The spirit of entrepreneurship is one of the most important qualities a person can have in a globalized world. In this interview Peter Thiel describes how entrepreneurship helped him to become a successful investor. He describes the challenges he faced when he started his company and how he managed to overcome them. Finally, he explains how libertarian philosophy has influenced his businesses. Thiel says that his interest in the future stems from the fact that someday the future will be our present.
Peter Thiel
American entrepreneur Peter Thiel is the cofounder and former CEO of PayPal. He is also the founder of Thiel Capital Management, president of Clarium Capital, managing partner of The Founders Fund, and a member of the board of directors of Facebook. Thiel was executive producer of the film Thank you for Smoking and coauthor of the book The Diversity Myth: Multiculturalism and the Politics of Intolerance. He has published articles in the Wall Street Journal, First Things, and Forbes. He was awarded the Herman Lay Award for Entrepreneurship and was named a Young Global Leader by the World Economic Forum. Thiel holds a JD from Stanford University.
Interview with Peter Thiel by Jorge Jacobs and Maria Dolores Arias Peter Thiel
Special Collections Room Universidad Francisco Marroquín Guatemala, November 6, 2009
A New Media - UFM production. Guatemala, November 2009 Camera: Rodrigo Escalante, Joni Vasquez; digital editing: Claudia de Obregón, Mynor de Leon; index and synopsis: Sergio Bustamante; content reviser: Jennifer Keller; publication: Mario Pivaral/Carlos Petz
This work is licensed under a Creative Commons 3.0 License Este trabajo ha sido registrado con una licencia Creative Commons 3.0
Content
Initial credits
Introduction
How do you describe Peter Thiel?
What is an entrepreneur?
Was PayPal your first venture as an entrepreneur?
What did you have in mind when you started PayPal?
What were the main challenges you encountered?
What does it take to be a successful entrepreneur?
Should people do what they like to do?
Were you passionate about Facebook?
What do you take into consideration when you invest in a new company?
Have any of your investments failed?
Do you have a radical approach to management?
Has your approach to management changed since PayPal?
Have you applied libertarian ideas to your investments?
Are you a contrarian investor?
What kinds of new technologies do you think have a future in modern capitalism?
What is your view of the future?
Why are you a libertarian?
Are democracy and libertarianism incompatible?
Why are you so interested in the future?
Final words
Final credits
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