Long-term planning is often undervalued by our indefinite short-term world. - Peter Thiel

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Engraved portrait of Peter Thiel, facing right

Long-term planning is often undervalued by our indefinite short-term world.

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About Peter Thiel

Peter Andreas Thiel (born 11 October 1967) is a German-American billionaire entrepreneur, hedge fund manager, venture capitalist, philanthropist, political activist, and author. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Gage Skidmore (CC BY-SA)

Also Known As

Alternative Names: Peter Andreas Thiel Peter A. Thiel

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Additional quotes by Peter Thiel

Éstas son algunas de las malas respuestas: «Tus acciones valdrán más aquí que en ningún otro sitio»; «Trabajarás con la gente más inteligente del mundo»; «Puedes ayudar a resolver los desafíos más grandes del mundo».

We didn’t assemble a mafia by sorting through résumés and simply hiring the most talented people. I had seen the mixed results of that approach firsthand when I worked at a New York law firm. The lawyers I worked with ran a valuable business, and they were impressive individuals one by one. But the relationships between them were oddly thin.

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EVERY GREAT COMPANY is unique, but there are a few things that every business must get right at the beginning. I stress this so often that friends have teasingly nicknamed it “Thiel’s law”: a startup messed up at its foundation cannot be fixed.

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