Peter Thiel and Andy Kessler on the state of technology and innovation

Until recently, idea capital in tech was constrained, and mostly only accessible by startup founders. If you had an idea for improving public society that required money and talent to execute, and you didn’t do it as a startup, you either had to get the EA community to care about it, or – as the old joke goes – convince Peter Thiel to fund it.

“Peter Thiel is a contrarian, first and foremost. You just have to remember that contrarians are usually wrong.”In an email to Ryan Holiday, Peter responded as such: “Contrarians may be mostly wrong, but when they get it right, they get it really right.”