![]() Peter discusses people whom have achieved massive success (some being serial entrepreneurs such as Elon Musk) and how much luck did or did not factor into their success including Bill Gates, Jeff Bezos and Warren Buffet, with Warren Buffet describing himself as a member of the "lucky sperm club". He discusses the importance of creating a monopoly, being the last mover in a market and making that monopoly endure. He asks "what valuable company is nobody building"? and gives a good account of the Dot Com crash and how the gold rush resulted in inflated expectations and companies such as losing $300 million in investment. Not incrementally improving on something existing (n+1), but making something new. The main premise of the book is around creating something "new", hence the 0 to 1. There are some gems in this book however having been published in 2014, it is starting to show its age. ![]() His net worth of over $7 billion suggests he knows a little something about making businesses successful. His pedigree cannot be disputed having founded PayPal which went on to be sold to eBay, then later Palantir and also be one of the first investors in Facebook. Zero to One by Peter Thiel is a staple on most startup reading lists and why I made sure to add it to my site.
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