In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
Peter ThielEverybody has a product to sellโno matter whether youโre an employee, a founder, or an investor. Itโs true even if your company consists of just you and your computer. Look around. If you donโt see any salespeople, youโre the salesperson.
Peter ThielAnyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.
Peter ThielThe college kids should think hard about what they're doing. If you have a great idea for a company, there's no right time to start it, and it's often better to start it sooner rather than later. I went to Stanford undergrad and Stanford Law School, and if I had to do it over again, I might still do those things, but I wish I had asked the type of questions like, why I was doing it, was it just for the status and prestige, or was it because I was really interested in the substance of it.
Peter Thiel