Peter thiel from 0 to 1

Peter thiel, the founder of American Payment, is equivalent to Alipay and WeChat in China. During his pioneering period, he also experienced many difficult moments. The final financing was completed before the financial crisis.

Later, they sold PayPaI to Yi Bei. I set up my own investment company. People call him the godfather of the faction. Because many business leaders come from payment companies. Reid hoffman, co-founder of LinkedIn. Steve chen, founder of Youku Video. And elon musk.

I want to say a few more words here. Peter thiel and elon musk are both payment businesses. Because the two companies think alike, there is competition. In order to maximize the company, they merged at a ratio of 50% to 50%. Peter thiel has always believed that competition is the worst result, because it may be a lose-lose.

Later, Speyside and Trass were founded by Musk of Egypt. Later, peter thiel founded his own company, Palanti Ai Company. And invested in Zuckerberg's Facebook and elon musk's space exploration technology company. When you see these companies, you will definitely wonder how high their rate of return is.

What is from 0 to 1? That is, from scratch, that is, innovation. Payment companies are such innovative companies. They changed people's payment habits. The efficiency has increased tenfold. This is called uniqueness.