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 ThielEverybody has a product to sellโno matter whether youโre an employee, a founder, or an investor. Itโs true even if your company consists of just you and your computer. Look around. If you donโt see any salespeople, youโre the salesperson.
Peter ThielWhen you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
Peter ThielI think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and to some extent, that increases asset values across the board, including in startups.
Peter ThielEVERY MOMENT IN business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin wonโt make a search engine. And the next Mark Zuckerberg wonโt create a social network. If you are copying these guys, you arenโt learning from them.
Peter Thiel