There's been a lot companies that have shown "zero to one" kind of growth in the computer, internet software age. Facebook and Google are zero to one companies. Apple's iPhone was the first smartphone that really works, and of course, then you scale it horizontally, but the vertical component was really critical. Space X would also be one.
Peter ThielIn our time, the great task for libertarians is to find an escape from politics in all its formsโfrom the totalitarian and fundamentalist catastrophes to the unthinking demos that guides so-called โsocial democracy.โ . . . We are in a deadly race between politics and technology. . . . The fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom that makes the world safe for capitalism.
Peter ThielThe debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.
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? Itโs being used to throw angry birds at pigs; itโs being used to send pictures of your cat to people halfway around the world; itโs being used to check in as the virtual mayor of a virtual nowhere while youโre riding a subway from the nineteenth century.
Peter ThielFor Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter; true heroes take their personal honor so seriously they will fight for things that donโt matter.
Peter ThielDistribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
Peter Thiel