Peter Thiel on the Red Flags He Avoids in Startup Investing — inc.com

Being a contrarian means not being afraid to tell people when they're doing it wrong. In the eyes of contrarian investor Peter Thiel, just about everyone in Silicon Valley is doing it wrong.  Speaking at the Post.Seed Conference on Tuesday, the PayPal co-founder and Founders Fund principal offered what amounted to a critique of the generally accepted model for funding startups, wherein seed and venture investors make lots of small investments in early-stage companies in the hopes that a few will yield big payoffs. 

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