Peter Thiel on being a contrarian
This Week in Startups0 HN recommenders · 2015–2018
299K views · interview · dated · Uploaded 2015-03-16
Jason Calacanis interviews Peter Thiel at LAUNCH Festival 2015 about contrarian thinking, investing, and building companies such as PayPal, Palantir and Facebook.
HN mostly cites it for specific anecdotes, such as Thiel's early Facebook investment and how he thinks about the future, not as a general recommendation.
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Hi everyone, I'm Hussein, the CEO of Transpose. Thanks for the feedback, positive and negative. The idea behind Transpose is the lack of options between something as simple and ubiquitous as note taking apps like Evernote and fully fledged database solutions like FileMaker and Access. What we found out from our research is the a lot of use cases and critical applications should have been built on a database if it was feasible, affordable, cloud based and anyone can build without the need of hiring a software house or even dedicating an enterprise IT department to build something from scratch. People have been tracking orders, leads, assets and even critical project planning on various apps including even Evernote which is not designed for those use cases. With Transpose we are also tackling the growing epidemic of having a dozen of different apps all stitched together somehow duplicating the data across and demanding the team to learn and use each one of them just to visualize information differently; like Trello on boards, spreadsheets in table form, notes just for ease and cross platform functionality. We shooting high aiming to disrupt and fix that as well. If the data is structured and we extract all this extra metadata on top of that automatically so why not utilize your data and get as much value out of it? Here is a quick intro video on Transpose [LINK] We have all sort of amazing technology working seamlessly behind the scene. Text Analytics, Entity Extraction, Voice
Peter Thiel said recently in an interview[0] that when he made his initial $500K investment in Facebook at a $5M valuation in September 2004, he thought it would be big on college campuses, but didn't anticipate how successful it would actually become. 0: [VIDEO]
> People always assume that the future will simply be like present only more so. Thanks for your thought. It reminded me a little bit about an interview with peter thiel where he responded to a question about the future. I guess popular culture in tech moves past ideas rather quickly and generally seems to jump from trend to trend until realizing the value of a trend. [VIDEO]