Entering a slow-moving market can be a good strategy, but o… - Peter Thiel

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Entering a slow-moving market can be a good strategy, but only if you have a definite and realistic plan to take it over.

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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A product is viral if its core functionality encourages users to invite their friends to become users too.

But there is no reason why technology should be limited to computers. Properly understood, any new and better way of doing things is technology.

A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.

Entering a slow-moving market can be a good strategy, but only if you have a definite and realistic plan to take it over. - Peter Thiel

About Peter Thiel

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