Value Investing, Videos

Peter Thiel On Monopolies, Entrepreneurship and Society

An interview with billionaire venture capitalist and co-founder Valar Ventures, Peter Thiel. In this interview, Peter discusses why monopolies are good and that every business should aim to have one in their market. Peter also talks about the current state of society in terms of technological progress and gives advice on starting a business.

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Video Segments: 0:00 Introduction 2:58 The challenge of entrepreneurship 4:07 Contrarian questions 5:52 What is true that very few agree with 6:08 You always want a monopoly 14:10 Disruptive business 15:30 Go after small markets 17:34 Every trend is over rated 21:09 Imitation 23:09 Anti asperger's syndrome 24:37 Far from a scientific age 32:39 Showbusiness? 36:30 Technology vs globalisation? 43:40 Investment strategy? 48:47 How important is community in a business to success?

Interview Date: 7th October, 2015 Event: The King's College Original Image Source: