Peter Thiel Says He Looks For Platforms Big Amongst Small Businesses, Not Consumers

While plenty of platforms can go viral with consumers, VC idol Peter Thiel said today that he's impressed by platforms adding legions of small businesses. Speaking at the annual conference of electronic medical record platform Practice Fusion, Thiel explained "High paid sales people can get big companies, mass marketing can get consumers, but it's difficult to get small businesses". If you see a platform managing to sign lots of small businesses, it could be a winner. Investors take note.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/PV8MWrULPCI/

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