In March 1998, Jeff Bezos predicted the future of commerce.
At that point:
• Amazon was just 3 years old
• They shipped from a garage warehouse
• They had ~1.5M customers
10 timeless business lessons from his 1-hour masterclass:
1. Exponential growth always surprises people
In 2014, Peter Thiel gave a 1-hour masterclass on how to build a monopoly from scratch.
He broke down how:
• Google became untouchable
• PayPal beat the odds
• Facebook crushed competition
Here are 11 timeless lessons from his masterclass:
1. Create value, then capture it
