Essays from Peter Thiel’s Stanford class on startups

Essays from Peter Thiel’s Stanford class on startups. In a nutshell, freely available material like this is why I am a college dropout. Every essay is worth reading — queue up your Pocket. I particularly appreciated this one on markets, competition, and monopolies. (via Spittle)


Four years ago:

Here’s the problem: I, like many people I know, drive too many places all alone in my car.  One person in a three ton metal vehicle that could easily transport five.  To move all of that mass around, with such unused, waste internal space, is an inefficient use of energy.

Here’s one solution: ad-hoc transportation.  Capitalizing on the triple convergence between location-aware devices (iPhone 2 on June 9th, anyone?), social networking (Facebook, Twitter, et al), and an absurd number of nearly empty cars on the road (suburban America), the goal should be to connect people with people who are pointed in the same destination.

It’s here, and it’s called SideCar. I’m very intrigued to see where this startup goes. Thanks Alex for the tip.

Matt Haughey’s lessons from a 40 year old

I like to think of funded startups vs. bootstrapped web sites like the split between signed and unsigned bands.

Think about what a band has to do if they sign with a major label. They write music, perform/record it, and play it. Now think about people like Prince, Aimee Mann, etc. that do every single aspect of their music themselves. They have to create and record and distribute music, but also book tours and hotels and hire roadies and even oversee building websites. On the positive side, those going their own way talk about making more money from lower record sales than they did on a label, even though they do a significant amount of work.

So it’s a lot of work, but I would argue it’s totally appropriate for anything that isn’t a huge world-changing idea. And there are a lot of benefits that come from it.

Matt Haughey — My Webstock Talk: Lessons from a 40 year old (now with transcript).