4. Focus on product, not sales - Peter Thiel

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Engraved portrait of Peter Thiel, facing right

4. Focus on product, not sales

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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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Any big market is a bad choice, and a big market already served by competing companies is even worse. This is why it’s always a red flag when entrepreneurs talk about getting 1% of a $100 billion market.

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