Questions

Peter Thiel

You're advising a restaurant chain. 500 locations, all competing on price. What's the monopoly play?

You're not running a restaurant chain—you're a real estate company with a food problem.

Five hundred locations competing on price is the worst position in any industry. You're in a mimetic tournament where everyone copies each other's menus, decor, and pricing strategies until you're all basically selling water in different bo...

last month Thought for: 4m 24s