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
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.
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.
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.
Men and machines are good at different things. People form plans and make decisions in complicated situations. We are less good at making sense of enormous amounts of data. Computers are exactly the opposite: they excel at efficient data processing but struggle to make basic judgments that would be simple for any human.
I think what's always important is not to be contrarian for its own sake but to really get at the truth.
I think competition can make people stronger at whatever it is they're competing on. If we're competing in some athletic event for competitive swimmers, really intensely competing, it's likely that both of us will become better, but it's also quite possible we'll lose sight of what's truly valuable.
People are spending way too much time thinking about climate change, way too little thinking about AI.
Our society, the dominant culture doesn't like science. It doesn't like technology.
I suspect Obama did not know he was recording Angela Merkel's cell phones.
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.
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.
My only claim is that not all talented people should go to college and not all talented people should do the exact same thing.
I worked at a law firm in New York very briefly.
Wall Street is always too biased toward short-term profitability and biased against long-term growth.