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Notes on "Zero to One" by Peter Thiel

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All Happy Companies are Different

Stefy
Stefy completed this card.
  • It's not enough that your company creates a lot of value. You must be able to capture it as well. 
  • A big business is NOT the same as a good business.
  • Perfect Competition = Nobody gains economic profit and market power.
  • Monopoly: You have economic profit.
  • "If you want to thrive as a startup, choose to be a monopoly [but lie about it]"
  • A monopoly generates profits, and profits allow for more innovation