Tag Archives: paktech

The Thiel Deal #ZerOtoOne.

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Peter Thiel hardly needs an introduction; his name has been tied to some of the most successful companies of our time ,He is an American entrepreneur, venture capitalist,hedge fund manager, and social critic.He also co-founded Palantir, of which he is chairman. He was the first outside investor in Facebook .Over the span of his career, he has had the chance to watch companies make it and break it, he taught a class at Stanford University covering everything he knew about startups.The class,was developed out of Founders Fund and specifically, notes taken by a student led to the publication of his book, Zero to One.

Here is its description of “zero to one”: 

“Zero to One” describes the process of creating something radically new and taking it to the first step (Horizontal or intensive growth). The phrase is used in contrast to the term “1 to n” (Vertical or extensive growth), which means creating incremental improvements to what is already familiar. The aim of the phrase is to encourage more “zero to one”, or entrepreneurial, behavior. There are Three kinds of innovation:

  • Performance-improving innovations that replace old products with new and better models.
  • Efficiency innovations that help companies make and sell mature, established products or services to the same customers at lower prices.
  • Market-creating innovations that “transform complicated or costly products so radically that they create a new class of consumers, or a new market.”

By Contrast Market creating innovations are the most important of these, because they usually generate whole new industries, new jobs and new economic growth.Peter-Thiel-Zero-to-One-700dpi

Thiel speaks from experience. He was involved in a number of successful market creating firms. He cofounded PayPal, which was sold in 2002 for $1.5 billion. The team that he put together at PayPal is known in Silicon Valley as the “PayPal Mafia.” It included a number of entrepreneurs who have gone on to launch successful startups. “Elon Musk has founded SpaceX and co-founded Tesla Motors; Reid Hoffman co-founded LinkedIn; Steve Chen, Chad Hurley , and Jawed Karim together founded YouTube; Jeremy Stoppelman and Russel Simmons founded Yelp; David Sacks co-founded Yammer. Thiel also helped fund the launch of Facebook.

The core philosophy of his book is ,If  you do what has never been done and you can do it better than anybody  else, you have a monopoly and every business is successful exactly  insofar as it is a monopoly. But the more you compete, the more you  become similar to everyone else. From the tournament of formal schooling  to the corporate obsession with outdoing rivals, competition destroys  profits for individuals, companies, and society as a whole.The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.Not all truly innovative design is completely “zero to one”, however. Facebook was not completely “Zero to One”, as it built on ideas that were improvements over Friendster and Myspace. But it is important to note that Facebook’s improvements were not incremental improvements rather it started doing things differently from a new zero ground.

I think we can all agree that some types of work have more “zero to one” characteristics than other types of work. For example, the creation of the Thiel Fellowship was definitely a “zero to one” event, and Peter Thiel’s creation of the fellowship was partially inspired by the need to inspire more people to do truly “zero to one” work.

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“Large, powerful, but regal, Cecil was known for being comfortable around humans—and simply for having a name, say those that knew him”

Cecil the Lion was a majestic creature, known for his gentle nature and instantly loved by all who saw him. He was killed by Mr Walter palmer, a Minnesota dentist who shot dead Cecil the lion in Zimbabwe has sparked major outrage globally, Cecil was a male Southwest African lion who primarily lived in the Hwange National Park in Matabeleland North, Zimbabwe. He was a major attraction at the park and was being studied and tracked by Oxford University as part of a larger study.

The killing of Cecil the lion has provoked outrage worldwide, with Zimbabwe has started extradition proceedings and hopes the United States will cooperate, said Oppah Muchinguri, the African nation’s environment minister. A Gold plating company Goldgenie has created a special version of the HTC One M9 dedicated to the memory of Cecil the lion to raise funds for a charity dedicated to the conservation of animals in Hwange National Park where he lived.

Many including me would recommend to donate any means of support towards ,Friends of Hwange which is a charity that is working hard towards the conservation of wildlife in Hwange National Park, the home that Cecil was cruelly lured from.

Hwange National Park is Zimbabwe’s largest game reserve and faces many challenges such as developing and maintaining water resources, protecting the animals from poachers and maintenance of roads.  The Friends of Hwange Trustees emphasize that 100% of donated money is used in the Park for the good of the animals as the trust does not incur any running expenses outside of the Park and all work done by the Trustees is done so on a voluntary basis. For further information or to make a direct donation to the charity, please visit the charity’s website.

Notes:

https://www.facebook.com/FriendsOfHwange

http://friendsofhwange.com/

http://www.goldgenie.com/

http://www.htc.com/us/

Barbaric Murder of Cecil / Htc Connection.