If you can get just one distribution channel to work, you have a great business. If you try for several but don’t nail one, you’re finished. - Peter Thiel

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Engraved portrait of Peter Thiel, facing right

If you can get just one distribution channel to work, you have a great business. If you try for several but don’t nail one, you’re finished.

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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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Additional quotes by Peter Thiel

Da bi tvrtka imala vrijednost, mora rasti i izdržati, no mnogi se poduzetnici usredotočuju samo na kratkoročni rast. Njihov je izgovor isti: rast je lako izmjeriti, a izdržljivost nije.

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progress can take one of two forms. Horizontal or extensive progress means copying things that work — going from 1 to n. Horizontal progress is easy to imagine because we already know what it looks like. Vertical or intensive progress means doing new things — going from 0 to 1. Vertical progress is harder to imagine because it requires doing something nobody else has ever done. If you take one typewriter and build 100, you have made horizontal progress. If you have a typewriter and build a word processor, you have made vertical progress

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