American - Businessman | October 11, 1967 -
We protect monopolies with copyright.
Peter Thiel
ProtectCopyrightMonopolies
College gives people learning and also takes away future opportunities by loading the next generation down with debt.
LearningFuturePeopleCollegeDown
There's absolutely no bubble in technology.
TechnologyBubbleAbsolutely
I believe, basically, that individual freedom is very important.
FreedomBelieveImportantI Believe
The big challenge with Internet financial services has been that it's very difficult to get large numbers of customers to sign up for your service.
ChallengeServiceFinancialInternet
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.
BestPeopleWrongImportantMissed
Wall Street is always too biased toward short-term profitability and biased against long-term growth.
GrowthWallStreetAlwaysAgainst
If you borrowed money and went to a college where the education didn't create any value, that is potentially a really big mistake.
EducationMoneyValueCollegeYou
Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.
PositiveReputationThinkBadNew
Don't bother starting the 10,000th restaurant in Manhattan. Find something to do that if you don't do it, it won't get done.
RestaurantYouFindDoneStarting
In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
MoneyWorldProblemYouWealthDebt
The millennial generation in the US is the first that has reduced expectations from those of their parents. And I think there is something decadent and declinist about that.
ParentsExpectationsThinkGeneration
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