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Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5)

“The tremendous price (of competition) is that you stop asking some bigger questions … don’t always go through the tiny little doors that everyone tries to rush through, maybe go around the corner, go through the vast gate no one is taking.”

a business create X dollars of value and captures Y% of X

X and Y are independent variables。

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