378 Quotes by Peter Thiel

It is sort of a bit of a caricature of capitalism, that it's always this zero-sum game where you have winners and losers. Silicon Valley, the technology industry at its best, creates a situation where everybody can be a winner.

The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete. You want to create a monopoly. We want to invest in a company that has a good plan to create a monopoly.

The value of failure is greatly over-rated. It's a preposterous myth.

My own answer to the contrarian question is that most people think the future of the world will be defined by globalization, but the truth is that technology matters more.

Unless you have perfectly conventional beliefs, it’s rarely a good idea to tell everybody everything that you know.

A good startup should have the potential for great scale built into its first design.

We might describe our world as having retail sanity, but wholesale madness.

The actual truth is that there are many more secrets left to find, but they will yield only to relentless searchers.

Network effects can be powerful, but you’ll never reap them unless your product is valuable to its very first users when the network is necessarily small.