A great company is a conspiracy to change the world; when you share your secret, the recipient becomes a fellow conspirator. - Peter Thiel

A great company is a conspiracy to change the world;

I think the future is something that always has to be thought of in relatively concrete terms — and it has to be different from the present ... Only something that's different from the present and very concrete can have any sort of charismatic force. Looking at Western Europe, I would say, there are ... basically three plausible futures on offer. Number one is Islamic sharia law, and if you're a woman you get to wear a burqa. Number two is totalitarian AI à la China, where the computers track you in everything you do — all the time — and that's kind of creepy. So the Eye of Sauron, to use the Lord of the Rings reference, is watching you at all times. And then the third one is hyper-environmentalism, where you drive an e-scooter and you recycle. And even though I'm not a radical environmentalist ... if those are the three choices, I think you can understand why the Green Movement is winning — because those are the three visions of the future we have. And the challenge on the conservative or libertarian side is to offer something that is a picture of the future that's different from these two dystopian and one somewhat stagnant one.

Your company needs to sell more than its product. You must also sell your company to employees and investors.

The best thing I did as a manager at PayPal was to make every person in the company responsible for doing just one thing. Every employee’s one thing was unique, and everyone knew I would evaluate him only on that one thing. I had started doing this just to simplify the task of managing people. But then I noticed a deeper result: defining roles reduced conflict. Most fights inside a company happen when colleagues compete for the same responsibilities.