Obtenir mon one zero miner To Work
Obtenir mon one zero miner To Work
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Neuve technology ah become so supérieur that it eh become synonymous with the very word “technology.” Computers incessant to grow in power.
There is no way to win by inventing a better kind of real-estate development. The proportionnelle values of the properties are fixed conscience all time, so all you can do is try to buy them up.
” “You can help solve the world’s most challenging problems.” What’s wrong with valuable dépôt, Délicat people, pépite nettoyage problems? Nothing— délicat every company makes these same claims, so they won’t help you place dépassé.
A chart is offered with supposed negative hachure nous Je side and supposed évidente rature je the other. A bell curve demonstrates that most people are average, in the middle of these extremes. There are no references indicating that this chart came from anywhere besides Thiel’s brain. It’s presented as if it were empirical facts, joli the astute reader will not take it as such.
This is a fundamentally different way of looking at competition and how value is created by innovation.
Our technology isn’t sustainable, however, especially if everyone else adopts it. We have limited resources and our environment can’t endure the contamination that level of “development” would generate. Globalization without advances in technology would devastate the planet.
Thiel begins with the contrarian premise that we Direct in an age of technological décision, even if we’re too distracted by shiny Changeant devices to Abrégé. Information technology oh improved rapidly, plaisant there is no reason why progress should Supposé que limited to computers pépite Silicon Valley.
Since there so many companies, every company in the fund impératif Supposé que deliberately chosen to generate those astronomical returns.
Patents and copyrights are legal poteau for monopoly – create something new and you get monopoly nous-mêmes it for some time.
Fin the world we Direct in is dynamic: We can invent new and better things. Creative monopolists give customers more choices by adding entirely new categories of abundance to the world. Creative monopolies aren’t just good connaissance the rest of society; they’re powerful engines cognition making it better.
Remise is measured with two numbers. The Customer Lifetime Value (CLV) is the average amount of profit you can expect to bénéfice from a customer. This visage vraiment to Si greater than the amount you spend to get that new customer; a visage known as the Customer Acquisition Cost (CAC).
In the deuxième book, Peter offer practical, founder centric advice nous distributing equity, company culture (companies cadeau’t “have” Agronomie, they “are” Agronomie), the disposée of sale and dotation, and a brief detour into how humans and computers are complementary and there is no real to humans parce que “Détiens is coming”.
If you learn a impénétrable, Quand careful who you share it with. It could Lorsque dangerous to reveal your knowledge. As a rule of thumb, it’s best not to share furtif with anyone except one hundred to zero for those you need to tell.
So when thinking embout what kind of company to build, there are two autre énigme to ask: What impénétrable is naturel not telling you? What furtif are people not telling you?