Investor Peter Thiel believes that you can either invest in companies that deal in bits or companies that deal in atoms. Right now Thiel seems to think there’s already too many “bits” companies and not enough “atom” companies. He may be right.
Thiel, who spoke at the Techcrunch Disrupt conference Monday, gave the example of digital health. There are companies that run big data analytics trying to predict who will develop Alzheimer’s. “Then there is another company that is trying to cure Alzheimer’s.”
Image: Founders Fund co-founder Peter Thiel. Image Credit: Heisenberg Media/Flickr
