Lecture 5 – Competition is for Losers (Peter Thiel)

“Competition for Losers” says Peter Thield. This is the key important takeaway from this lecture.
Sponsored by Stanford University, this lecture details the various competitive business and pricing strategies by Peter Thield, the founder of Paypal and Palantir. Specifically, it focuses on the lies, cons, pros of how monopoly and non-monopolies. He discusses major industries, including entertainment, IT, ecommerce, government, and others, and their growth from non-monopoly into monopoly sector.

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