I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.
Peter ThielIf you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily a well-defined market to pay people.
Peter ThielWe cannot take for granted that the future will be better, and that means we need to work to create it today.
Peter ThielSecrets are hard but solvable problems and we should talk about them. It's hard to work toward a radically better future if you don't believe in secrets.
Peter ThielHad 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 ThielThere is perhaps no specific time that is necessarily right to start your company or start your life. But some times and some moments seem more auspicious than others. Now is such a moment. If we donโt take charge and usher in the future - if you donโt take charge of your life - there is the sense that no one else will.
Peter Thiel