“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.”

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About Peter Thiel

German-American entrepreneur, venture capitalist, and conservative political activist

Peter Thiel is a German-American entrepreneur, venture capitalist, and conservative political activist. He is known as a co-founder of PayPal, Palantir Technologies, and Founders Fund, and as Facebook's first outside investor. His work spans startups, investment, and politics, and his public profile is tied to the companies he helped build and back. Forbes estimated his net worth at US$37.7 billion as of October 2026.

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