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Escape the competition, w/PayPal's Peter Thiel

Masters of Scale

00:00

Will This Founder Re Shape the Future?

i think it was still the right idea, because there were so many regular constraints on the business. To diversify away from ebe, we had to grow the non ebe business by more than a hundred % a year. And i think that was extremely hard to do. As investors, peter and i both look for that founder who aspires to break free as much as possible. But one thing we did learn from that experience is that competition is just a drag.

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