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Escape the competition, w/PayPal's Peter Thiel

Masters of Scale

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Escape Vulnerability Is Not a Fixed Speed

iReporter: We had to get to scale as quickly as possible. And we didn't know that there would still be a rapid or i growth even when we stopped giving customer the referl bonuses, for example. Our concern was grounded in a humbling truth. Escape velocity is not a fixed speed. It's always and forever relative to your competitors. Your fastest competitor determines how hard you hit the gas.

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