Peter Thiel Quotes
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I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
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Great things happen only once.
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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?'
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I would like to live longer, and I would like other people to live longer.
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When I was a kid, the great debate was about how to defeat the Soviet Union. And we won. Now we are told that the great debate is about who gets to use which bathroom. This is a distraction from our real problems. Who cares?
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Spiraling demand for resources of which our world contains a finite supply is the great long-term threat posed by globalisation. That is why we need new technology to relieve it.
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I would not describe myself as a super early adopter of consumer technology.
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Whenever I talk to people who founded a company, I often like to ask the prehistory questions 'When did you meet? How long have you been working before you started the company?' A bad answer is, 'We met at a networking event a week ago, and we started a company because we both want to be entrepreneurs.'
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People are worried about privacy, and its one of the reasons people are using a service like SnapChat.
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If you're trying to develop a new drug, that costs you a billion dollars to get through the FDA. If you want to start a software company, you can get started with maybe $100,000.
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Every one of today's smartphones has thousands of times more processing power than the computers that guided astronauts to the moon.
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Airbnb is undervalued.
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Our society, the dominant culture doesn't like science. It doesn't like technology.
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There's absolutely no bubble in technology.
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Creating value isn't enough - you also need to capture some of the value you create.
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I'm very pro-science and pro-technology; I believe that these have been key drivers of progress in the world in the last centuries.
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I think society is both something that's very real and very powerful, but on the whole quite problematic.
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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.
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We live in a world in which courage is in less supply than genius.
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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.
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In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
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I do think there is this danger that our society has made its peace with decline. I'd like to jolt them out of their complacency a little bit.
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Facebook succeeded because it was about real people having a presence on the Internet. There were all these other social networking sites people had, but they were all about fictional people.
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Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.