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Regulatory lock for both Palantir and Facebook. Regulations can be very good for large businesses as they erect enormous barriers to entry into certain spaces t
by SimbaOnSteroids 9y ago
Regulatory lock for both Palantir and Facebook. Regulations can be very good for large businesses as they erect enormous barriers to entry into certain spaces that only established companies can hope to surmount.
- deleted 9y ago[deleted]
- krylon 9y agoI am not willing to believe that on such scarce evidence. I not exactly a fan of Peter Thiel, but I am not convinced he is that ruthless. However, if it were true, it matches so perfectly the article he wrote for WSJ a few years ago. It was literally titled "Competition is for losers". [1] I still do not think that he basically wants to bully all the competition away so he can make more money and become more powerful. And I will not even go into how likely it is that could actually succeed with such a move, if he did. But still - if the rumors should turn out to be true, we cannot say that nobody could have seen that coming, in fact he told us himself what he was going to do. If. And at that point truth has become indeed stranger than fiction. [1] https://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 https://www.wsj.com/articles/peter-thiel-competition-is-for-...
- creaghpatr 9y agoI mean, it's straight out of his book Zero to One, something about being "last to market"
- SimbaOnSteroids 9y agoThe high falutin fancy pants term is regulatory capture[0]. [0]https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture