This was a huge red flag, because real technologists wear T-shirts and jeans. So we instituted a blanket rule: pass on any company whose founders dre… - Peter Thiel

The most obvious clue was sartorial: cleantech executives were running around wearing suits and ties. This was a huge red flag, because real technologists wear T-shirts and jeans.

The most obvious clue was sartorial: cleantech executives were running around wearing suits and ties. This was a huge red flag, because real technologists wear T-shirts and jeans. So we instituted a blanket rule: pass on any company whose founders dressed up for pitch meetings.

real technologists wear T-shirts and jeans.

Dígame una verdad importante para usted con la que concuerden muy pocas personas»)

less than 1% of new businesses started each year in the U.S. receive venture funding, and total VC investment accounts for less than 0.2% of GDP. But the results of those investments disproportionately propel the entire economy. Venture-backed companies create 11% of all private sector jobs.

Identity is a very strange concept. It can mean two opposite things. It can mean that which makes you unique and it can mean that which makes you identical.

There are all these different experiences people have. There is an African American experience, there is a women’s experience, there is a gay experience… You don’t want to pretend that it does not exist and you don’t want to make it all-important. It is very hard for us to find the right way to talk about this.

As a gay person I don’t want to be in the closet, but I also don’t want to be in the ghetto. The closet and the ghetto are exclusive – those are two different possibilities – but I hope they are not exhaustive, that those are not the only two.