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Peter Thiel

03/23/17

@ Y Combinator

The airline industry, despite its large revenue, has historically had negligible profits, while Google, with a smaller market, has been much more valuable due to its high profit margins.

Video

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

Tom Blomfield

07/26/24

@ Y Combinator

In industries with extreme competition, like the airline industry, where products are essentially commodities, margins can be driven down to unsustainable levels, leading to a brutal business environment.

Sundar Pichai

05/27/25

@ The Verge

The investment in AI technology will eventually yield significant returns, similar to how Gmail evolved into a major revenue source for Google.

Sundar Pichai

05/16/25

@ All-In Podcast

Google's infrastructure advantage allows it to deliver AI models at a cost-effective price point, enhancing performance and product quality.

Michael Seibel

11/29/18

@ Y Combinator

From a financial perspective, working at a company like Google is often safer than starting a business, but it may not lead to personal fulfillment for everyone.

Sundar Pichai

05/16/25

@ All-In Podcast

The talent market is competitive, but Google is fortunate to attract top talent and has a strong track record of employees starting successful companies.

Nikesh Arora

12/08/23

@ The Logan Bartlett Show

Google's success was largely due to its product being the brand, as it gained traction without spending on marketing, unlike many other tech companies.

Harvard Innovation Labs Cast

02/02/14

@ Harvard Innovation Labs

The key to Google's success was not the technology itself, but their innovative business model that allowed them to monetize users through advertising instead of software sales.

Y Combinator Cast

06/07/24

@ Y Combinator

In the AI landscape, there are numerous opportunities for startups to create applications that large companies like Google and Apple are unlikely to pursue, particularly in the B2B sector.

Andrew Ng

08/30/23

@ Stanford Online

The majority of financial value from AI today comes from supervised learning, which can generate over 100 billion US dollars a year for companies like Google.