does something others cannot. — Peter Thiel Copy Share Image
“To anticipate likely sources of misalignment in any company, it’s useful to distinguish between three concepts: • Ownership: who legally owns a… — 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
As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are… — 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 Image
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 Image
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 Image
“Time and decision-making themselves follow a power law, and some moments matter far more than others” — Peter Thiel Copy Share Image
“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 Image
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 Image
“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 Image
“we have given up our sense of wonder at secrets left to be discovered.” — Peter Thiel Copy Share Image
“Today our society is permeated by the twin ideas that death is both inevitable and random.” — Peter Thiel Copy Share Image
“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 Image
“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 Image
“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 Image
