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 Copy Share Image
Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists,… — 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