Hi Vani, I have read this article the day you published it and have been thinking about it for quite some time. What struck me was the question “Would I have invested if Mark has pitched Facebook to me in 2004?”.
I’m an entrepreneur and wouldn’t know how to answer it, but I flipped the question and ask myself “Should I be someone like Mark when I pitched my product to the VCs?”
The simple answer to it is NO. I would argue that Mark was not the Mark Zuckerberg we know today when he pitched Facebook. All the raw characteristics of a great founder and visionary were there, but not many couldn’t see it back then.
There are many things I don’t agree with Peter Thiel, especially not going to the college part :). However, is absolutely right when he said that “ZERO TO ONE EVERY MOMENT IN BUSINESS happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them.”
So, I don’t want to be Mark and I’m not a Facebook inspired entrepreneur. But I do believe in staying true to my idea (even though some said it wouldn’t work here in India, the user behavior won’t change etc..), building a great team and constantly thinking what’s next.
I’m working on a product which solved a problem I faced in my own, it’s an easy to dismiss idea, I want to reinvent the existing user behavior and it’s nothing like Facebook.