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IPFS News Link • Books

Atlas Shrugged Is Full of Terrible Business Advice

• http://www.slate.com, By Max Nisen
 PayPal co-founder and early Facebook investor Peter Thiel counts it as his inspiration. Lululemon founder Chip Wilson is also a big fan; the company got significant flack for printing the phrase "Who is John Galt" on its bags. Uber CEO Travis Kalanick is a Rand devotee as well, at one point using the cover of "The Fountainhead" as his Twitter avatar.

Given their success, these businessmen must rely on the book as more of a personal narrative than for many of their business decisions. Because, for a novel that's at least partially about business, "Atlas Shrugged" offers some really bad business advice. There are good points, like the idea that successful businesses have to pick the best and most efficient partners over friends and that competition is usually a good thing, but there are lots of very bad ones.

We've picked out a few of the most famous quotes, passages, and ideas that could lead would-be devotees astray.


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