People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.
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 ThielTechnology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
Peter ThielThere's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.
Peter ThielEvery universityโฆseem[s] to reassure you that โit doesnโt matter what you do, as long as you do it well.โ That is completely false. It does matter what you do. You should focus relentlessly at something youโre good at doing, but before that you must think hard about whether it will be valuable in the future.
Peter Thiel