Google Quote by Peter Thiel
“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.”
About This Quote
Investing in established tech firms implies betting on stability over disruptive innovation, suggesting a conservative outlook on future tech shifts.
In simple terms: Betting on big tech means expecting little change.
Key Takeaway
Consider the risk of missing breakthrough technologies.
Themes
investment
technology
risk
Mood
cautious
analytical
Type
financial
strategic
When to use this quote
- portfolio building
- technology scouting
- venture capital
Key Concepts
disruption
market dynamics
Questions to Reflect On
- Are established firms truly static?
- How can investors balance safety and breakthrough?
A Different Perspective
It ignores the potential for incumbents to innovate internally.
