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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Replying to @patrickc
As it happens, a number of VCs turned us down that first summer, and he agreed to invest on the spot. Our first major outside investor.
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Replying to @patrickc
Since then, his most influential advice for Stripe has been "Hm, I'm not sure that's worthwhile. Just stay focused on growing the business."
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Replying to @patrickc
(We've run many ideas by him, but by now I can predict that that'll be his reaction.)
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Replying to @patrickc
In the book, he writes about how investors underestimate the extreme power of exponential growth and undervalue quickly-growing companies.
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Replying to @patrickc
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."
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Replying to @patrickc
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@patrickc For other startups, would you recommend#FocusingOnGrowth?1 reply 1 retweet 5 likes -
Replying to @ProfJeffJarviss
@ProfJeffJarvis We're consistently inspired by your thinkfluence and struck by desire to put ideas into practice. Peter acts as brake.1 reply 0 retweets 5 likes
@ProfJeffJarvis Appealed in that it's a good way to dominate a small market but unclear how you use it to advance cause of seasteading.
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