A bad plan is always better than none

:

”Having a bad plan is always better than having no plan at all."

Peter Thiel shares his success rules. He co-founded PayPal with Elon Musk and served as CEO until its sale to eBay in 2002 for $1.5 billion. After the sale of PayPal, he founded Clarium Capital, a global macro hedge fund.

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  • Comments (10)
  • Tuan Tran
    Tuan Tran
    :

    Haven’t you heard of the PayPal Mafia?

    Tuan Tran
    Tuan Tran
    :

    They’re pretty famous in the tech world. You know people like Reid Hoffman and others that worked on PayPal went off and started other big tech companies. YouTube, Yelp, LinkedIn, and Tesla were started by the guys that worked on PayPal. 

    Bill Dahlberg
    Bill Dahlberg
    :

    Peter Thiel was Facebook’s first outside investor, he acquired a 10.2% stake for $500,000 in August 2004. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors.

    -wiki

    Jing Qian
    Jing Qian
    :

    No, what’s the PayPal mafia?

    David Martin
    David Martin
    :

    Yes, Peter and Elon Musk founded PayPal together and eventually sold it to EBay. 

    Jing Qian
    Jing Qian
    :

    I know that Peter Thiel invested big in Bitcoin. He invested $20 million in Bitcoin. He said it would be the digital equivalent of gold.

    Bryan Calaway
    Bryan Calaway
    :

    Yeah, I’d be set if I made a billion. 

    Eddie Drake
    Eddie Drake
    :

    Wow, he made a billion from $500k? That’s a really good investment. 

    Jing Qian
    Jing Qian
    :

    I didn’t know that. 

    Jing Qian
    Jing Qian
    :

    Hmm, so this is the guy that founded payapal? 

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