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

Y Combinator

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

Peter Thiel's lecture from the How to Start a Startup course on business strategy and monopoly theory, arguing that competition destroys profits and that startups should aim to build monopolies. It covers the ideas of Zero to One.

HN recommends it as a serious, influential talk on market size and monopoly, though some commenters criticize its philosophy as endorsing anti-competitive goals.

12 Hacker News mentions · 2017–2025

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