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PG tried to say that "tech" was focused on building better mousetraps, but that's hogwash. THIS is precisely the play that all VC's are after now: find a channe
by TheRealDunkirk 6y ago
PG tried to say that "tech" was focused on building better mousetraps, but that's hogwash. THIS is precisely the play that all VC's are after now: find a channel, throw billions at it, run everyone else out of the space, and monopolize it. When people talk glowingly about "unicorns," this is what they're really saying: monopolies.
- Karrot_Kream 6y agoThis is well known. The thesis of Peter Thiel's Zero to One was precisely about how a tech company's ultimate goal should be about creating a monopoly. An op-ed by Thiel in the WSJ talk about exactly this: https://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 https://www.wsj.com/articles/peter-thiel-competition-is-for-...