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This Tech Founder's $1.3 Billion Company Is Taking On Apple and Samsung

29 snips
Oct 24, 2025
Carl Pei, the founder and CEO of Nothing, shares his journey from a tech-obsessed kid in Sweden to leading a $1.3 billion startup aiming to disrupt giants like Apple and Samsung. He discusses his mission to redefine consumer tech with a focus on design and transparency. Pei also reveals how AI will shape their products, emphasizing the creation of Essential Apps and a personalized operating system. He highlights the importance of targeting niche markets and how Nothing's agility allows it to carve out a unique space in the competitive landscape.
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INSIGHT

Design-Driven Hardware Meets Software

  • Nothing is a design-driven consumer tech company focused on hardware and software integration.
  • Carl Pei started Nothing because he was bored with iterative products and wanted to build more interesting devices.
ANECDOTE

China Move Led To OnePlus Success

  • Carl Pei moved to China in 2011 to join the booming smartphone hardware industry and co-founded OnePlus.
  • OnePlus grew to about $3 billion in revenue over seven years, informing his approach at Nothing.
ADVICE

Wedge Into A Thin Market Slice

  • Find a very thin slice of a mature market and wedge your product into that niche.
  • Expand gradually from that foothold after proving product-market fit.
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