if you want to create and capture lasting value, don’t build an undifferentiated commodity business - Peter Thiel

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if you want to create and capture lasting value, don’t build an undifferentiated commodity business

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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

Also Known As

Alternative Names: Peter Andreas Thiel Peter A. Thiel
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Additional quotes by Peter Thiel

What does a company with large cash flows far into the future look like? Every monopoly is unique, but they usually share some combination of the following characteristics: proprietary technology, network effects, economies of scale, and branding.

Una buena estrategia empresarial de ventas empieza siendo pequeña, como debe ser: un nuevo cliente puede estar de acuerdo en convertirse en tu mejor cliente, pero rara vez estará a gusto firmando un acuerdo completamente fuera de escala con respecto a lo que has vendido anteriormente.

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