Monopolies are good, Thiel said, because “they are much more stable, longer-term businesses, you have more capital, and … it’s symptomatic of having created something really valuable.”
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Monopolies are good, Thiel said, because “they are much more stable, longer-term businesses, you have more capital, and … it’s symptomatic of having created something really valuable.”
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“The first piece of startup wisdom I heard was ‘increasing your sale will fix all problems’,” Altman wrote in a 2013 blog post titled “Growth and Government” that thanked Graham and Thiel for shaping his ideas.
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… staff writers Parmy Olson and Carolyn Silverman summarized it succinctly – the data “raises an uncomfortable prospect: that this supposedly revolutionary technology might never deliver on its promise of broad economic transformation, but instead just concentrate more wealth at the top.”
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