By indirect proof, the New Economy of the internet was the … - Peter Thiel

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By indirect proof, the New Economy of the internet was the only way forward. MANIA: SEPTEMBER 1998–MARCH 2000 Dot-com mania was intense but short — 18 months of insanity from September 1998 to March 2000.

Peter Thiel

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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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The most contrarian thing of all is not to oppose the crowd but to think for yourself.

This is why so many small and medium-sized businesses don’t use tools that bigger firms take for granted. It’s not that small business proprietors are unusually backward or that good tools don’t exist: distribution is the hidden bottleneck.

As a founder, your first job is to get the first things right, because you cannot build a great company on a flawed foundation.

By indirect proof, the New Economy of the internet was the only way forward. MANIA: SEPTEMBER 1998–MARCH 2000 Dot-com mania was intense but short — 1… - Peter Thiel

About Peter Thiel

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