An entrepreneur must deal with more uncertainty than a professional with a well-defined role.

Peter Thiel

Peter Thiel

Profession: Entrepreneur
Nationality: German

Some suggestions for you :

Technologies like PayPal foster competition because they enable people to shift their funds from one jurisdiction to another, and I think that ultimately will lead to a world in which there's less government power and therefore more individual control.

If the whole U.S. was like Silicon Valley, we'd be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.

When I moved to Cleveland, defense research was laying the foundations for the Internet. The Apollo program was just about to put a man on the moon - and it was Neil Armstrong, from right here in Ohio. The future felt limitless. But today, our government is broken.

My hope is that we're going to end up with a far more tolerant society, where the erosion of privacy, to the extent it erodes, will be offset by increased tolerance.

Anti-aging is an extremely under-explored field.

I believe that people are too complacent about technology.

If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That's why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done.

In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.

The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed.

Every correct answer is necessarily a secret: something important and unknown, something hard to do but doable.

People are worried about privacy, and its one of the reasons people are using a service like SnapChat.

I spend an awful lot of time just thinking about what is going on in the world and talking to people about that. It's probably one of my default social activities, just getting dinners with friends.

College gives people learning and also takes away future opportunities by loading the next generation down with debt.

'Perfect competition' is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand.