Very detailed notes of Peter Thiel's startup class at Stanford
I came across a blog with very specific notes on the class Peter Thiel is currently teaching at Stanford. I've been going through a class lecture a day when I get some down time in the office. Here are some takeaways I thought we're good from the first 3 lessons. (Some of these are little obvious, but still hold true)
Lesson 1:
Progress comes in two flavors: horizontal/extensive and vertical/intensive.
1. Horizontal or extensive progress basically means copying things that work. In one word, it means simply “globalization.”
2. Vertical or intensive progress, by contrast, means doing new things. The single word for this is “technology.” Intensive progress involves going from 0 to 1 (not simply the 1 to n of globalization)
Lesson 2
“To understand businesses and startups in 2012, you have to do the truly contrarian thing: you have to think for yourself. The question of what is valuable is a much better question than debating bubble or no bubble.
Lesson 3
Maybe making the world a smaller place is exactly what you want to do. Maybe you don’t want to work in big markets. Maybe it’s much better to find or make a small market, excel, and own it.
And yet, the single business idea that you hear most often is: the bigger the market, the better. That is utterly, totally wrong. The restaurant business is a huge market. It is also not a very good way to make money.
http://blakemasters.tumblr.com/
*This is not my blog, and I don't go to Stanford.






Good find
Good find
Leadership can be defined in two words: "Follow Me"
Holy shit, nice pull.
Holy shit, nice pull.
SB for your efforts.
SB for your efforts.
A lot of people do certain things to add days to their life. I do things to add life to my days.
Yeah, +1.
Yeah, +1.
Nice thank you!
Nice thank you!
Well played, sir. +1
Well played, sir. +1
These notes are
These notes are intimidating.
I don't even own a backpack. State school FTW.
Leadership can be defined in two words: "Follow Me"
Sweet, thanks!
Sweet, thanks!
nice, thanks!
nice, thanks!
Who are you going to believe, me or your lying eyes?
thanks
thanks
+1. Great find.
+1. Great find.
This is awesome. You're
This is awesome. You're awesome.
I may not be on the Jedi Council, but I sure am great with the Force.
See my WSO blog posts
+1 for you
+1 for you
I've been going through a
I've been going through a class lecture a day when I get some down time in the office. Here are some takeaways I thought we're good from the first 3 lessons. (Some of these are little obvious, but still hold true)
Lesson 1:
Progress comes in two flavors: horizontal/extensive and vertical/intensive.
1. Horizontal or extensive progress basically means copying things that work. In one word, it means simply “globalization.”
2. Vertical or intensive progress, by contrast, means doing new things. The single word for this is “technology.” Intensive progress involves going from 0 to 1 (not simply the 1 to n of globalization)
Lesson 2
“To understand businesses and startups in 2012, you have to do the truly contrarian thing: you have to think for yourself. The question of what is valuable is a much better question than debating bubble or no bubble.
Lesson 3
Maybe making the world a smaller place is exactly what you want to do. Maybe you don’t want to work in big markets. Maybe it’s much better to find or make a small market, excel, and own it.
And yet, the single business idea that you hear most often is: the bigger the market, the better. That is utterly, totally wrong. The restaurant business is a huge market. It is also not a very good way to make money.
Awesome. Thanks!
Awesome. Thanks!
great! thanks for sharing
- Strategyard.com
Virtual Stock Exchange
Stock Market Game
nice
SB'd as well
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
amazing!
Cool. SB for sharing good
Man made money, money never made the man
Wow. Thank you!
thanks for sharing.
Gun Control Discussion
Spectacular
But Rhaegar fought valiantly, Rhaegar fought nobly, Rhaegar fought bravely.
And Rhaegar died.
Did you happen to run across
if you like it then you shoulda put a banana on it
met him a couple of times,
frgna: Did you happen to run
Would love to see more of
The Four E's of investment
"The greatest Enemies of the Equity investor are Expenses and Emotions."- Warren Buffet
Very interesting, thanks for
CompBanker
Thanks.. this is a great find
Anyone know of his email
@CompBanker Was it me who
Nice. Thanks
Being in Peter Thiel's class
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist. - Friedrich Nietzsche