This article seems to make a lot of mistakes, which is unfortunate, because they are very interesting thinkers. I can mostly speak to Thiel's views. I will spell them out, if anyone is interested.
1. Peter Thiel strongly values timing. This is not incompatible with the idea of creating your own market.
2. Thiel argues strongly against the ideas that a good invention sells itself. He emphasizes, to the point of contrarianism, that sales is underrated.
3. Thiel believes that competing on quality and price only is a sucker's game, competition. To get monopoly (the goal), you need to do something fundamentally different than anyone else (in kind, not in efficiency). The exception is if you do something 10x better than anyone else, it rolls back around to constituting a difference in kind.
1. Peter Thiel strongly values timing. This is not incompatible with the idea of creating your own market.
2. Thiel argues strongly against the ideas that a good invention sells itself. He emphasizes, to the point of contrarianism, that sales is underrated.
3. Thiel believes that competing on quality and price only is a sucker's game, competition. To get monopoly (the goal), you need to do something fundamentally different than anyone else (in kind, not in efficiency). The exception is if you do something 10x better than anyone else, it rolls back around to constituting a difference in kind.