Tools

Search

Explore

Videos Channels Figures

Atmrix

About

Tools

Search

Explore

Videos Channels Figures

Atmrix

About

PT

Peter Thiel

03/23/17

@ Y Combinator

In chess, the first mover has a slight advantage, but the goal is to be the last mover who wins the game.

Video

YC

Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5)

@ Y Combinator

Competition is for Losers with Peter Thiel (How to Start a Startup 2014: 5)

03/23/17

Related Takeaways

PT

Peter Thiel

03/23/17

@ Y Combinator

The concept of 'last mover advantage' is critical; being the last to innovate can lead to winning the market.

AH

Alex Hormozi

08/22/23

@ Chris Williamson

There's always an advantage and a disadvantage from every position; you just have to play the hand you're dealt.

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 enjoy increasing the risk and volatility in the game of chess.

DC

Dalton Caldwell

05/10/19

@ Y Combinator

Founders who move the fastest tend to create the most luck by maximizing their opportunities.

NR

Naval Ravikant

04/01/25

@ Chris Williamson

Winning at the game of wealth is easier than winning at the game of status, as the latter is often a zero-sum competition.

HI

Harvard Innovation Labs Cast

06/12/13

@ Harvard Innovation Labs

In a startup, the only advantage you have is time, so you must move quickly to capitalize on your ideas before established competitors.

RR

Richard Rumelt

01/21/24

@ Lenny's Podcast

Power in strategy is about exploiting asymmetries; you need to have some advantage that differentiates you from your competitors.

GM

Gaurav Misra

03/27/25

@ Lenny's Podcast

The easiest way to be the best is to be the first in the market.