since he started Apple in 1976, Jobs saw that you can change the world through careful planning, not by listening to focus group feedback - Peter Thiel

U.S. companies are letting cash pile up on their balance sheets without investing in new projects because they don’t have any concrete plans for the future.

Let’s test the Shakespearean model in the real world. Imagine a production called Gates and Schmidt, based on Romeo and Juliet. Montague is Microsoft. Capulet is Google. Two great families, run by alpha nerds, sure to clash on account of their sameness.

If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business — no matter how good the product.