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Hey I am on Medialย โ€ขย 1y

Day 5 : Competition is for Losers - Insights from Peter Thiel (PayPal, Palantir, Founders Fund) โ€ข Aim for monopolies, not perfect competition โ€ข Capture massive value, don't just create it โ€ข Being the "last mover" dominating a market is better than being first โ€ข Most value comes from future growth, so enduring monopolies are critical โ€ข Leverage proprietary tech, network effects, economies of scale, branding โ€ข Software businesses are key for this โ€ข Avoid herd mentality of chasing the same zero-sum competitions โ€ข True innovators pioneer open doors others overlook What do you think ๐Ÿค”โ‰๏ธ

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