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Peter Thiel Quotes

The big challenge with Internet financial services has been that it’s very difficult to get large numbers of customers to sign up for your service Picture Quote #1

If you borrowed money and went to a college where the education didn’t create any value, that is potentially a really big mistake Picture Quote #1

The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed Picture Quote #1

The next Bill Gates will not start an operating system. The next Larry Page won’t start a search engine. The next Mark Zuckerberg won’t start a social network company. If you are copying these people, you are not learning from them Picture Quote #1

There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them Picture Quote #1

If you have a business idea that’s extremely easy to copy, that can often become something of a challenge or problem Picture Quote #1

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The most successful businesses have an idea for the future that’s very different from the present - and that’s not fully valued Picture Quote #1

I suspect Obama did not know he was recording Angela Merkel’s cell phones Picture Quote #1

All of us have to work toward a definite future... that can motivate and inspire people to change the world Picture Quote #1

People are spending way too much time thinking about climate change, way too little thinking about AI Picture Quote #1

Higher education holds itself out as a kind of universal church, outside of which there is no salvation Picture Quote #1

College gives people learning and also takes away future opportunities by loading the next generation down with debt Picture Quote #1

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If they don’t go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers Picture Quote #1

One of my friends started a company in 1997, seven years before Facebook, called SocialNet. And they had all these ideas, and you could be, like, a cat, and I’d be a dog on the Internet, and we’d have this virtual reality, and we would just not be ourselves. That didn’t work because reality always works better than any fake version of it Picture Quote #1

Perfect competition’ is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand Picture Quote #1

Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits Picture Quote #1

I think competition can make people stronger at whatever it is they’re competing on. If we’re competing in some athletic event for competitive swimmers, really intensely competing, it’s likely that both of us will become better, but it’s also quite possible we’ll lose sight of what’s truly valuable Picture Quote #1

Men and machines are good at different things. People form plans and make decisions in complicated situations. We are less good at making sense of enormous amounts of data. Computers are exactly the opposite: they excel at efficient data processing but struggle to make basic judgments that would be simple for any human Picture Quote #1

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Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it’s harder than it looks Picture Quote #1

The model of the U.S. economy is that we are the country that does new things Picture Quote #1

Creating value isn’t enough - you also need to capture some of the value you create Picture Quote #1

I would not describe myself as a super early adopter of consumer technology Picture Quote #1

Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it’s much more important than free trade Picture Quote #1

In the developed world, technological progress means that you can have a situation where there’s growth, where there’s a way in which everybody can be better off over time Picture Quote #1

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I suspect if people live a lot longer they would be retired for a somewhat longer period of time. Just the financial planning takes on a very different character Picture Quote #1

I spend an awful lot of time just thinking about what is going on in the world and talking to people about that. It’s probably one of my default social activities, just getting dinners with friends Picture Quote #1

Seventy percent of the planet is covered with water, and there’s so much we can be doing with oceans, and it was one of the frontiers that people have more or less abandoned Picture Quote #1

You don’t want to just do ‘me too’ companies that are copying what others are doing Picture Quote #1

I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it’s something you have to do around the clock, and that doesn’t compute with our existing educational system Picture Quote #1

I believe that evolution is a true account of nature, but I think we should try to escape it or transcend it in our society Picture Quote #1

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Friendship Quotes

Motivational Quotes

Inspirational Quotes

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Text Quotes

The big challenge with Internet financial services has been that it’s very difficult to get large numbers of customers to sign up for your service. (Peter Thiel Quotes) If you borrowed money and went to a college where the education didn’t create any value, that is potentially a really big mistake. (Peter Thiel Quotes) The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed. (Peter Thiel Quotes) The next Bill Gates will not start an operating system. The next Larry Page won’t start a search engine. The next Mark Zuckerberg won’t start a social network company. If you are copying these people, you are not learning from them. (Peter Thiel Quotes) There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them. (Peter Thiel Quotes) If you have a business idea that’s extremely easy to copy, that can often become something of a challenge or problem. (Peter Thiel Quotes) The most successful businesses have an idea for the future that’s very different from the present - and that’s not fully valued. (Peter Thiel Quotes) I suspect Obama did not know he was recording Angela Merkel’s cell phones (Peter Thiel Quotes) All of us have to work toward a definite future... that can motivate and inspire people to change the world. (Peter Thiel Quotes) People are spending way too much time thinking about climate change, way too little thinking about AI. (Peter Thiel Quotes) Higher education holds itself out as a kind of universal church, outside of which there is no salvation. (Peter Thiel Quotes) College gives people learning and also takes away future opportunities by loading the next generation down with debt. (Peter Thiel Quotes) If they don’t go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers. (Peter Thiel Quotes) One of my friends started a company in 1997, seven years before Facebook, called SocialNet. And they had all these ideas, and you could be, like, a cat, and I’d be a dog on the Internet, and we’d have this virtual reality, and we would just not be ourselves. That didn’t work because reality always works better than any fake version of it. (Peter Thiel Quotes) Perfect competition’ is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand. (Peter Thiel Quotes) Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits. (Peter Thiel Quotes) I think competition can make people stronger at whatever it is they’re competing on. If we’re competing in some athletic event for competitive swimmers, really intensely competing, it’s likely that both of us will become better, but it’s also quite possible we’ll lose sight of what’s truly valuable. (Peter Thiel Quotes) Men and machines are good at different things. People form plans and make decisions in complicated situations. We are less good at making sense of enormous amounts of data. Computers are exactly the opposite: they excel at efficient data processing but struggle to make basic judgments that would be simple for any human. (Peter Thiel Quotes) Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it’s harder than it looks. (Peter Thiel Quotes) The model of the U.S. economy is that we are the country that does new things. (Peter Thiel Quotes) Creating value isn’t enough - you also need to capture some of the value you create (Peter Thiel Quotes) I would not describe myself as a super early adopter of consumer technology (Peter Thiel Quotes) Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it’s much more important than free trade. (Peter Thiel Quotes) In the developed world, technological progress means that you can have a situation where there’s growth, where there’s a way in which everybody can be better off over time. (Peter Thiel Quotes) I suspect if people live a lot longer they would be retired for a somewhat longer period of time. Just the financial planning takes on a very different character. (Peter Thiel Quotes) I spend an awful lot of time just thinking about what is going on in the world and talking to people about that. It’s probably one of my default social activities, just getting dinners with friends. (Peter Thiel Quotes) Seventy percent of the planet is covered with water, and there’s so much we can be doing with oceans, and it was one of the frontiers that people have more or less abandoned. (Peter Thiel Quotes) You don’t want to just do ‘me too’ companies that are copying what others are doing (Peter Thiel Quotes) I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it’s something you have to do around the clock, and that doesn’t compute with our existing educational system. (Peter Thiel Quotes) I believe that evolution is a true account of nature, but I think we should try to escape it or transcend it in our society. (Peter Thiel Quotes)

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