Competition is for losers: If you want to create and capture lasting value, build a monopoly, writes @PeterThiel http://on.wsj.com/Zjpcpj @WSJ
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Replying to @DanielleFong
@DanielleFong@peterthiel@WSJ while reading this I kept on thinking of Uber and Lyft's battle for dominance,driving prices into the ground.1 reply 0 retweets 0 likes -
Replying to @AdinoyiSadiq
@AdinoyiSadiq@peterthiel@wsj from my perspective you've got a point ;-) fight and win -- or create value in a way no one can substitute1 reply 1 retweet 0 likes -
Replying to @DanielleFong
@DanielleFong@peterthiel@WSJ True or fight and destroy your competitor while also annihilating yourself. (nuclear option) :D1 reply 0 retweets 0 likes -
Replying to @AdinoyiSadiq
@AdinoyiSadiq@peterthiel@wsj yeah I don't think they'd like the nuclear option so much. Better to ally vs complacency...1 reply 0 retweets 0 likes -
Replying to @DanielleFong
@DanielleFong@peterthiel@WSJ I guess that's the forth option; competing forces merge to form a monopoly.1 reply 0 retweets 0 likes
@AdinoyiSadiq @peterthiel @wsj in that case merging would be a bad idea... Too obvious. Better to ally and *look* like you're competing
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