Beneath the big names, shiny buzzwords, and glowing “statistics”, in a dark corner of any company, there’s an activity in which the real value of the company resides. It is something that cannot be easily copied, faked, or artificially manufactured. You cannot just throw more money at it and make it grow. The company either
Around the year 2000, a travel company was formed, and after a short bumpy ride, it managed to create a hugely successful, incredible concept. It managed to create a model that generated a gross profit margin of 98% and an EBITDA of nearly 50%. Simply phenomenal.
So long, outdated algorithms; an internationally stationed VC fund is taking their search for extraordinary ideas to an entirely new place.
Remember the film Jaws? Just in case you don’t (for some weird reason) It’s a classic American thriller starring a Great (man-eating) White shark that attacks beachgoers. The sheriff, Roy Scheider, sets out on a mission to kill the Shark with the help of a marine biologist and a shark hunter.
Paypal co-founder Peter Thiel, in his 2014 startup digest “zero to one”, argues that creating a game-changing company means going from zero to one – from nothing to something (instead of going from something to a slightly better something).