He's an
American entrepreneur, venture capitalist, hedge fund manager, and social critic.
He co-founded PayPal with
Max Levchin and
Elon Musk and served as its
CEO.
He was ranked #4 on the
Forbes Midas List of 2014 at $
2.2 billion.
He's
Peter Thiel and here are his Top 10
Rules for
Success.
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1. You are the entrepreneur of your life
He studied
20th-century philosophy as an undergraduate at
Stanford University.
2. Do one thing uniquely well
An avowed libertarian, he founded
The Stanford Review in
1987.
3. Make sure people align properly
He formed friendships with other students at Stanford, many of whom contributed to the
Stanford Review. Some of these friends later took up jobs at PayPal and became part of the
PayPal Mafia.
4. Aim for monopoly
In
1998 Thiel co-founded PayPal. It went public on
February 15,
2002, and was sold to eBay for $1.5 billion later that year.
5.
Don't be a fake entrepreneur
He was the first outside investor in Facebook, with a 10.2% stake acquired in
2004 for $
500,
000.
6. Value substance over status
In addition to Facebook, Thiel has made early-stage investments in numerous startups, including Booktrack, Linkedln, Friendster, Yammer,
Yelp,
Palantir Technologies,
Big think.
7. Don't lose sight of what's valuable
In
February 2013, Thiel received a TechCrunch Crunchie
Award for
Venture Capitalist of the year.
8. Trends are overrated
He was a US-rated
Chess Master and one of the highest ranked under-21 players in the country.
9. Don't dwell on the past
He's a managing partner in
Founders Fund, a venture capital fund with $2 billion in assets under management.
10.
Find the secret path
In
2010 he created the Thiel Fellowship, which will award $
100,000 to 20 people under 20 years old, to spur them to drop out of college and create their own ventures.
Source:
https://youtu.be/RZbPAi03BDw
https://youtu.be/QodiZyWiz48
https://youtu.be/6kGND-uZolY
https://youtu.be/rFZrL1RiuVI
https://youtu.be/4FazR4wpHus
https://youtu.be/mgXKq9i9bjw
https://youtu.be/d16ivyQNWTA
Changwon Chung:
Peter Thiel!!!
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- published: 25 Sep 2015
- views: 19914