A Quote by Peter Thiel

Investors are always biased to invest in things they themselves understand. So venture capitalists like Uber because they like driving in black town cars. They don't like Airbnb because they like staying in five-star hotels, not sleeping on people's couches.

Peter Thiel

Quote Topics

Car Airbnb Always Because Biased Black Couches Driving Five Hotels Invest Investors Like Not Sleeping People Sleeping Star Staying Themselves Things Town Uber Understand Venture Venture Capital Venture Capitalists

Quote Author

Peter Thiel
American - Businessman
Born: October 11, 1967

There's this idea that when you make a certain amount of money that you should be staying at four-star hotels and taking town cars. And believe me, I will take a town car every day, but there are some things where it's like, 'Is this necessary? Is this important?'

Mary Lambert

Early investors in Uber and Airbnb, though they remain private companies, have valued them at stratospheric multiples based largely on the notion that Uber will transform and dominate local transportation and Airbnb will revolutionize the hotel industry.

James B. Stewart

No hotels have gone out of business because of Airbnb... Airbnb is not a perfect substitute for a hotel. We excel at different things.

Nathan Blecharczyk

I understand when people think dressage is boring. But while your standard horse is like driving a Fiesta, our horses are like driving Formula One cars. I can't breathe without the horse reacting. You are training another being to become really responsive and athletic and powerful.

Lee Pearson

The next wave of the social graph is empowering services like Airbnb and Lyft that give people the chance to have that physical interaction. People are more open to that because of Airbnb. Airbnb took couch surfing and took an additional step.

John Zimmer

I don't like to see projects that are all black or all white. It's how life is. I do like to make sure that I do a nice black family film; that's like keeping my home base. I do other things, but I like to always come back to a positive family film, because of all the negative influences today.

Vivica A. Fox

I think I would have kept in contact with venture capital investors and entrepreneurs. I'm sure staying involved as something like a coach would be fun. If I handed over the reins to a successor, I wouldn't stick around [to pull strings] like a retired emperor.

Masayoshi Son

You’ll be all right. You’re strong. I know you’ll be okay because I like you and you can’t like someone who doesn’t like themself. The people I fear for are the ones who I don’t like because they hate themselves so much they won’t let anyone else like them either. But I do like you. I’ll miss you. And I know you’ll be okay.

Sarah Kane

I like staying in hotels. I like their tiny soap. I like to pretend it's regular-sized and my muscles are huge.

Jerry Seinfeld

You can see the most beautiful things from the observation deck of the Empire State Building. I read somewhere that people on the street are supposed to look like ants, but that's not true. They look like little people. And the cars look like little cars. And even the buildings look little. It's like New York is a miniature replica of New York, which is nice, because you can see what it's really like, instead of how it feels when you're in the middle of it.

Jonathan Safran Foer

We invest in things like the future, like our children, like education. In other words, we invest in things that we understand we will not see an immediate return of investment but everybody knows it will have a positive impact and you can easily measure it over the course of time. Your why is exactly the same thing.

Simon Sinek

When I'm travelling, I don't like hotels that much because the spaces they have are really small. So, I look for a homestay or an Airbnb property which is large enough where you could just stretch out to do your thing.

Milind Soman

At the end of the day, I got involved in all this because I enjoy driving cars and driving them as fast as possible. If I was going to be remembered for anything, I would like it to be for that.

Colin McRae

It's always baffled me why BET looks the way it does. This is Black Entertainment Television. Why are we up there, then, looking like idiots? It's because black people are marketing black people like that.

KRS-One

Cars are good for entrances and exits. And there is something about driving that is quite cliched in a funny way. I like Roy Orbison's video for I Drove All Night because it's so literal. It is just a man driving throughout the night. I like that silliness. To be in a video is a ridiculous thing. It's almost impossible to do it without any humour.