Peter Thiel first invested in Stripe in summer of 2010—50 months ago—and just released a very good book. http://www.amazon.com/gp/product/0804139296 ….
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Corollary, I guess, is that this goes for companies too, & the right strategy is often "just get better at doing what you're already doing."
@patrickc Makes particular sense in winner-take-all (or winner-take-most) areas, where small advantages may yield disproportionate returns
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@michael_nielsen@patrickc Yeah I think we often misunderstand 'winner takes all markets' possibly because we misunderstand exponentials...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@michael_nielsen@patrickc By misunderstand I mean most people struggle to imagine anything other than a linear relationship.Thanks. Twitter will use this to make your timeline better. UndoUndo
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