> Well, as above, he did say "choose an idea that avoids competition at all costs" and joined YC thus avoiding competition by joining. Following your reasoning

> Well, as above, he did say "choose an idea that avoids competition at all costs" and joined YC thus avoiding competition by joining. Following your reasoning there should be no tech startups and everyone should join Google, Facebook regardless of the particularly of each business/industry. Not all incubators/accelerators are targeting the same demographics. Thiel could create one that is completely orthogonal to what YC is doing as of today.