Properly understood, technology is the one way for us to escape competition in a globalizing world. As computers become more and more powerful, they … - Peter Thiel

As computers become more and more powerful, they won’t be substitutes for humans: they’ll be complements.

Positively defined, a startup is the largest group of people you can convince of a plan to build a different future.

The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make that happen, and it’s harder than it looks.

U.S. companies are letting cash pile up on their balance sheets without investing in new projects because they don’t have any concrete plans for the future.