A Quote by Peter Thiel

For a new payment product, you always have to ask, how much better is it than the current solution? So when we started Paypal, for eBay micro merchants, it was much better than getting the 7 to 10 days process of cashing a check in the mail. When you look at stores or physical worlds, places, a lot of these places are already set up to take cash or credit card. Apple Pay may be an incremental improvement, maybe a little bit better. But when you have something that's pretty good and you go to something that's perfect, sometimes it's very hard to drive adoption because the delta is not that big.

Peter Thiel

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Adoption Always Apple Ask Because Better Big Bit Card Cash Check Credit Credit Card Current Days Delta Drive Ebay Getting Go Good Hard How How Much Improvement Incremental Little Little Bit Look Lot Mail May Maybe Merchants Micro Much New Pay Payment PayPal Perfect Physical Physical World Places Pretty Pretty Good Process Product Set Solution Something Sometimes Started Stores Take Than Up Very Worlds

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Peter Thiel
American - Businessman
Born: October 11, 1967

Some people take better care of their car than they do of their body. Most people, in fact, pay little attention to their body until something goes wrong. Yet why create that kind of situation? Look at what you are eating. How much and how often do you exercise? When was your last check-up? Are you treating your physical vehicle as if it is divine? Good for you if you are. If you aren't...why not?

Neale Donald Walsch

It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.

John Ruskin

I do think there is a lot of potential if you have a compelling product and people are willing to pay a premium for that. I think that is what Apple has shown. You can buy a much cheaper cell phone or laptop, but Apple's product is so much better than the alternative, and people are willing to pay that premium.

Elon Musk

If you're entering anything where there's an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can't be a little bit better, because then you put yourself in the shoes of the consumer... you're always going to buy the trusted brand unless there's a big difference.

Elon Musk

The rhyme always knows better than you, and leads you to places where you wouldn't otherwise have gotten to and that is absolutely the case. Leading off from formal poetry, there is something about when you pay attention to form and you allow it to have its own laws and you listen to those laws you really do end up in places you wouldn't otherwise go. Which isn't to say that I believe in following the rules when I write. I don't. Each of the forms in my books feels to me new.

Nicole Krauss

And there are some - Bernie [Ecclestone] and others - who are embracing new technologies. When Sky UK started to broadcast there was an argument that audience would come down because it is pay TV. But the actual quality of the production and the use of technology and the engagement of the viewer is much better than it ever was. The product is simply better.

Martin Sorrell

A pretty girl is better than a plain one. A leg is better than an arm. A bedroom is better than a living room. An arrival is better that a departure. A birth is better than a death. A chase is better than a chat. A dog is better than a landscape. A kitten is better than a dog. A baby is better than a kitten. A kiss is better than a baby. A pratfall is better than anything.

Preston Sturges

For merchants, it is an amazing opportunity. Compared to Paypal, crypto has no credit card fees, no charge backs, no 'Oops, we decided to hold your cash for 3-12 months while we investigate something we can't disclose.'

Gil Penchina

Maybe one of the most heartening findings from the psychology of pleasure is there's more to looking good than your physical appearance. If you like somebody, they look better to you. This is why spouses in happy marriages tend to think that their husband or wife looks much better than anyone else thinks that they do.

Paul Bloom

I balance things better and don't kill myself so much, but conflict makes me a more interesting actress to watch. The places I go to pull emotions from, I think if you have a perfect, happy life, you just don't have those places. And I want those places. I'm proud of those places.

Vanessa Marcil

Americans have so much natural entrepreneurial drive. The caveat is that it is technology that should be a tool making lives better in the real world, and in line with the American spirit of getting better and better at something, whether it's curing cancer or creating a better taxi service.

Michael Burry

Yet in truth the big question Camus asked was never the Anglo-American liberal one: How can we make the world a little bit better tomorrow? It was the grander French one: Why not kill yourself tonight? That the answers come to much the same thing in the end-easy does it; tomorrow may be a bit better than today; and, after all, you have to have a little faith in people-doesn't diminish the glamour that clings to the man who turned the question over and look at it, elegantly, upside down.

Adam Gopnik

If you want to spend more money in restaurants, use credit cards more than cash. If you want to spend less, use cash more than credit cards. But in general, we can think about how to use the pain of paying and how much of it do we want. And I think we have like a range. Credit cards have very little pain of paying, debit cards have a little bit more because you feel like today, at least it is coming out of your checking account, and cash has much more.

Dan Ariely

The primary thing that any technology startup must do is build a product that's at least 10 times better at doing something than the current prevailing way of doing that thing. Two or three times better will not be good enough to get people to switch to the new thing fast enough or in large enough volume to matter.

Ben Horowitz

The only way to achieve something in the interior world is let-go - a kind of effortlessness, a relaxation. It is not a doing; it is nondoing. It is not action; it is inaction. And it seems difficult because everybody from the very beginning is told, `Do something; don`t just go on sitting there! Something is always better than nothing.` In the inner world these are not the laws. Nothing is better than everything.

Rajneesh

I have a lot more energy than I used to have. I sleep better. I like the way I look in my clothes better. I don’t cramp as much. I exercise better. I think my circulation has gotten better.

Samuel L. Jackson

A Quote by Peter Thiel

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