2014 ZerotoOneNotesonStartupsOrHowto
- (Thiel & Masters, 2014) ⇒ Peter Thiel, and Blake Masters. (2014). “Zero to One: Notes on Startups, Or How to Build the Future." Crown Publishing Group. ISBN:9780804139304
Subject Headings: Technology Entrepreneurship, Competitive Market, Capitalistic System, Creative Monopoly.
Notes
- It proposes that for-profits should aim to become a monopoly seller (in a significant economic market).
Cited By
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Zero_to_One Retrieved:2015-6-4.
- Zero to One: Notes on Startups, or How to Build the Future is a 2014 book (release date September 16, 2014) by venture capitalist, PayPal co-founder, and early Facebook investor Peter Thiel along with Blake Masters (author). It is a condensed and updated version of a highly popular set of online notes taken by Masters for the CS183 class on startups taught by Thiel at Stanford University in Spring 2012.
Quotes
The challenge of the Future
Whenever I interview someone for a job, I like to ask this question: “What important truth do very few people agree with you on?”
This question sounds easy because it’s straightforward. Actually, it’s very hard to answer. It’s intellectually difficult because the knowledge that everyone is taught in school is by definition agreed upon. And it’s psychologically difficult because anyone trying to answer must say something she knows to be unpopular. Brilliant thinking is rare, but courage is in even shorter supply than genius.
Most commonly, I hear answers like the following:
“Our educational system is broken and urgently needs to be fixed.” “America is exceptional.” “There is no God.”
Those are bad answers. The first and the second statements might be true, but many people already agree with them. The third statement simply takes one side in a familiar debate. A good answer takes the following form: “Most people believe in x, but the truth is the opposite of x.”
…
p.25 Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away. The lesson for entrepreneurs is clear: if you want to create and capture lasting value, don’t build an undifferentiated commodity business.
References
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| Author | volume | Date Value | title | type | journal | titleUrl | doi | note | year | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 ZerotoOneNotesonStartupsOrHowto | Peter Thiel Blake Masters | Zero to One: Notes on Startups, Or How to Build the Future | 2014 |