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Letter "P" » Peter Thiel Quotes
«Hubris is an issue at every one of these Silicon Valley companies that are successful. I don't know if it's any worse at Google than it's been at other highly successful technology companies.»
«[In the book's first chapter, Jackson recalls a speech Thiel gave to Confinnity employees, just a few days after he began work, in which he described his hopes for PayPal to become a borderless private currency. He saw PayPal facilitating trade in currency for anyone with an Internet connection by enabling an instant transfer of funds from insecure currencies to more stable ones, such as U.S. dollars. Thiel explained to his young staff how governments had historically robbed their own citizens through inflation and currency devaluation. The very rich could always protect themselves by investing offshore. It's the poor and middle class, Thiel explained, who get screwed.] PayPal will give citizens worldwide more direct control over their currencies than they ever had before, ... It will be nearly impossible for corrupt governments to steal wealth from their people through their old means because if they try the people will switch to dollars or pounds or yen, in effect dumping the worthless local currency for something more secure.»
«It's a really good time to be an entrepreneur. If you have a halfway decent idea, you can get it completely funded.»