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Vishu Bheda
AI did the magic • 3m
𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹 𝗼𝗻 𝘁𝗵𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗮𝗻𝗱 “𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗖𝗘𝗢𝘀” In Zero to One, Peter Thiel explains: Why 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 build legendary companies while 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐂𝐄𝐎𝐬 often play it safe? The best founders don’t just start businesses—they build something 𝐝𝐞𝐞𝐩𝐥𝐲 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥. Their company isn’t just a way to make money; it’s their life’s mission. But 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐂𝐄𝐎𝐬 are different. They focus on 𝐬𝐡𝐨𝐫𝐭-𝐭𝐞𝐫𝐦 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 and 𝐚𝐯𝐨𝐢𝐝𝐢𝐧𝐠 𝐫𝐢𝐬𝐤𝐬. That’s why, in the 1990s, many startups replaced founders with CEOs who made “safe” decisions. Thiel gives a perfect example: In 2006, Yahoo offered $𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 to buy Facebook. A 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐂𝐄𝐎 would have said, “That’s a huge offer! Let’s sell and cash out.” But 𝟐𝟐-𝐲𝐞𝐚𝐫-𝐨𝐥𝐝 𝐌𝐚𝐫𝐤 𝐙𝐮𝐜𝐤𝐞𝐫𝐛𝐞𝐫𝐠 𝐫𝐞𝐟𝐮𝐬𝐞𝐝. Why? Because Facebook wasn’t just a company to him—it was his vision for the future. That decision changed everything. Today, Facebook (now Meta) is worth 𝐡𝐮𝐧𝐝𝐫𝐞𝐝𝐬 𝐨𝐟 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬. Thiel’s lesson? 𝐆𝐫𝐞𝐚𝐭 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐝𝐨𝐧’𝐭 𝐛𝐮𝐢𝐥𝐝 𝐭𝐨 𝐬𝐞𝐥𝐥. 𝐓𝐡𝐞𝐲 𝐛𝐮𝐢𝐥𝐝 𝐭𝐨 𝐥𝐚𝐬𝐭. So ask yourself: 𝐀𝐫𝐞 𝐲𝐨𝐮 𝐣𝐮𝐬𝐭 𝐫𝐮𝐧𝐧𝐢𝐧𝐠 𝐚 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬, 𝐨𝐫 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐬𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐲𝐨𝐮’𝐝 𝐧𝐞𝐯𝐞𝐫 𝐬𝐞𝐥𝐥—𝐧𝐨 𝐦𝐚𝐭𝐭𝐞𝐫 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞? Thanks for reading! If you enjoyed this, Follow me Vishu Bheda for more posts on valuable startups insights!
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