Peter Thiel Founders Fund

What Peter Thiel, Founders Fund says about topics vital to entrepreneurs

Peter Thiel Posts – Titles

Peter Thiel Posts – Titles (5 posts)

 

The Single Most Powerful Pattern in Successful People

A New Company’s Most Important Strength

Answers to Contrarian Questions Look into the Future

How to Create and Capture Lasting Value

Courage is in Even Shorter Supply than Genius

Answers to Contrarian Questions Look into the Future

Peter Thiel General Partner Founders Fund and former entrepreneur

“Our contrarian question- What important  truth do very few people agree with you on? – is difficult to answer directly.  It may be easier to start with a preliminary: what does everybody agree on? [] If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.” 

“The most contrarian thing of all is not to oppose the crowd but to think for yourself.”

“The business version of our contrarian question is: what valuable company is nobody building?  This question is harder than it looks, because your company could create a lot of value without becoming very valuable itself.  Creating value is not enough – you also need to capture some of the value you create.” 

“Most answers to the contrarian question are different ways of seeing the present; good answers are as close as we can come to looking into the future.”  Peter Thiel, Zero to One, copyright 2014, pg 12, 22, 23, 6

A New Company’s Most Important Strength

Peter Thiel General Partner Founders Fund and former entrepreneur

“A new company’s most important strength is new thinking []. This book is about the questions you must ask and answer to succeed in the business of doing new things [].  Because that is what a startup has to do: question received ideas and rethink business from scratch.”   Peter Thiel, Zero to One, copyright 2014, pg 10-11

The Single Most Powerful Pattern in Successful People

Peter Thiel General Partner Founders Fund and former entrepreneur

“[] this book [Zero to One] offers no formula for success. [] because every innovation is new and unique, no authority can prescribe in concrete terms how to be innovative.  Indeed, the single most powerful pattern I have noticed is that successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas.”   Peter Thiel, Zero to One, copyright 2014, pg 2-3