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
Recruiting is a core competency for any company. It should never be outsourced. — Peter Thiel Copy Share Image
Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way.… — 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
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
All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they… — 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
I think it's a problem that we don't have more companies like Facebook. It shouldn't be the only company that's doing this… — Peter Thiel Copy Share Image
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
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
You want to be the last company in a category. Those are the ones that are really valuable. — 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
It's a horribly mismanaged company-probably a lot of pot smoking going on there. — Peter Thiel Copy Share Image
Under perfect competition, in the long run no company makes an economic profit. — Peter Thiel Copy Share Image
Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company—probably a lot of pot-smoking going on… — Peter Thiel Copy Share Image
I think markets are often not thinking on a long-time horizon, I think that our government structurally is doing even less so.… — 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
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