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KH

Kevin Hale

07/26/19

@ Y Combinator

Having a monopoly means that as your company grows, it becomes increasingly difficult for competitors to defeat you, often due to network effects.

Video

YC

Kevin Hale - How to Evaluate Startup Ideas

@ Y Combinator

Kevin Hale - How to Evaluate Startup Ideas

07/26/19

Related Takeaways

PT

Peter Thiel

03/23/17

@ Y Combinator

Characteristics of a monopoly include proprietary technology, network effects, and economies of scale, which can lead to sustained market dominance over time.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

Companies that have a network effect or data lock-in create a natural moat, making it difficult for competitors to replicate their success.

PT

Peter Thiel

03/23/17

@ Y Combinator

The critical aspect of a monopoly is not just achieving it but maintaining it over time; being the last mover in a category is often more valuable than being the first.

PT

Peter Thiel

04/02/15

@ Mercatus Center

I think the goal of every successful business should be to achieve a monopoly, as this is crucial for long-term success.

PT

Peter Thiel

03/23/17

@ Y Combinator

If you're starting a company, always aim for monopoly and avoid competition; competition is for losers.

EG

Elad Gil

03/09/18

@ Y Combinator

A defensible business model is essential for long-term success, and real moats, such as network effects, are more valuable than perceived ones.

PT

Peter Thiel

03/23/17

@ Y Combinator

Elon Musk's success with Tesla and SpaceX is attributed to their complex, vertically integrated monopoly structures.

RR

Richard Rumelt

01/21/24

@ Lenny's Podcast

The size of your user base can create network effects, making your product more valuable as more people use it, which is a powerful advantage in today's market.

TS

Tim Sweeney

04/30/25

@ Lex Fridman

Apple's monopolistic practices prevent developers from directly engaging with their customers and hinder the competitive landscape of the app economy.