These lessons have become dogma in the startup world; those who would ignore them are presumed to invite the justified doom visited upon technology i… - Peter Thiel

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These lessons have become dogma in the startup world; those who would ignore them are presumed to invite the justified doom visited upon technology in the great crash of 2000. And yet the opposite principles are probably more correct: 1. It is better to risk boldness than triviality. 2. A bad plan is better than no plan. 3. Competitive markets destroy profits. 4. Sales matters just as much as product.

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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.

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Alternative Names: Peter Andreas Thiel Peter A. Thiel
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Additional quotes by Peter Thiel

No vas a aprender ese tipo de secretos de los consultores, y no debe preocuparte que tu compañía no tenga sentido para los profesionales convencionales. Es preferible que os tilden de culto, o incluso de mafia.

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La supervisión del consejo pone los planes de los gestores en una perspectiva más amplia. En la práctica, distribuir estas funciones entre personas distintas tiene sentido, pero también multiplica las opciones de que se produzca la desalineación.

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