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Peter Thiel Quotes
Peter Thiel Quotes
Peter Thiel
American
Businessman
Born:
Oct 11
,
1967
Future
People
Technology
Think
World
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
The model of the U.S. economy is that we are the country that does new things.
Peter Thiel
Country
New Things
New
Economy
Does
Model
Things
Investors are always biased to invest in things they themselves understand. So venture capitalists like Uber because they like driving in black town cars. They don't like Airbnb because they like staying in five-star hotels, not sleeping on people's couches.
Peter Thiel
People
Car
Black
Sleeping
Airbnb
Staying
Invest
Driving
Investors
Hotels
Town
Like
Biased
Venture
Because
Understand
Always
Themselves
Capitalists
Things
Airbnb is undervalued.
Peter Thiel
Airbnb
Undervalued
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.
Peter Thiel
Education
Sense
Must
Classic
Something
Bubble
Call
Intense
Belief
There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising.
Peter Thiel
Finance
College
Argument
Ways
Those
Possibly
Administrators
Kinds
Some
Having
More
Misleading
Mortgages
Powerful
Advertising
Industry
Equally
Been
Lot
Against
Engaged
Used
Who
Even
Buyers
When parents have invested enormous amounts of money in their kids' education, to find their kids coming back to live with them - well, that was not what they bargained for.
Peter Thiel
Education
Money
Parents
Live
Enormous
Back
Kids
Find
Invested
Well
Coming
Them
Amount
I think people in Europe are generally pessimistic about the future. They have low expectations; they're not working hard to change things. When you're a slacker with a pessimistic view of the future, you're likely to meet those expectations.
Peter Thiel
Future
You
Change
People
Low Expectations
Think
Change Things
Meet
Those
About
Generally
Likely
Expectations
Low
Working
View
Working Hard
Hard
Pessimistic
Europe
Things
Every correct answer is necessarily a secret: something important and unknown, something hard to do but doable.
Peter Thiel
Important
Every
Unknown
Secret
Correct
Something
Answer
Hard
Necessarily
One of my first investments was $100,000 in a Web-based calendar startup - and I lost every dollar.
Peter Thiel
First
Lost
Every
Startup
Investments
Calendar
Dollar
Technologies like PayPal foster competition because they enable people to shift their funds from one jurisdiction to another, and I think that ultimately will lead to a world in which there's less government power and therefore more individual control.
Peter Thiel
Government
People
World
Competition
Will
Power
Control
Think
More
Individual
Lead
Like
Another
Because
Enable
Shift
Government Power
Ultimately
Jurisdiction
Which
Less
PayPal
Therefore
Foster
Technologies
Funds
Great investments may look crazy but really may not be.
Peter Thiel
Great
Crazy
Investments
Look
May
Really
People are spending way too much time thinking about climate change, way too little thinking about AI.
Peter Thiel
Time
Change
People
AI
Too Much
Thinking
Too
Too Much Time
Spending
Way
About
Climate
Climate Change
Little
Much
The first question we would ask if aliens landed on this planet is not, 'What does this mean for the economy or jobs?' It would be, 'Are they friendly or unfriendly?'
Peter Thiel
Alien
First
Jobs
Would
Would-Be
Economy
Does
Question
Friendly
Unfriendly
Mean
Landed
Ask
Planet
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
Time
Character
People
Financial
Live
Would
Would-Be
Somewhat
Takes
Retired
Longer
Period
Lot
Very
Suspect
Just
Different
Planning
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
Service
Financial
Challenge
Internet
Big
Difficult
Sign
Financial Services
Has-Been
Big Challenge
Been
Up
Very
Get
Customers
Your
Large
Large Numbers
Services
Numbers
My hope is that we're going to end up with a far more tolerant society, where the erosion of privacy, to the extent it erodes, will be offset by increased tolerance.
Peter Thiel
Hope
Privacy
Will
Tolerance
Society
Increased
More
Erosion
End
Up
Offset
Going
Where
Far
Tolerant
Extent
Every one of today's smartphones has thousands of times more processing power than the computers that guided astronauts to the moon.
Peter Thiel
Today
Moon
Power
Every
Guided
Astronauts
Thousands
More
Computers
Times
Than
Processing
To The Moon
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
Best
People
Important
Extreme
Considered
Slightly
Those
Kinds
About
Something
Tend
Outside
Wrong
Missed
Important People
Cults
Difference
Biggest
Biggest Difference
Might
Successful
Less
Right
Start-Up
Every American has a unique identity. I am proud to be gay. I am proud to be a Republican. But most of all, I am proud to be an American.
Peter Thiel
Gay
Every
Most
Identity
Proud
Am
American
Republican
Unique
Every American
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