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Podcast: Episode 11: Must Listen

Escape the competition

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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.

Transcript:

“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.”