Day 5 : Competition is for Losers - Insights from Peter Thiel (PayPal, Palantir, Founders Fund)
• Aim for monopolies, not perfect competition
• Capture massive value, don't just create it
• Being the "last mover" dominating a market is better than
Peter Thiel Says AI is Bad News for People with Maths Skills, Not Writers, here’s how:
Peter Thiel believes that AI advancements in solving math problems will negatively impact individuals with strong math skills but benefit those in the field of wr
The Thiel Fellowship
The Thiel Fellowship, founded by investor Peter Thiel, grants $100,000 over two years to young people (22 and under) to leave college and pursue their own projects. This could be starting a business, scientific research, or socia
In 2011, Peter Thiel started giving people money to drop out of college.
The result?
$250B produced in value.
Figma, Ethereum, Loom, and over 250 companies were born.
Here's how one man destroys the traditional education system :
Peter Thiel, c
What Peter Thiel Looks for Before Joining a Startup
Peter Thiel says the people you work with are more important than anything else. He asks:
“Do you like them? Could you be friends with them?”
He shares a story about a law firm where “everyone ha
It is easier to start a hard company than an easy one.
Sam Altman, CEO of OpenAI, once said, “It’s easier to start a hard company than an easy one.”
This might sound strange, but let me explain why it makes sense.
When you solve a hard problem, f