The James Altucher Show

How to Build the Future | Peter Thiel

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Synopsis

"If you listen to only one podcast this year, this has to be the one." That's what James wrote after interviewing Peter Thiel in 2014 and, to begin 2023, we've remastered this classic episode for a new audience to experience. To one degree, this time-capsule episode immediately dates itself: Discussion about whether Uber can grow outside of San Francisco; Facebook was the most important social media company; talk of "new banking systems" doesn't revolve around cryptocurrencies and DFi.  Make it past the surface, however, and this episode provides 75 minutes of thoughtful and robust discourse around the principles which have made billions and created billionaires.Among the many lessons in today's episode:Capitalism and competition are antonyms. A capitalist to someone who's in the business of accumulating capital. Great companies do something unique, and because of this unique thing they have monopoly-like pricing power and can create value for all consumers.A company should start when they have a technology t