Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5)

0 views
0%



Lecture Transcript: http://www.tech.genius.com/Peter-thiel-lecture-5-business-strategy-and-monopoly-theory-annotated

Peter Thiel, founder of Paypal and Palantir, discusses business strategy and monopoly theory in “Competition is For Losers”.

See the slides and readings at http://www.startupclass.samaltman.com/courses/lec05

Discuss this lecture: http://www.startupclass.co/courses/how-to-start-a-startup/lectures/64034

Chapters (Powered by https://bit.ly/chapterme-yc) –
00:00:00 – Introduction
00:00:50 – Outline
00:00:57 – Capturing value
00:01:57 – Big piece of a small pie
00:03:37 – Perfect competition
00:04:31 – Monopoly
00:05:33 – Lies people tell
00:05:36 – Differences underestimated
00:06:59 – Narratives
00:07:54 – British food in Palo Alto
00:08:40 – Do the intersections make money?
00:08:45 – Blockbuster movie
00:09:29 – Is the intersection valuable?
00:09:35 – Startup version
00:10:11 – The search market
00:11:00 – The advertising market
00:11:29 – The technology market
00:12:36 – Evidence of narrow markets
00:13:28 – How to build a monopoly
00:13:39 – The right size
00:14:36 – Start small and expand
00:17:05 – Start big and shrink
00:18:40 – Last mover advantage
00:18:45 – Characteristics of monopoly
00:27:10 – Value of the future
00:27:55 – History of innovation
00:28:28 – Technological innovation
00:30:16 – Capturing value
00:31:59 – Success cases
00:37:03 – Psychology of competition
00:38:14 – Mimetic preferences
00:38:33 – Competition as validation
00:42:22 – Q&A
00:42:26 – Q1
00:43:01 – Q2
00:43:38 – Q3
00:44:34 – Q4
00:46:40 – Q5
00:47:55 – Q6

Date: March 23, 2017
Startups advice class how to start a startup lecture Peter Thiel Sam Altman stanford startup Startup School y Combinator YC

Related videos

Show more related videos

37 thoughts on “Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5)”

  1. Peter first few samples made then tried and then markets accordingly to their utility which you know while thinking 💭 f these ideas absolutely new and needed in consumer market that’s how you think of products which nobody yet even thought about in tech also

  9. The Western monopoly structure seems to have had a very effective flaw, and the word which describes it better is disenfranchise.

    More specifically it has achieved in disenfranchising a very specific useful group of the Western civilization structure part, and this group is millionaires.

    More specifically the type way method and path which based upon such level and degree of security, meaning being a millionaire, which with and within a large Western economic area makes it quite a large group, would go out of such an economic area, export as close as possible to zero and important money and investment back, at a considerably practically functioning ratio.

    The disenfranchisement has turned such a large group into a savings structure with and within the Western civilization economic structure, and simultaneously a much higher money exporting ratio to and by that which is equally imported back as money or investment from and by the outside of the Western civilization economic structure.

    Meaning the overall unitary exported structure is always much higher than the one imported back, considering such structure is money and investment.

    Other parts of the world monopoly structure does not operate through the same types, ways, methods, and paths let alone parameters.

    I have excluded the cultural, philosophical, religious and scientific disenfranchisement.

    I will include the security part insted, meaning the exact same process is well underway regarding the Western civilization security structure, which means the security exporting structure ratio, to and by the outside of the Western civilization structure, is always higher as a consequence of and the monopoly structure, to and by the imported security structure ratio from and by the outside of the Western civilization structure, compared to as close as possible to zero that used to exist for and by a very long considerable period continuously.

Leave a Reply