YouSaid · the spoken record

Peter Thiel

lines on the record
72
first
2018-08-02
most recent
2018-08-02
sittings or episodes
1
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podcast

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  1. “Skipping ahead, there was this paragraph, and the noise left myself was the need to ask yourself the contrarian question. From 2007 to 2011, Peter Teal is thinking about the Gawker problem, as he had come to call it, and the language is illustrative. It's a problem, a social problem, a cultural problem, the MBTO. He's talking about Gawker not just intellectually, but about what can be done about it. He would discuss it in the office. He would discuss it with fellow Tech Moguls. Over dinners, he would ask the smartest people he knew. For a number of years after the various articles, the response was there's nothing we can do.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “My main objective to Gawker is still this moral individual one, that they hurt individuals, but there is a cultural critique too, I think. It's the kind of thing that's contributed to this sort of incredible homin. Oh, come on. I can do this. Homogenization, Peter says. What he fears is a culture that would deprive him of the freedom to think, to articulate his strange views. And a few paragraphs later, the note I left myself as the essential beginnings of conspiracy slash are anything new.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “So that little flippant maybe one minute comment is the first genesis of this idea that Peter winds up having to wait almost half a decade to put anything in action and then a full decade to actually strike that final blow. So that's the first act of the conspiracy. And I want to jump, I'm jumping ahead a few chapters. Like I always do. And I want to give you a short bio on Peter.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Some people that have personal communistic perspectives all the way to anarchy, I don't care about any of that. I just want to learn from people. And my personal opinions on those matters are not important. I do think that one important life skill is learning from people you disagree with. So I really don't take that into effect. But at the time this is happening, the first act of this conspiracy, Peter Till's largely unknown, at least I didn't know who he was. And this is back in 2009. There's this publication owned by Gawker called Valleywag. And for some reason, they publish a story and it says Peter Teal is totally gay people. So I guess at the time, friends and family knew he was gay, but it's not something he led with. He just wanted to be known as an entrepreneur and an investor. And Gawker, because Nick Denton has this personal philosophy of radical transparency that every”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Okay, so I'm going to skip ahead a few pages. This is the first act. That's the note I left myself. And what happened was at the time Peter Tale, I think, is relatively famous now, especially because he's made some weird choices to get involved in politics, which I don't think business and politics should be mixed personally. So this is not, this podcast is always, you know, I never mention politics. I don't care about it personally. And even if there's some people that have appeared on the podcast anywhere, even if they're successful at business, some of them are...”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “World where people are skeptical that you could start your own business. We see that because very few people are actually doing it now and it's going in the opposite direction of the direction I personally think it needs to go in. Now we're going to add on to this Ryan pulls some more stuff from Machiavelli. So it says Machiavelli said that a proper conspiracy moves through three distinct phases. The planning, the doing, and the aftermath. Again, a business, the planning, the doing, and the aftermath. Each of these phases requires different skills from organization to strategic thinking to recruiting, funding, aiming, secrecy, managing public relations, leadership, foresight, and ultimately knowing when to stop.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “So moving forward a couple pages, I put this note conspiracy equals founding a business, starting companies at a 40-year low, which is just I reference, and you'll understand what that means in a second. We're going to get to some direct quotes from Peter here. We live in a, this is Peter talking directly. We live in a world where people don't think conspiracies are possible. So again, I would say we live in a world where starting a business people don't think are possible. And I would argue that the data that this is occurring at a 40-year low, at least in the country I live in, to be some evidence of that. So we live in a world where people don't think conspiracies are possible to tell me. We tend to denounce conspiracy theories because we are skeptical of privileged claims to knowledge and of strong claims of human agency. There's that word again. Many people think they are not possible and they can't be pulled off. When I heard that and then went back and bought the book and then highlighted that section, I just look at that as businesses. We live in a world.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Nick Denton, the founder of Gawker. Over the last few years, he had gone from owning one of the most valuable independent websites in the world to being on the wrong side of a 140 million dollar judgment. This is Ryan's, now Ryan speaking again. He found himself outmaneuvered and outspent by a nemesis he deliberately prodded and provoked. So I guess, again, I didn't read Gawker when it existed, but it was basically a gossip brag. And so what they would do is just publish rumors, and sometimes those rumors are true, and sometimes they weren't.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Oh, one thing I want. Okay, so in addition to reading and studying this book and zero to one again, I also listened to several lectures to try to understand more about Peter Thiel, the ideas Peter Teal has. And then I also listened to the podcast that the author Ryan Holliday did on the book with Russ Roberts. And he said something I wrote down and left a note to myself. And he said he was describing his view of events and he used the phrase. It was ruthless efficiency and hypercompetence describing the conspiracy. And I would add it was Ruthless Sufficiency and Hyper Competence versus incompetent decision making. And this is just one example I'm going to give of many throughout the book, which I myself don't understand. Over the last few years, now they're talking about...”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “Of what was going on with Gawker in this lawsuit, well, it happened. It wasn't until I started reading this book and listening to it that I started looking into it. And I guess, as with anything, there's two sides. Some people are very supportive of what happened to Gawker and some people are left aghast. As far as I can tell the people that did not want to see this happen are confusing this with an abuse of the First Amendment, which If you look at, if you, once you study it, it has nothing to do with the First Amendment. If it was just a First Amendment claim, Gawker would have won. It's the Fourth Amendment. It's your right to privacy. And the fact that they publish something that was not only stolen, but recorded without permission and against Florida law. So let's jump over.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “I'm not going to cover a lot of this in the book because I'm mainly focused on the strategy and the ideas, but just give you some background later on the tape we hear that Bubba Love Spunch did it because he said he told his wife, hey, if we ever want to retire, we can use this tape basically to blackmail his so-called best friend. So let's go back now. I'm skipping ahead for a few paragraphs. And so what Ryan's doing here, just to let you know, he's starting at the end, and then we're going to go through how this works because the end is wildly known.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Okay, so let's jump to the introduction. And this is very interesting, the note I left myself is the power of books, something in these pages planted itself deep into Thiel's mind. And I'm sure I'm going to mispronounce his name over and over again and alternate between Tiel and Thiel. But, you know, if you listen to this podcast, you know I can't pronounce anything correctly. So I want to read you this part because obviously I'm an evangelist for reading more books and listening to more podcasts because I think that we are deeply memetic creatures and we have to be careful about what we expose ourselves to because what we expose ourselves to inevitably take root in our mind. So it's better to be spending our time learning than just kind of like endlessly trying to entertain ourselves and pass the little time we have on earth.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “And there's about 6 million jobs in the United States right now. There's a huge, huge skills gap. There's six million, I think he quotes 6 million, maybe 6.5 million jobs that are currently available in the United States and nobody's taking them. And most of them are trades. And so that's his answer to the wage problem. And I think there isn't obviously one solution. I'm just offering a different solution or something that I'm personally interested in that I think may be a solution.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  14. “Any kind of post secondary education, that's gone up in number, but also gone up in cost. And again, they're supposed to be going to, we're supposed to be going to college and doing more education so we can actually learn skills that are useful in work life. That's had basically zero effect on wages. So my answer to that would be we need to learn the skills and study what we can about how we can make our own living and actually keep most of the value that we create for ourselves as opposed to selling our time to an employer and letting them retain all the vast majority of the upside of our labor, our contributions, whatever that may be. In some sense, it's almost like the other side of the coin, there's this guy who has a podcast I love called Mike Rowe, and he tells these little stories, but you might know him from the popular show Dirty Jobs. And he has a foundation where his whole thing is.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  15. “Already existing companies to make those companies better. So I understand his point because his main thesis is that you should be striving for a monopoly. But my counterpoint to that is, no, no, no, we need much more people creating small businesses. Now, on this podcast, not many books are written about small, really small businesses. But that doesn't mean you can't take the lessons that are in the book from somebody who built a monopoly like John D. Rockefeller and apply it to whatever it is you're doing. So I would definitely say that I agree with what Holliday is saying here is that we need more boldness and less complacency. And the reason being is if you look especially from economic terms in the United States, wages have basically been stagnant since the 1970s. Yet education has gone through the roof. And if you look at a graph of the amount of people completing, let's say, college or”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  16. “through the complicated story of one almost unbelievably conspiratorial act. Please use it wisely. So right there, excuse me, Ryan is telling us what his answer to Peter Teal's contrarian question is. And part of my motivation for doing this podcast, and I would say part of my answer, my own answer to that question, is that we need more entrepreneurs and more people dictating the terms of their life and less. And it's interesting that we live in this technological age where I think a lot of people think that there's a lot of startups and more people doing their own thing, and at least in America, it's the exact opposite. As I'll talk about later on the podcast, right now we're at a near 40-year low in the creation of new businesses. And so I also disagree with Peter on one thing in zero to one where he talks about less people should start companies, less talented people should start companies and they should join.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  17. “So it's saying he's famous when you become associated with one question, which he uses in interviews and over long dinners. What important truth do very few people agree with you on? I'll give you mine to close this short preface. Perhaps we have too few conspiracies, not too many too little scheming rather than too much. What would happen if more people took up plotting, coordinating how to eliminate what they believe are negative forces and obstacles and tried to wield power in an attempt to change the world? We could almost always use more boldness and less complacency. We could use less telegraphing of our intentions, our ambitions, and see what secrecy, patience, and planning might accomplish. We could use a little more craziness and disruption, even from the people we disagree with. This book is my homage to that complicated idea.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  18. “People doing their own thing for a living, deviating from the norm. And what we're trying to do is we're trying to shape events rather than simply be shaped by them. What I would consider that is the person that shapes the events is the person that starts the project, founds the company, creates whatever it is it's making, as opposed to being shaped by them. That's more of the employees. And again, there's obviously nothing wrong with being an employee, but I think that if you're interested in listening to this podcast, even if you're not already running your own business or wanting to make your own living, you probably, even if you're not doing it already, you probably want to do it. All right, so let's go back to here. Conspiracy entails determined coordinated action done in secret, always in secret, that aims to disrupt the status quo or accomplish some aim. Again, right there, I think you can take out the word conspiracy and put in the word business.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  19. “project or art or whatever it is that you're making or that you want to do in life the reason that you would be listening to a podcast about about founders because to me yeah the story is very compelling and it is an interesting conspiracy but i think the same principles that apply from a successful conspiracy are the exact same principles that can lead to a successful business or endeavor whatever it is that that you want to do with your life at least that's what i took away from it when i was reading so as usual this is not meant to be a summary or a book review it's just me sharing some interesting parts that i highlighted that i leave notes on that i learned from in the hopes that when you listen to this you come away with something valuable um for your own life so let's go ahead and jump right into it i want to get into and this is the first time i want to get into ryan holliday's”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  20. “I knew very little about Gawker or anything about the trial and the underlying conspiracy. But once I started listening, the story was so compelling that I devoured the audiobook at, I think, 11 hours. I listened to the entire thing in like four days. And the entire time I was listening to it, I would hear echoes or reminders of some of the principles talked about in zero to one. So I decided that I'm going to do the podcast on Peter Teal using both the books. So I'm going to be talking about conspiracy first, and then we're going to see some of the principles that were applied successfully in this conspiracy. You're going to see them also resurface in zero to one. And the entire time of this podcast, what I want you to do is really when we're using the word conspiracy, think of the word business.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  21. “So that was a paragraph I came across while reading the book that I want to talk to you about today. Conspiracy Peter Teal, Hulk Hogan, Gawker, and the Anatomy of Intrigue by Ryan Holliday. And today is going to be a little different. Normally, each podcast that I do is centered around one book. Today's centered around two. So a few years ago, I read Peter Teal's book 0 to 1, which as far as business books go, contains almost no fluff. It's relatively short, but 180, 190 pages, something you could easily read in a weekend. And as I was halfway through a podcast on Jack Ma, the founder of Alibaba, I started listening to the audiobook of conspiracy. So before I listened to the book and then read it after.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source

  22. “I started making shorter podcasts because more people are likely to listen to thirty five minutes than two hours. But that is in direct conflict with my goal here. My goal is to find ideas in these books that are useful for founders, entrepreneurs, or anybody else trying to create something. There shouldn't be a time limit on that. So here's what I'm going to do. Every podcast I create will be ad free. I will release a new podcast every Monday, and every other podcast will be a premium episode available on Patreon. If you like this podcast and you want more, then you can easily get access. And no one has to listen to any ads, just useful ideas. So that's it. Without further ado, please enjoy what is my longest podcast to date. And as always, thanks for listening.”

    2018-08-02 · Founders · #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future · IDENTIFIED FROM THE TRANSCRIPT · source