Chapter 3: All happy companies are differentĪll happy companies are different: each one earns a monopoly by solving a unique problem. Paypal was founded in 1998 with the goal of creating a new internet currency to replace the $ and managed to raise funds in 2000 right before the dot.com crash. 1990 - economical migration of investments in USA “ from bricks to clicks”.Start-up = largest group of people you can convince of a plan to build a different future. (for some reason this phrase really resonated with me).īy continuing the argumentation around how hard it is to imagine something that doesn’t exist and predict future solutions the authors propose the following graph to differentiate progress as we see it today by creating a distinction between vertical intensive progress (technology 0 →1) and horizontal extensive progress (globalization 1 →n)Īll slides I made for the book resume available here: Why Start-ups? He justify this approach by saying that brilliant thinking is rare but courage is in even shorter supply than genius.
The chapter starts with a discussion around Peter’s favorite interview question: This summary reflects the main points that were interesting for me and should not be seen as a complete summary of the book. The book was a follow-up of a class on entrepreneurship that Peter Thiel gave at Stanford which was documented in detail by Blake on his blog.Īs the book is very well structured I took a a couple of notes which I decided to share here in order to invite people to comment on them. Today I started and finished “ Zero to One: Notes on startups, or How to Build the Future” by Peter Thiel and Blake Masters. Zero to one - my summary of Peter Thiel’s book
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