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Peter Thiel’s CS183: Startup - Class 14 Notes Essay
"There is both an economic aspect and a psychological aspect to perfect competition. The economic insight is that the battles are so fierce because the stakes so small; since profits are competed away, people are fighting over scraps. The psychological insight is that the economic insight is really weird. Why in the world would people want to fight for scraps? 

But there’s a psychological counterpoint to the psychological insight, and that is that people fight because they think it’s the cool thing to do. "
peterthiel  quotes  business  economics  startup  energy  via:hackernews 
2 hours ago by sha
中国山寨手机公司玩转印度:击败三星惹恼诺基亚-《创业家》杂志社
起步之初,张曾亲自带着弟弟在迪拜骑自行车扫楼。不少客户质疑其产品质量,而判断质量最佳的方法就是摔手机,张经常将自己的手机狠狠地砸向地面。"这个方法简单粗暴,但很管用。很多客户眼睛都傻了。有没有问题,摔了才知道。"张说。几个月后,一款带有双喇叭的音乐手机的意外走红令局面大开。基伍在迪拜的销量很快突破100万台。
startup  shanzhai 
18 hours ago by tonyyet
Gidsy.com: book and offer tours, activities, workshops, local events and more exciting things to do
Instantly book activities organized by real people.
Book and offer tours, local activities, workshops and other fun things to do... learn more
things_to_do  sanfrancisco  activity  marketplace  events  berlin  startup  community  travel  from delicious
20 hours ago by tomgooden
Facebook IPO mistakes
Very detailed research on Facebook not following the S-1 IPO process properly
facebook  ipo  fraud  startup 
yesterday by nelson
WorkFu Launches its Less Ugly, More Useful Version of LinkedIn | PandoDaily
WorkFu Launches its Less Ugly, More Useful Version of LinkedIn just signed up. Great design!
design  startup  from twitter
yesterday by othylmann

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