Comment on Lecture 5, How to Start a Startup: Peter ThielparentComments−coryl11yTrue, I looked up the adjusted amount and it's $16m.But it semantics, as Thiel's point was to contrast the value he created with the value he captured.−omegant11yThere is a contrast only if you consider that the only way to capture value is through money.Also you may think that "Capture value" is not a priority for everybody (Not only money, but also public attention, or power).In fact capturing value as a priority may absorb too much of your time to be useful.EDIT: corrected a word
Comments
True, I looked up the adjusted amount and it's $16m.
But it semantics, as Thiel's point was to contrast the value he created with the value he captured.
There is a contrast only if you consider that the only way to capture value is through money.
Also you may think that "Capture value" is not a priority for everybody (Not only money, but also public attention, or power).
In fact capturing value as a priority may absorb too much of your time to be useful.
EDIT: corrected a word