Peter Thiel Quotes


The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed.


Citations

Thiel, Peter, and Blake Masters. Zero to One: Notes on Startups, or How to Build the Future. Crown Business, 2014, p. 119.

Related Quotes

He includes himself as one of the fanatics. It is not totally a negative term. But it does recognize a focus and intense singularity of purpose which ironically rarely involves making large amounts of money. This is generally a consequence of the great companies creation and development and not th purpose and focus. It i almost aways to produce a change in the way society functions.


Peter Thiel
Peter Thiel
  • Born: October 11, 1967
  • Nationality: American
  • Profession: Businessman, Entrepreneur, Investor

Peter Andreas Thiel is a German-American billionaire entrepreneur and venture capitalist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. He was ranked No. 4 on the Forbes Midas List of 2014, with a net worth of $2.2 billion, and No. 391 on the Forbes 400 in 2020, with a net worth of $2.1 billion. In 2016, Thiel confirmed that he had funded Hulk Hogan in the Bollea v. Gawker lawsuit because Gawker had previously outed him as gay. The lawsuit eventually bankrupted Gawker.