Monopoly

“I think any industry that is highly valuable, that has a monopoly today, Will not have a monopoly, 12 to 24 months from now, because.”

“And I'm a monopolist. I believe in Peter Thiel's theory on monopoly. I don't believe that you should have competition. They have to be eliminated. That's the American way, in my opinion. Everyone says there's always room for competition. I don't think there's …”

“Think of the world as a game of monopoly. You need to have chips to play, and the more chips you have, the more fun it is to play. People say it's not important, but it is.”

“Yeah, if you create a monopoly, I might not like it. If you hurt other people, I might not like it. If you concentrate power into your hands to an extreme extent, I might not like it because that's just not American.”

“What normally happens is somebody does something close source. It turns out to Create a market and then somebody releases open source and it like stops a monopoly from forming and enables everybody else, you know, and then it kind of, you know, keeps the peopl…”

“All of these dynamics you in, in all the history, they either end up in monopolies or duopolies, right? And so the stakes are really large. And so the competition is fierce.”

“When you combine these two things, the Moore's Law and Moore's Second Law, it implies that the leading company, that most profitable company, will become a monopoly.”

“The price of monopoly is eternal aggression”

“So if I look at failing institutions in the Western world, almost all of them are characterized by the fact that they were granted a monopoly And there's no option for exit.”

“The opposite may be true, that a monopoly enables investment in long term thinking and long term ideas that you never otherwise see.”

“Unless you find some clever way of creating a monopoly, in which case you can be a douche or evil, you're only ever going to capture 30 plus 40% maybe of a market.”

“I think the best way to destroy a monopoly is to build better technology that disrupts them. And that has always been the case throughout history. And anytime government gets involved and tries to break up a monopoly in a way that is not natural to the way the…”

“It is very hard even for large companies to understand that behavior that would be That would be condoned when they were a small player is in fact illegal once you become a monopoly. Companies like, especially people that have been in the same company for 15 y…”

“If you're an entrepreneur or founder, you always want to build a monopoly.”

“You're striving for monopoly you know, and then afterwards you don't have one because, you know, there's rarely any, but, you know, along the way you, you've bumped up, bumped off a few competitors and you have some new ones and, you know, there's some theorie…”