Peter Thiel’s Stanford Lecture Nr. 5: Competition is for Losers

«Escaping competition will give you a monopoly, but even a monopoly is only a great business if it can endure in the future.»

—Peter Thiel, Zero to One

Let’s Go to Class: Peter Thiel on Competition

Click here for slide deck.

A transcript of class nr. 5 is available here.

Also, Blake Master’s notes from the Thiel classes can be found here.

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«If I do my job right, this is the last class you’ll ever have to take.» 

—Peter Thiel

Additional Reading

HBS Video Lecture: Michael Porter on Competitive Strategy [Part 1]

“The intensity of competition in an industry is neither a matter of coincidence nor bad luck. Rather, competition in an industry is rooted in its underlying economic structure and goes well beyond the behavior of current competitors.” —Michael Porter, Competitive Strategy

Click image below to download slide deck from Michael Porter’s presentation in the video above. Skärmavbild 2015-12-14 kl. 20.40.49