Escape the competition, w/PayPal's Peter Thiel
Masters of Scale
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The Magic Words to Use to Get Money
In silican valley, competition downright lethal. When you have to burn north of ten million a month from march to september, that was pretty uncomfortable. Peter wasn't exactly gungho of this idea but decided to pay users despite his misgivings. If an existing pay pal er referred our service to a friend, they each got ten dollars on line, cash on the house.
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