> Thiel's quote from the article "You create a monopoly when you invent something new". I guess the issue is that, at some point, SV venture capitalists got mo

> Thiel's quote from the article "You create a monopoly when you invent something new". I guess the issue is that, at some point, SV venture capitalists got more money than creativity. Some of that money went into stupid products like a juice machine, some of it went into companies that were dedicated to killing the competition rather than create a new market. Ultimately, the "competition sucks" part outlived the rest of the article.