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Podcast: Episode 11: Must Listen

Escape the competition

Your goal isn’t to beat the competition — it’s to escape the competition altogether. No one knows this better than Paypal founder Peter Thiel. “Competition is for losers,” he’s been known to say. Thiel is a former colleague, frequent co-investor and long-time intellectual sparring partner with Host Reid Hoffman. Enjoy the sparks.


“if you want your company to scale, your goal is not to beat the competition. Your goal is to break free of the competition entirely.”