Thor Software: How It Changed the Stock Trading Game

Thor Software: How It Changed the Stock Trading Game

How does the Thor software work? What was it originally created for? After discovering how high-frequency trading (HFT) was impacting Wall Street and the overall financial market, Canadian trader Brad Katsuyama developed the Thor software, which slows down a broker’s order so an HF trader can’t manipulate its latency time. Keep reading for a background on the Thor software and how it’s used against high-frequency trading.

What Does IEX Company Do? More Than You Think

What Does IEX Company Do? More Than You Think

Have you ever heard of Investors Exchange, better known as IEX? What does the IEX company do to make stock trading fair? IEX is a stock exchange based in the United States and was founded by Canadian stock trader Brad Katsuyama. Michael Lewis details the creation of IEX and what the company does in his book, Flash Boys. Keep reading to learn about what the IEX company does to improve the stock market’s standards in just five solutions.

Peter Thiel: Monopoly Is Better for Society

Peter Thiel: Monopoly Is Better for Society

Can monopolies be good? What are the advantages of monopolies? According to Peter Thiel, monopoly is better for society. When a business has a monopoly (meaning it faces no significant competition in the market where it operates), it has the freedom to consider the welfare of its employees and the broader impact of its products and operations on society because profits are assured.  Here’s why monopoly is better for society, according to Peter Thiel.

Zero to One Quotes: Startup Wisdom From Peter Thiel

Zero to One Quotes: Startup Wisdom From Peter Thiel

What does Peter Thiel mean when he talks about secrets? What does he have to say about monopolies? What’s his “contrarian question”? Zero to One is entrepreneur and venture capitalist Peter Thiel’s unconventional advice for technology startups. Thiel, co-founder of PayPal and the first outside investor in Facebook, argues that technology has stagnated. Most new companies improve incrementally on existing products, but Thiel argues that the most valuable and game-changing startups create something new—they move from “zero to one.” Here are some of the best Zero to One quotes, along with context and explanation.

Zero to One by Peter Thiel: Book Overview

Zero to One by Peter Thiel: Book Overview

What principles are contained in Peter Thiel’s Zero to One? What’s on his checklist for startup success? Some animals have the drive to build things like dams, but only humans have the ability to invent entirely new things. In Zero to One, PayPal co-founder and venture capitalist Peter Thiel contends that creating new things is the best way to profit economically as well as the only path to human progress. Read more for an overview of the book Zero to One by Peter Thiel.

Zero to One: Notes on Startups ⎸4 Winning Tips

Zero to One: Notes on Startups ⎸4 Winning Tips

How do you determine your target market as a startup? Should you engage in head-to-head competition? Entrepreneur Peter Thiel offers advice on these and other startup matters in his book Zero to One: Notes on Startups. He shares strategies related to choosing a target market, dealing with competition, and building a monopoly. Continue reading for four startup tips from the book.

Startup Salaries: Why You Shouldn’t Overpay Your CEO

Startup Salaries: Why You Shouldn’t Overpay Your CEO

How much should startup employees be paid? What about the CEO? Is it better to reward employees with equity than with high salaries? In Zero to One, Peter Thiel addresses the issue of startup salaries. He explains that the CEO’s pay sets the bar for everyone else, so you must exercise caution. He also shares his advice regarding equity distribution from the outset. Here are some things to consider when setting your employees’ salaries.