As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
Peter ThielPeople 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 ThielIn a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
Peter ThielThe developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
Peter Thiel