How do you build a company from scratch and lead it to success by becoming the market leader? Peter Thiel, entrepreneur and founder of the PayPal payment system and the first investor in Facebook, believes that the foundation of any successful startup is a unique product that gives a company a winning monopolistic status. Therefore, one of the key conditions for any project to survive is for founders to be able to look at the world differently—to spot the winning idea that nobody has developed yet.
These ideas, first voiced during lectures at Stanford University, became the basis of Peter Thiel’s book.
Using examples from Facebook, Microsoft, eBay, Twitter, LinkedIn, and many other companies, and above all through his own unique experience working at PayPal, Peter explains what strategy a beginner businessman should choose in order to succeed in building his own startup.