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| Name | Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5) |
| Video Uploader | Video From Y Combinator |
| Upload Date | This Video Uploaded At 22-03-2017 19:32:28 |
| Video Discription | 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 [3Fx5Q8xGU8k] |
| Category | Science & Technology |
| Tags | YC | Y Combinator | Startup | Lecture | Stanford | Class | Sam Altman | How to start a startup | startup school | peter thiel | advice |
