Whenever I talk to people who founded a company, I often like to ask the prehistory questions 'When did you meet? How long have you been working before you started the company?' A bad answer is, 'We met at a networking event a week ago, and we started a company because we both want to be entrepreneurs.'

One of my first investments was $100,000 in a Web-based calendar startup - and I lost every dollar.

Unsolved problems are where you'll find opportunity. Energy is one sector with extremely urgent unsolved problems.

Peter Thiel Quotes