The top 10 most inspiring quotes by Peter Thiel
- People are spending way too much time thinking about climate change, way too little thinking about AI.
- 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.
- Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.
- I had a good experience in college, but I don’t think interdisciplinary education is something that’s stressed very much at all. It’s generally considered to be something of a bad idea.
- It’s good to test yourself and develop your talents and ambitions as fully as you can and achieve greater success; but I think success is the feeling you get from a job well done, and the key thing is to do the work.
- If the whole U.S. was like Silicon Valley, we’d be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.
- Education is a bubble in a classic sense. To call something a bubble, it must be overpriced, and there must be an intense belief in it.
- ‘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.
- I’m not a politician. But neither is Donald Trump. He is a builder, and it’s time to rebuild America.
- In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
Peter Thiel is an American entrepreneur, investor, and political activist born on October 11, 1967, in Frankfurt, West Germany. He moved to the United States with his family during childhood and grew up in California. Thiel studied philosophy at Stanford University, earning a bachelor’s degree in 1989, followed by a law degree in 1992.
In 1998, he co-founded PayPal, an online payment company, with Max Levchin and others. After eBay acquired PayPal in 2002, Thiel became a prominent technology investor. He was the first outside investor in Facebook, investing $500,000 in 2004. He also co-founded Palantir Technologies, a data analytics company, in 2003, and established Founders Fund, a venture capital firm.
Thiel has invested in numerous technology startups and influenced Silicon Valley’s business culture. He is also known for his political views, support for conservative causes, and involvement in public debates about technology, society, and government. His career has made him a significant figure in the global technology and investment industries.
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