Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
Peter ThielConsider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
Peter ThielWhen you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
Peter ThielI think somehow people should be encouraged to think about a very long time horizon and I think this is true for businesses, it's true for governments and it's true for people doing things in the non-profit sector.
Peter Thiel