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Biographies reveal that immense professional success, like J. Paul Getty's, often coexists with profound personal failures and flaws.
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And you realize like perfection is not required to attain wonderful professional success. And in Getty's case, like undeniable business genius. And let me give you an example. I'm just making up the years, but at the very beginning, so he gets married five times, but the first three marriages are very bizarre.
So it'd be like, get married in 1931,
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Coinbase's early strategy of stacking credibility to win in a niche market, illustrating the value of being early.
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And I was like, no, no, I'm like a software guy. Trust me. I think the other thing that we did was we tried to stack up as many credibility indicators as we could. So one of them was like getting accepted to Y Combinator. That led to us getting a bank relationship in the U.S. at the time when that was very difficult to do with Silicon Valley
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Peter Thiel is an entrepreneur and investor. He started Pay-Pal in 1998, led it as CEO, and took it public in 2002, defining a new era of fast and secure online commerce. In 2004 he made the first outside investment in Facebook, where he serves as a director. The same year he launched Palantir Technologies, a software company that harnesses
... See morePeter Thiel • Zero to One: Notes on Start Ups, or How to Build the Future
VCs used to have a “me-too” strategy: if a start-up hit it big and opened up a hot new category, the many VC firms in Silicon Valley assumed that there was room for a lot of winners in that category. So every firm would invest in some company—any company!—in the emerging category. But in this century, that phrase—“room for a lot of winners