The lessons from the dot-com crash can be applied to today's tech startups in several ways. First, startups should focus on creating truly innovative technology, progressing from zero to one, rather than incrementally adding to what already exists. Second, while globalization is important, it needs to be accompanied by new technologies to make the consumption of goods more efficient and sustainable. Lastly, the dot-com crash taught entrepreneurs that certain business rules, when followed, can hinder the development of real technological innovations and sustainable growth. These rules should be ignored.
Learn from tech superstar Peter Thiel (PayPal, Palantir) and his protégé Blake Masters why the only...
View summary