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
Great example of what's precisely half-true of what
@PeterThiel theorizes.@DanielleFong@pmarca1 reply 0 retweets 1 like -
Replying to @TrampolinRocket
Here's thing: you build something great, competitors come. If you're great, you've disrupted self by time they arrive.
@DanielleFong@pmarca2 replies 1 retweet 2 likes
Replying to @TrampolinRocket
@TrampolinRocket @pmarca true; but to Peter's credit he asked us to imagine all the ways LightSail could be disrupted before he invested
1:30 AM - 13 Sep 2014
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