January 24, 2020
Competition is For Losers: A Lecture By Peter Thiel
Peter Thiel (@peterthiel) is a famed Silicon Valley venture capitalist, philanthropist, the co-founder of Paypal and Palantir Technologies, as well as the founder of Thiel Capital.
Key Takeaways
- “If you’re starting a company, you always want to aim for a monopoly and to avoid competition. Hence, competition is for losers.” – Peter Thiel
- …
Table of Contents
- Competition is for Losers
- What makes a business valuable?
- Monopolies Pretend to Be Competitive; Competitive Businesses Pretend to Be Monopolies
- To Build a Monopoly, Start Small and Expand
- Monopolies Ulilzie These 4 Things
- The Last Mover Advantage
- Make Sure to Capture the Value
- Make Sure to Capture the Value
- The Psychology of Competition
- Wrapping Up
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