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"There's a sense in which technology is, by definition, non-repetitive. And every moment in technological history only happens once." -Peter Thiel
The next Bill Gates will not build an operating system. The next Larry Page won’t be making a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them.
Paypal co-founder and author of Zero to One: Notes on Startups, or How to Build the Future, Peter Thiel says the question to ask is not,“What Mark would do?” Instead, entrepreneurs of the digital age must ask: “What great business is nobody building?”
In this discussion, Peter Thiel shares how to build a company that moves beyond innovating off existing products and ideas, and instead creates something entirely new.
Peter Thiel is an entrepreneur and investor. He started PayPal in 1998, led it as CEO, and took it public in 2002, defining a new era of fast and secure online commerce. In 2004 he made the first outside investment in Facebook, where he serves as a director. The same year he launched Palantir Technologies, a software company that harnesses computers to empower human analysts in fields like national security and global finance. He has provided early funding for LinkedIn, Yelp, and dozens of successful technology startups, many run by former colleagues who have been dubbed the “PayPal Mafia.” He is a partner at Founders Fund, a Silicon Valley venture capital firm that has funded companies like SpaceX and Airbnb. He started the Thiel Fellowship, which ignited a national debate by encouraging young people to put learning before schooling, and he leads the Thiel Foundation, which works to advance technological progress and long- term thinking about the future.