Visionary:Peter Thiel
Peter Thiel
Biography
Co-founder of PayPal and Palantir, venture capitalist, contrarian thinker.
Category
Venture Capitalist
Notable Quotes
On Productivity Paradox in Digital Age
"We wanted flying cars, instead we got 140 characters."
—Peter Thiel, Founders Fund Manifesto (2011), October 2011 Link
On Network Effects and Platform Monopolies
"Competition is for losers. If you want to create and capture lasting value, look to build a monopoly."
—Peter Thiel, Zero to One (2014), p. 34, Crown Business
On Creative Destruction in AI Era
"Every moment in business happens only once. The next Bill Gates will not build an operating system."
—Peter Thiel, Zero to One (2014), p. 1, Crown Business
On Digital Currency and Monetary Policy
"Crypto is libertarian, AI is communist."
—Peter Thiel, Bitcoin 2022 Conference (2022), April 7, 2022, Miami
On Innovation Cycles and Market Bubbles
"The most contrarian thing of all is not to oppose the crowd but to think for yourself."
—Peter Thiel, Zero to One (2014), p. 22, Crown Business