valuable business must start by finding a niche and dominating a small market. - Peter Thiel

This is why so many small and medium-sized businesses don’t use tools that bigger firms take for granted. It’s not that small business proprietors are unusually backward or that good tools don’t exist: distribution is the hidden bottleneck.

same problem as every Hollywood studio: how can you reliably produce a constant stream of popular entertainment for a fickle audience? (Nobody knows.)

Un negocio monopolístico captura mucho más valor que millones de competidores indiferenciados.