“As a good rule of thumb, proprietary technology must be at least 10 times better than its closest substitute in some important dimension to lead to a real monopolistic advantage.” — Blake Masters Copy Share Image
“No sector will ever be so important that merely participating in it will be enough to build a great company.” — Blake Masters Copy Share Image
“As a good rule of thumb, proprietary technology must be at least 10 times better than its closest substitute in some important dimension to… — Blake Masters Copy Share Image
“(Other investors were in even more of a hurry. A South Korean firm wired us $5 million without first negotiating a deal or signing… — Blake Masters Copy Share Image
“the single most powerful pattern I have noticed is that successful people find value in unexpected places, and they do this by thinking about… — Blake Masters Copy Share Image
“Spreading old ways to create wealth around the world will result in devastation, not riches. In a world of scarce resources, globalization without new… — Blake Masters Copy Share Image
“Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away. The lesson for entrepreneurs is clear: if… — Blake Masters Copy Share Image
