When 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 ThielDarwinism may be a fine theory in other contexts, but in startups, intelligent design works best.
Peter ThielI do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.
Peter Thiel