378 Quotes by Peter Thiel

Customers won’t care about any particular technology unless it solves a particular problem in a superior way. And if you can’t monopolize a unique solution for a small market, you’ll be stuck with vicious competition.

Unsolved problems are where you'll find opportunity. Energy is one sector with extremely urgent unsolved problems.

We live in a world in which courage is in less supply than genius.

There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.

Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.

It's a horribly mismanaged company-probably a lot of pot smoking going on there.

Today's 'best practices' lead to dead ends; the best paths are new and untried.

A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.

One of my first investments was $100,000 in a Web-based calendar startup - and I lost every dollar.