Showing posts with label Thiel. Show all posts
Showing posts with label Thiel. Show all posts

Thursday, October 23, 2014

Thiel



Seven Takeaways from Marc Andreessen's Interview With Peter Thiel
The eBay acquisition of PayPal was famously drawn-out and, in fact, took five separate negotiations to finally complete. .... "In June 2002, there was this eBay convention in Anaheim. We managed to get a booth there even though they weren’t that friendly to us at the time, so we sent 30 people down to the convention. And we handed out all these PayPal T-shirts. They saw all their power sellers wearing PayPal T-shirts, and at that point, they decided to buy the company.” ......... how Musk crashed his uninsured million-dollar sportscar with Thiel in the passenger seat on the way to a venture capital meeting
http://a16z.com/2014/10/17/a16z-podcast-the-definite-optimism-of-peter-thiel/

Thiel is a big picture person. He has a stellar track record. And he paints in broad strokes.