Given the context, I’m interpreting “monopoly” loosely and include being the dominant player in the definition.
Thiel talks about how you would want to parlay your technological (or first-mover) advantage into a monopoly and he clearly means companies like Microsoft or Google which are not legal monopolies like AT&T was.
Given the context, I’m interpreting “monopoly” loosely and include being the dominant player in the definition.
Thiel talks about how you would want to parlay your technological (or first-mover) advantage into a monopoly and he clearly means companies like Microsoft or Google which are not legal monopolies like AT&T was.