German-American entrepreneur and investor — co-founder of PayPal, first outside investor in Facebook, founder of Palantir and Founders Fund — whose book Zero to One is the most widely read text on startup theory.
Creates the monopoly theory of startup success — Thiel's central argument (competition is for losers; the goal is to build a monopoly by creating something genuinely new) inverts conventional economic thinking and provides a distinctive framework for startup strategy.
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