Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your task to figure out what that future history will be.
Peter ThielRead
Topic
658 quotes
Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your task to figure out what that future history will be.
We were never lovers, and we never will be, now. I do not regret that, however. I regret the conversations we never had, the time we did not spend together. I regret that I never told him that he made me happy, when I was in his company. The world was the better for his being in it. These things alone do I now regret: things left unsaid. And he is gone, and I am old.
The display of grief makes more demands than grief itself. How few men are sad in their own company.
Being alone makes us stronger. That’s the honest truth. But it’s cold comfort, since even if I wanted company no one will come near me anymore.
I believe quite simply that the small company of the future will be as much a research organization as it is a manufacturing company.
Time is on your side when you own shares of superior companies.
Values can set a company apart from the competition by clarifying its identity and serving as a rallying point for employees. But coming up with strong values - and sticking to them - requires real guts.
Anybody, and any company, can have a big run of success once, but if you're going to repeat that over time, you need to be aware that you need to keep learning.
The twin sister to autonomy and freedom is responsibility and accountability. You cannot have one with out the other. If someone is given an area of responsibility, not only must they be set free to do it, they must also be held accountable for what they do. Accountability clarifies freedom. In the teams and companies where you see boundary confusion, power struggles, control, over-reaching of one's line of responsibility, you will also see lapses in accountability as well.
There's no use diversifying into unknown companies just for the sake of diversity. A foolish diversity is the hobgoblin of small investors. That said, it isn't safe to own just one stock, because in spite of your best efforts, the one you choose might be the victim of unforeseen circumstances. In small portfolios, I'd be comfortable owning between three and ten stocks.
Many companies aspire to change the world. But very few have all the elements required: talent, resources and perseverance. Microsoft has proven that it has all three in abundance.
There is something about building up a comradeship - that I still believe is the greatest of all feats - and sharing in the dangers with your company of peers. It's the intense effort, the giving of everything you've got. It's really a very pleasant sensation.
The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
My dream was actually just to have a computer some day. If I'd imagined that it meant starting a company to sell them, I probably would have avoided the whole thing.
Champions are pioneers, and pioneers get shot at. The companies that get the most from champions, therefore, are those that have rich support network so their pioneers will flourish. This point is so important it's hard to overstress. No support systems, no champions. No champions, no innovations.
I’m proud to be Japanese and I wanted my country to succeed. I believed my system was a way that could help us become a modern industrial nation. That is why I had no problem with sharing it with other Japanese companies, even my biggest competitors.
Companies, however_x000D_ unintentionally, choke the motivation out of their employees.
A holding company is a thing where you hand an accomplice the goods while the policeman searches you.
Don't let people tell you to do it this way. You are on the verge of figuring out hybrid models -- with companies and nonprofits, markets, government, crowd-sourced philanthropy. The capitalist system as we know it is not working.
Research indicates that workers have three prime needs: Interesting work, recognition for doing a good job, and being let in on things that are going on in the company.
The media is too concentrated, too few people own too much. There's really five companies that control 90 percent of what we read, see and hear. It's not healthy.
Subscribe for the occasional hand-picked quote. No noise.