by Peter Thiel with Blake Masters
5*/10
Key Ideas:
Don’t compete. Start by creating (zero to 1) or dominating a small market.
Aim to be 10x better than the closest competitor.
Maintain monopoly through proprietary technology, economies of scale, network effects, branding.
Other interesting notes:
Venture companies should only fund enterprises that have the potential to pay off the entire investment of the whole venture company.
A co-founder is like getting married. Avoid an ugly divorce by being careful who you choose for a partner.
A plan is better than no plan.
Thoughts on the book:
* Good idea, could be a blog post.
Longer summary/notes: DS, video
If you like this, you’ll probably like: Blue ocean strategy, The hard thing about hard things, Lean startup, books
Leo :) 