This interview podcast features Peter Thiel, discussing his career trajectory, entrepreneurial ventures (PayPal, Palantir, investments in Facebook), and critiques of higher education and the current economic landscape. The conversation begins with Thiel's reflections on his elite education and subsequent disillusionment, leading into a discussion of the Thiel Fellowship, an alternative to traditional college. He then details the founding and sale of PayPal, highlighting the unconventional strategies employed, and contrasts this with his experience as an early investor in Facebook. Finally, Thiel shares his views on the current state of higher education, the role of government, and his perspectives on competition and diversification in business. A specific example is Thiel's description of PayPal's initial growth strategy: paying users to join the platform.
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