the more people believe in efficiency, the bigger the bubbles get.) - Peter Thiel

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the more people believe in efficiency, the bigger the bubbles get.)

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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

Also Known As

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

At no point does anyone in the chain know what to do with money in the real economy. But in an indefinite world, people actually prefer unlimited optionality; money is more valuable than anything you could possibly do with it. Only in a definite future is money a means to an end, not the end itself.

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El beneficio total neto que ganas de media en el transcurso de tu relación con un cliente (valor del ciclo de vida del cliente o VCC) debe superar la cifra que inviertes de media para adquirir un nuevo cliente (coste de adquisición del cliente o CAC).

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