Book: Zero to One - Peter Thiel & Blake Masters
What important truth do very few people agree with you upon?
Lessons learned by tech from bubble
1. make incremental advances
2. stay lean and flexible, iterate
3. improve on the competition
4. focus on product, not sales, only viral growth is sustainable
Probably more true:
1. boldness > triviality
2. Bad plan > no plan
3. Competitive markets destroy profits
4. Sales matter just as much as product
Perfect competition vs monopoly
Lessons learned by tech from bubble
1. make incremental advances
2. stay lean and flexible, iterate
3. improve on the competition
4. focus on product, not sales, only viral growth is sustainable
Probably more true:
1. boldness > triviality
2. Bad plan > no plan
3. Competitive markets destroy profits
4. Sales matter just as much as product
Perfect competition vs monopoly