Now itโs either about technology that doesnโt work or about technology thatโs used in bad ways. The anthology of the top twenty-five sci-fi stories in 1970 was, like, โMe and my friend the robot went for a walk on the moon,โ and in 2008 it was, like, โThe galaxy is run by a fundamentalist Islamic confederacy, and there are people who are hunting planets and killing them for fun.โ
Peter ThielMost people are average. Founders are not. Founders' traits seem to have an inverse normal distribution to them.
Peter ThielCompetition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.
Peter ThielIn the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
Peter ThielConsider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
Peter Thiel