Peter Thiel Quotes
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We protect monopolies with copyright.
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You will never build a company on the scale of a Facebook or a Google if you sell it along the way.
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Don't bother starting the 10,000th restaurant in Manhattan. Find something to do that if you don't do it, it won't get done.
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A diploma is a dunce hat in disguise.
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If you have a business idea that's extremely easy to copy, that can often become something of a challenge or problem.
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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.
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Unsolved problems are where you'll find opportunity. Energy is one sector with extremely urgent unsolved problems.
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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.
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An entrepreneur must deal with more uncertainty than a professional with a well-defined role.
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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.
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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.
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Credentials are critical if you want to do something professional. If you want to become a doctor or lawyer or teacher or professor, there is a credentialing process. But there are a lot of other things where it's not clear they're that important.
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All of us have to work toward a definite future... that can motivate and inspire people to change the world.
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I think what's always important is not to be contrarian for its own sake but to really get at the truth.
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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.
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People always say you should live your life as if it were your last day. I think you should live your life as though it will go on for ever; that every day is so good that you don't want it to end.
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Anti-aging is an extremely under-explored field.
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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.
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I worked at a law firm in New York very briefly.
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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.
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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.
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Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.
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Is there something about the gay experience, being gay and the gay experience, that pushes us even more than other people toward competition?
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'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.