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“ ”Spreading old ways to create wealth around the world will result in devastation, not riches.
About Peter Thiel
Peter Andreas Thiel (born 11 October 1967) is a German-American billionaire entrepreneur, hedge fund manager, venture capitalist, philanthropist, political activist, and author. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.
Biography information from Wikiquote
Additional quotes by Peter Thiel
Startups operate on the principle that you need to work with other people to get stuff done, but you also need to stay small enough so that you actually can.
Propiedad: ¿quién es legalmente dueño de la compañía? • Posesión: ¿quién dirige realmente la compañía a diario? • Control: ¿quién gobierna formalmente los asuntos de la empresa?
When we think about the future, we hope for a future of progress. That progress can take one of two forms. Horizontal or extensive progress means copying things that work — going from 1 to n. Horizontal progress is easy to imagine because we already know what it looks like. Vertical or intensive progress means doing new things — going from 0 to 1. Vertical progress is harder to imagine because it requires doing something nobody else has ever done. If you take one typewriter and build 100, you have made horizontal progress. If you have a typewriter and build a word processor, you have made vertical progress.