Diligence can make up for failure and good training, and every bit of hard work equals talent." In ancient and modern times, at home and abroad, the flowers in the hands of every successful person are watered with their hard work. It can be seen that hard study is the only way to embark on the road to success.

The following are the stories about celebrity achievements that I share with you, let’s take a look! Celebrity Achievement Stories Part 1: Peter Thiel is a mathematical genius, a chess master, and likes the works of Solzhenitsyn and Rand.

In the global Internet community, venture capitalist Peter Thiel is a name that cannot be ignored because people in the industry are always looking forward to hearing what new projects this "prophet" figure is interested in, and also because of his successful entrepreneurial and investment experience.

, and his ability to turn stone into gold. PayPal went public, and the first pot of gold in life is located on University Avenue, the busiest area of ??Palo Alto, which is the outpost of Silicon Valley technology product release. There is a famous store on this street.

A coffee shop called Café Venetia. Most of Peter Thiel’s businesses are located near Café Venetia. From a glance, the customers in this café are all using Apple devices and are not very well-dressed but full of energy.

In the summer of 1998, Max Levchin, a 23-year-old Ukrainian programmer who had just arrived in San Francisco, listened to a talk at Stanford University.

Thiel's speech on currency transactions. The next day, they met in Palo Alto. They wanted to create an electronic payment system that would make e-commerce transactions simple, unified and secure. This was the prototype of PayPal in 2002.

In 2008, Thiel met with his friend Elon Musk in this coffee shop to discuss whether to take PayPal public, and finally reached an agreement. In the end, the electronic payment company founded in 1998 successfully went public.

With a market value of approximately US$1.2 billion, it became the first large-scale IPO after the "911" incident. Subsequently, PayPal was acquired by eBay for US$1.5 billion, and Thiel also received his first pot of venture capital of US$55 million.

After becoming financially free, Thiel devoted himself to venture capital. He changed the name of Thiel Capital Management, which he founded in 1996, to Clarium Capital Management. From then on, Thiel invested US$10 million.

Begin to patiently search for promising startups. At that time, social networking, an area that few people favored, was considered to be the next dangerous Internet bubble, but Thiel was still confident in the summer of 2004.

Sean Parker introduced Thiel to Zuckerberg, who was looking for major investors for Facebook at the time. Thiel provided $500,000 in start-up capital for Facebook, which was valued at less than $5 million at the time.

, this was the first external investment Facebook received. This investment earned him 7% of Facebook shares and became a member of the company's board of directors.

Although Thiel sold nearly half of his shares in the following years, and the remaining shares were further diluted by Facebook's multiple rounds of financing, Thiel's shares still accounted for about 3%.

If calculated based on Facebook's market value of US$100 billion after its listing, Thiel's shares are expected to be worth US$3 billion, a return on investment of more than 6,000 times.

If Mark Zuckerberg created Facebook, a miracle that changed human life, then Peter Thiel, a geek born in 1964, is the driving force behind this miracle.

The American Internet community once again remembered Thiel's name.

A year later, he founded Founders Fund with US$50 million and invested in a series of highly innovative startups after the fund was established, including YouTube, photo sharing software company Slide, and user review website

Yelp, Palantir Technologie, which develops software to detect terrorists and financial fraud, rocket manufacturing company SpaceX, electric car company Tesla Motors and micro-lending company Kiva.

These companies later proved to be very successful.

It can be said that Thiel is the most successful technology venture capitalist in the world.

How to select promising entrepreneurs? Thiel said that he would ask the most important question to every entrepreneur seeking investment, which is: "Why will the 20th employee join your company?" Thiel believes:

“It’s easy to explain why someone wants to be a CEO or join a startup as an early employee because they want to run a company or want to get rich by joining an early startup. It’s also easy to see why the 1,000th employee would want to join because it’s clear the company is growing

On the road to growth, you can get a stable income by joining, but the 20th employee will have many different meanings.