Peter Thiel
Peter Thiel
Peter Andreas Thielis a German-American entrepreneur, venture capitalist and hedge fund manager. Thiel co-founded PayPal with Max Levchin and Elon Musk and served as its CEO. He also co-founded Palantir, of which he is chairman. He was the first outside investor in Facebook, the popular social-networking site, with a 10.2% stake acquired in 2004 for $500,000, and sits on the company's board of directors...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth11 October 1967
CountryUnited States of America
I think what's always important is not to be contrarian for its own sake but to really get at the truth.
Every one of today's smartphones has thousands of times more processing power than the computers that guided astronauts to the moon.
I worked at a law firm in New York very briefly.
Contrarian thinking doesn't make any sense unless the world still has secrets left to give up.
I suspect Obama did not know he was recording Angela Merkel's cell phones.
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.
Ideally, I want us to be working on things where if we're not working on them, they won't happen; companies where if we don't fund them they will not receive funding.
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.
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.
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.
The millennial generation in the US is the first that has reduced expectations from those of their parents. And I think there is something decadent and declinist about that.
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.
I think it's a problem that we don't have more companies like Facebook. It shouldn't be the only company that's doing this well.
If you borrowed money and went to a college where the education didn't create any value, that is potentially a really big mistake.