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RE: Competition And Self Interest - The Ultimate Group Strategy

in #capitalism8 years ago

In "From Zero to One," Peter Thiel notes that competition is worse than finding a "natural monopoly" (unexploited domain) and cooperation (bringing competitors like Elon Musk of X.com into the same company, Paypal, so competition becomes cooperation).

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I'm not sure I understand the point... So Thiel is not a fan of competition?

Cg