Chris McCann's Personal Blog

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Peter Thiel’s Secrets of Starting Companies

with 9 comments

Over the weekend I read all of Blake Masters‘ notes on Peter Thiel’s CS183 Startup class at Stanford University.

For everyone who doesn’t know, Peter Thiel was one of the founders of PayPal, he’s the Don of the PayPal Mafia, first investor in Facebook, founder of the Founders Fund, founder of Clarium Capital, investor in SpaceX, Tesla, Palantir, Linkedin, and many more.

The full notes were completely mind-blowing to say the least. I wrote this post as a synthesis of all of Peter’s class notes, mainly to help myself process all of the information in there. If you find any of these ideas intriguing I suggest reading through the full notes here.

The big purpose of Peter Thiel’s class was to share some of his secrets about starting companies.

His four big overarching secrets are:
 

  1. Capitalism and competition are antonyms.
  2. The power law distribution curve
  3. The importance of distribution
  4. The most important secret is many important secrets are still undiscovered.

 
I honestly tried to synthesize all of his major ideas into a one page post but there were way too many good ideas to limit such a thing. So instead I broke up his ideas into his main 4 secrets above and synthesized each secret into 1 post of his main ideas for each secret.

Take your time reading these and leave some comments below if you want to discuss any of these ideas.
 

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Written by Chris McCann

May 15, 2012 at 5:30 am

Posted in Uncategorized

9 Responses

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  1. […] This is a post about secret #3 about startups by Peter Thiel. To see all 4 of the secrets start here. […]

  2. […] a comment « Peter Thiel’s Secrets of Starting Companies Massive inequality exists […]

  3. […] This is a post about secret #2 about startups by Peter Thiel. To see all 4 of the secrets start here. […]

  4. […] This is a post about secret #4 about startups by Peter Thiel. To see all 4 of the secrets start here. […]

  5. thanks for compiling these, man. super useful context.

    David Anderson

    May 19, 2012 at 3:12 am

  6. […] a class at Stanford.)  Anywho, Chris has compiled notes from Peter Thiel’s class in his blog.  Here are some of the highlights: How a company can own a market If monopolies do exist a new […]

  7. […] Peter Thiel’s Secrets of Starting Companies […]

  8. Utterly indited content, appreciate it for entropy. “The last time I saw him he was walking down Lover’s Lane holding his own hand.” by Fred Allen.

    news article

    February 7, 2013 at 3:46 pm


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