If they don't go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers.
Peter ThielProbably the most extreme form of inequality is between people who are alive and people who are dead.
Peter ThielEvery business is successful exactly to the extent that it does something others cannot.
Peter ThielThe developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
Peter ThielYou have as much computing power in your iPhone as was available at the time of the Apollo missions. But what is it being used for? It’s being used to throw angry birds at pigs; it’s being used to send pictures of your cat to people halfway around the world; it’s being used to check in as the virtual mayor of a virtual nowhere while you’re riding a subway from the nineteenth century.
Peter Thiel