The millennial generation in the US is the first that has reduced expectations from those of their parents. And I think there is something decadent and declinist about that. Peter Thiel decadentdeclinistexpectation Change image and share on social
If you're trying to develop a new drug, that costs you a billion dollars to get through the FDA. If you want to start a software company, you can get started with maybe $100,000. Peter Thiel 000billioncompany Change image and share on social
An entrepreneur must deal with more uncertainty than a professional with a well-defined role. Peter Thiel dealdefineentrepreneur Change image and share on social
When I moved to Cleveland, defense research was laying the foundations for the Internet. The Apollo program was just about to put a man on the moon - and it was Neil Armstrong, from right here in Ohio. The future felt limitless. But today, our government is broken. Peter Thiel apolloarmstrongbreak share on social
Investors are always biased to invest in things they themselves understand. So venture capitalists like Uber because they like driving in black town cars. They don't like Airbnb because they like staying in five-star hotels, not sleeping on people's couches. Peter Thiel airbnbbiasblack share on social
I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion. Peter Thiel aversionbasicallyenvironmentalism Change image and share on social
In 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 Thiel 30sgrowthhappen Change image and share on social
Spiraling demand for resources of which our world contains a finite supply is the great long-term threat posed by globalisation. That is why we need new technology to relieve it. Peter Thiel demandfiniteglobalisation Change image and share on social
I believe if we could enable people to live forever, we should do that. I think this is absolute. Peter Thiel absoluteenableforever Change image and share on social
The model of the U.S. economy is that we are the country that does new things. Peter Thiel countryeconomymodel Change image and share on social
