Most businesses get zero distribution channels to work: poor sales rather than bad product is the most common cause of failure. If you can get just o… - Peter Thiel

If you can get just one distribution channel to work, you have a great business. If you try for several but don’t nail one, you’re finished.

poor sales rather than bad product is the most common cause of failure.

To anticipate likely sources of misalignment in any company, it’s useful to distinguish between three concepts: • Ownership: who legally owns a company’s equity? • Possession: who actually runs the company on a day-to-day basis? • Control: who formally governs the company’s affairs?

EVERY GREAT COMPANY is unique, but there are a few things that every business must get right at the beginning. I stress this so often that friends have teasingly nicknamed it “Thiel’s law”: a startup messed up at its foundation cannot be fixed.

pero los inversores que comprenden la ley potencial hacen el menor número de inversiones posible.