It’s better to think of distribution as something essential to the design of your product. If you’ve invented something new but you haven’t invented … - Peter Thiel

If you have invented sth new but you have not invented an effective way to sell it, you have a bad business - no matter how good the product

If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business — no

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.

Economists copied their mathematics from the work of 19th-century physicists: they see individuals and businesses as interchangeable atoms, not as unique creators. Their theories describe an equilibrium state of perfect competition because that’s what’s easy to model, not because it represents the best of business.

disruption has recently transmogrified into a self-congratulatory buzzword for anything posing as trendy and new. This

In practice, there’s always a golden mean between telling nobody and telling everybody — and that’s a company. The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside.