What Valuable Company is Nobody Building?
The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. If you are copying these guys, you aren’t learning from them.
It’s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there.
Notable quotes from the book
Brilliant thinking is rare, but courage is in even shorter supply than genius
The concept of "last mover advantage" - the idea that it's often better to be the last entrant in a market, perfecting a product or service rather than being the first.
All failed companies are the same: they failed to escape competition.
Creating value is not enough—you also need to capture some of the value you create
If you want to create and capture lasting value, don’t build an undifferentiated commodity business
The most contrarian thing of all is not to oppose the crowd but to think for yourself
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