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Peter Thiel Quotes

Biography

Peter Thiel, born October 11, 1967, co-founded PayPal in 1998, serving as its CEO until its sale to eBay in 2002. He played a pivotal role in the company's development of secure online payment systems. In 2004, Thiel founded Palantir Technologies, a firm specializing in big data analytics, which has been instrumental in counter-terrorism operations and data analysis for government agencies. more Peter Thiel, born October 11, 1967, co-founded PayPal in 1998, serving as its CEO until its sale to eBay in 2002. He played a pivotal role in the company's development of secure online payment systems. In 2004, Thiel founded Palantir Technologies, a firm specializing in big data analytics, which has been instrumental in counter-terrorism operations and data analysis for government agencies. A savvy investor, Thiel made the first outside investment in Facebook in 2004, securing a 10.2% stake for $500,000. His book, "Zero to One," published in 2014, offers insights into startups and innovation. Thiel's influence extends through his role in the Thiel Fellowship, which supports young entrepreneurs. less

Popular Quotes

"Today’s best practices lead to dead ends; the best paths are new and untried"
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"We wanted flying cars, instead we got 140 characters"
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"In the most crowded market, a company must win"
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"Every great business is built around a secret that's hidden from the outside."
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"Long-term planning is often undervalued by our indefinite short-term world."
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"You are not a lottery ticket."
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"People don’t want to buy a quarter-inch drill. They want a quarter-inch hole."
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"Monopoly is the condition of every successful business."
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"The best startups might be considered slightly less extreme kinds of cults"
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"All failed companies are the same: they failed to escape competition"
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"Brilliant thinking is rare, but courage is even in shorter supply than genius"
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"A startup is the largest group of people you can convince of a plan to build a different future"
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"If you want to create and capture lasting value, don’t build an undifferentiated commodity business"
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"Competitive markets destroy profits"
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"Every moment in business happens only once"
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