Peter Thiel’s CS183: Startup - Class 6 Notes Essay
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Peter Thiel’s CS183: Startup - Class 6 Notes Essay
buzzwords of the moment call for building a “lean startup” that can “adapt” and “evolve” to an ever-changing environment. Would-be entrepreneurs are told that nothing can be known in advance: we’re supposed to listen to what customers say they want, make nothing more than a “minimum viable product,” and iterate our way to success. But leanness is a
... See morePeter Thiel • Zero to One: Notes on Start Ups, or How to Build the Future
Startups operate on the principle that you need to work with other people to get stuff done, but you also need to stay small enough so that you actually can.
Peter Thiel, Blake Masters • Zero to One
The lesson for entrepreneurs is clear: if you want to create and capture lasting value, don’t build an undifferentiated commodity business.
Peter Thiel • Zero to One: Notes on Start Ups, or How to Build the Future
THE POWER LAW OF VENTURE CAPITAL
Peter Thiel, Blake Masters • Zero to One
You could build the best version of an app that lets people order toilet paper from their iPhone. But iteration without a bold plan won’t take you from 0 to 1. A company is the strangest place of all for an indefinite optimist: why should you expect your own business to succeed without a plan to make it happen? Darwinism may be a fine theory in oth... See more
Peter Thiel, Blake Masters • Zero to One
Because that is what a startup has to do: question received ideas and rethink business from scratch.