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Thiel says: "In practice we have found that if you only ask one question, ask that." Bragger hears: "that should be the only factor when evaluating a startup’s
by philh 16y ago
Thiel says: "In practice we have found that if you only ask one question, ask that."
Bragger hears: "that should be the only factor when evaluating a startup’s chances of success".
How much the CEO makes might not be the best predictor of startup success, but it might be the best one that you can accurately judge by asking a single question. You can't ask "is your product solid?" and expect a meaningful answer.
Of course, since noone would ever try to predict a startup's chancess of success on the basis of a single question, it's also possible Thiel was just using artistic license.