Peter Thiel on how to build the next billion-dollar startup:
"Every moment in the history of business happens only once. The next Mark Zuckerberg won't be starting a social networking site. The next Bill Gates won't start an operating system. The next Elon Musk won't start a Tesla electric car company."
Peter's entire thesis rejects the idea of formulas in business.
As he puts it:
"Science starts with things that are experimentally repeatable, but great businesses are zero to one; they're always one-of-a-kind. There is always this anti-formulaic quality."
So what's the one theme he keeps coming back to?
"This need for differentiation. What are you doing that nobody else is doing? What ideas do you have that nobody else has? What great business are you working on that no one else is working on?"
He continues:
"If you're a founder or an entrepreneur, you should always aim to build a monopoly where you're the only person in the world doing what you're doing. There really are only two kinds of businesses in this world: businesses that are in crazy competition and one-of-a-kind businesses that are monopolies."
On why you shouldn't just iterate your way to success:
"The core thing is to have a great product, and then you can always improve and iterate on that. If you're just trying to optimize and you don't have a great product, that rarely works."
His advice? Think 5 to 10 years ahead:
"Why will this be a really valuable business in 5 to 10 years? How's the competitive landscape going to develop? These are hard questions to answer, but the great entrepreneurs I know always have some perspective on it. When I was playing chess, one of the early lessons I learned was, a bad plan is still always better than no plan at all."
On what makes work meaningful:
"It's great to be working on problems where if you weren't working on them, nobody else would do them. If we weren't doing this, this problem would absolutely not be tackled. That's what's meaningful. Whereas when you're competing, you're already, by definition, number two at least in a category."
Build something only you can build.
Big Pharma just took a massive hit.
RFK Jr. is now the U.S. Secretary of Health and Human Services—and the industries profiting from disease are terrified.
He’s pushing for real change, but Big Food, Big Pharma, and Big Chemical are fighting back.
Here’s what’s happening:👇🧵
Donald Trump @realDonaldTrump David Sachs @DavidSacks - unless we regulate the digital asset exchanges you will never have any control of these markets. End them. Move digital assets into the @Nasdaq@CBOE@CFTC@NYSE with haste.
The manipulation right now by these on and offshore exchanges to service their unregulated casinos is out of control. They are trading against their customers and using unregulated, unlicensed offshore market makers to do their bidding.
Activate @Kash_Patel, the DOJ, clean this up before announcing any Strategic Bitcoin or Crypto initiatives.
BREAKING: President Trump signs an Executive Order to make America the world capital of crypto, ban central bank digital currencies (CBDCs), and evaluate the creation of a "national digital asset stockpile."
Let's go, @DavidSacks! 🚀🌕
https://t.co/e8hvwHZTEW
Donald Trump Just Told The Globalists To Their Faces How He Will Put America First– Watch Alex Jones Break Down Trump's Defeat of Globalism Happening Right NOW!
Watch/Share This Critical Broadcast NOW!
https://t.co/4UtKhZK4f2
Trump Declares War On The NWO, Tells The DAVOS Elite That Their Anti Human Agenda Is Over And Proceeds To Talk About The Dismantling Of The Terrible Obama/Biden Regime Agenda
Watch Our Lives Stream Alex Jones is Breaking It All Down
https://t.co/CpvKIMSVQT
Trump's cabinet, family, and those close to him are fully committed to Bitcoin and cryptocurrency. Given this, it's puzzling why some people remain pessimistic about the situation. Considering that his family and associates are so invested in crypto, do you truly believe Trump would adopt a negative stance on cryptocurrency?
Larry Fink on national television at Davos says “If you’re frightened of the debasement of your currency, or… of the economic or political stability of your country, you can have an internationally based instrument called #Bitcoin that will overcome those local fears.. $BTC could be $500k, $600k, $700k…”
@BlackRock #Blackrock
CEO of America’s largest bitcoin exchange, @Brian_Armstrong tells the World Economic Forum audience, “It’s clear at this point, bitcoin is a better form of money than gold…For a store-of-value, it’s important governments hold bitcoin over time”
Aave’s first non-EVM deployment with Move will establish a new paradigm, Aave is never limited by tech stack. If there is sufficient security, tooling, community support and profitability for Aave DAO, Aave will expand. It’s natural.
Aptos is great first choice as a non-EVM, mature and modern codebase, speed, increasing tooling and “close to the metal” engineering team that supports developers.
IMO: For 18 months the US Fed and Central Banks have known the Global Economy is insolvent and collapsing.
Here is the global reserves of central banks. It has never crossed the moving average but in March 1 2022 it did and has continued to bleed out as Central Banks scramble to keep the narritive. The world is insolvent.
Note: The Ukraine war also started on this date.
The Central Banks have used the Ukraine war narritive to steal the money. Wake up.
At the same time the US rates jumped to 5%. "War narritive send us your money" another scam.
Wake up - buy and hold crypto in self custody. Not meme coins idiots. Layer 1 top 10 marketcap currency and Bitcoin IN SELF CUSTODY.
@leadlagreport@profstonge@LynAldenContact@RaoulGMI@SenLummis
500k $ZEUS delegation capacity opening soon.
As BTC steadily flows into Zeus Network, it fuels greater liquidity for permissionless Bitcoin on Solana.
With 500k delegated in Epoch #1, 21.8 $zBTC has been minted on Solana, establishing a solid foundation for growth.
The Zeus Foundation will soon expand network capacity to 1M $ZEUS, with 500k $ZEUS available for new delegations.
GOES LIVE JAN 9, 10 PM EST. BE READY. https://t.co/JdJT39QDpx