Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your task to figure out what that future history will be.
Peter ThielI'm skeptical of a lot of what falls under the rubric of education.... People are on these tracks. They are getting these credentials and it's very unclear how viable they are in many cases.
Peter ThielValue investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, itโs a good investment. Investors then just hope that those cash flows - and thus the companyโs value - donโt decrease faster than they anticipate.
Peter ThielSecrets are hard but solvable problems and we should talk about them. It's hard to work toward a radically better future if you don't believe in secrets.
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