Summary of Peter Thiel's Zero to One
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Progress is the goal of the future. Horizontal and vertical are the two kinds of progress. Horizontal progress means more of what is currently working. Another word for horizontal progress is globalization, the act of taking a product and integrating it world wide. Vertical progress comes from doing new things that have not been done before. Technology, the new and better way of doing something, is another word for vertical progress. In terms of the world’s future, technology matters more than globalization.
New technology generally comes from startups. These small groups of people with a mission have improved the world one new idea at a time. Big organizations are bureaucracies that move too slowly. Individuals alone cannot develop new ideas. New thinking is a new company’s strongest characteristic.
