Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.
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 ThielUniversity administrators are the equivalent of subprime mortgage brokers selling you a story that you should go into debt massively, that it's not a consumption decision, it's an investment decision. Actually, no, it's a bad consumption decision. Most colleges are four-year parties.
Peter Thiel