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Escape the competition, w/PayPal's Peter Thiel

Masters of Scale

00:00

Is There a Competition?

Peter Thiel: Eb scared the dickens out of us, and i distinctly recall him asking me to sell the company to any one who would buy it for 600 million dollars. We're suranly not alarmed about e b initially, because they did not yet launch the bill point product. That got launched after we got started. They'd bought the company, but the haven't done much with it yet. Whole thing could blow over.

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