In our time, the great task for libertarians is to find an escape from politics in all its formsโfrom the totalitarian and fundamentalist catastrophes to the unthinking demos that guides so-called โsocial democracy.โ . . . We are in a deadly race between politics and technology. . . . The fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom that makes the world safe for capitalism.
Peter ThielCompetition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.
Peter ThielWhen you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that will sort of move the dial. And there's this sort of weird effect where the larger a company gets, the harder it is to come up with any new product that really moves the dial.
Peter Thiel