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Fail competition

Second before disaster

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57,485 views • 1 month ago •via X (Twitter)

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Peter Thiel reveals the uncomfortable rule behind why competition is for losers "We think of capitalism and competition as synonyms. I believe they are antonyms." "In business, all happy companies are different because they figured out something unique to do. And all unhappy companies are alike because they fail to escape the essential sameness that is competition."

Peter Thiel reveals the uncomfortable rule behind why competition is for losers "We think of capitalism and competition as synonyms. I believe they are antonyms." "In business, all happy companies are different because they figured out something unique to do. And all unhappy companies are alike because they fail to escape the essential sameness that is competition."

andrew engler

43,108 views • 2 months ago

“If I enter twitch I’ll carry more views. I didn’t bring celebrities to my KICK livestream to help me grow. Carter Efe is finding competition so bad. You’ll fail in life if you focus on competition. If Carter Efe can peak 10k views solo I’ll respect him as the best streamer. When Kai Cenat named Shank the best streamer there was no problem.” — Peller.

“If I enter twitch I’ll carry more views. I didn’t bring celebrities to my KICK livestream to help me grow. Carter Efe is finding competition so bad. You’ll fail in life if you focus on competition. If Carter Efe can peak 10k views solo I’ll respect him as the best streamer. When Kai Cenat named Shank the best streamer there was no problem.” — Peller.

𝐀𝐬𝐚𝐤𝐲𝐆𝐑𝐍

114,267 views • 5 months ago

.Treasury Secretary Scott Bessent cites Joe Lonsdale during his appearance this morning: "I would echo what my friend Joe Lonsdale said: in the competition with the Chinese, this is pass-fail. If we don't maintain our AI leadership, everything else we're doing will be put to the side."

.Treasury Secretary Scott Bessent cites Joe Lonsdale during his appearance this morning: "I would echo what my friend Joe Lonsdale said: in the competition with the Chinese, this is pass-fail. If we don't maintain our AI leadership, everything else we're doing will be put to the side."

American Optimist

18,200 views • 8 months ago

The CCP is more like a VC fund than a traditional central planner. Arthur Kroeber argues this is how China has succeeded, gaining massive dominance in industrial manufacturing, and sidestepping the traditional failure modes of centrally planned economies. The CCP supports broad sectors rather than single nationalised firms, and encourages ruthless competition in those sectors. Even though the CCP knows that competition will cause state-supported firms to fail, it believes that a few winners will make up for the failures.

The CCP is more like a VC fund than a traditional central planner. Arthur Kroeber argues this is how China has succeeded, gaining massive dominance in industrial manufacturing, and sidestepping the traditional failure modes of centrally planned economies. The CCP supports broad sectors rather than single nationalised firms, and encourages ruthless competition in those sectors. Even though the CCP knows that competition will cause state-supported firms to fail, it believes that a few winners will make up for the failures.

Dwarkesh Patel

134,725 views • 1 month ago

A Utah family is not messing around when it comes to their annual gingerbread house competition. Mallory Millett said her family members never fail to go all out, as seen in the video. The winning house, featured in the first and final clip of the video, was designed by one of Millett’s sisters, who is studying to become an interior designer.

A Utah family is not messing around when it comes to their annual gingerbread house competition. Mallory Millett said her family members never fail to go all out, as seen in the video. The winning house, featured in the first and final clip of the video, was designed by one of Millett’s sisters, who is studying to become an interior designer.

ABC News

39,535 views • 7 months ago

I beat one of the best published quantum circuits for breaking Bitcoin. And I have no formal training in quantum cryptography. Using just AI agents, I improved it by ~2x. But I haven’t beat Google’s best classified circuit yet. So, today I'm launching ecdsa(dot)fail -- an open competition for researchers, autoresearchers, and agents to beat Google. Download the CLI, point your agent at it, and start optimizing.

I beat one of the best published quantum circuits for breaking Bitcoin. And I have no formal training in quantum cryptography. Using just AI agents, I improved it by ~2x. But I haven’t beat Google’s best classified circuit yet. So, today I'm launching ecdsa(dot)fail -- an open competition for researchers, autoresearchers, and agents to beat Google. Download the CLI, point your agent at it, and start optimizing.

gautham

172,074 views • 1 month ago

We received submissions from all over the world. Congrats to our winners 🎉🎉🎬👏 Community Competition Prize Pool: $7,500 Best Stream: $1,100 Ilya "HalloSenpai" Kirillov Streamed 77+ hours Best Clip: $800 marchesssik Funniest Death: $800 Sawoc NFT Best Snipe: $800 EdgePlays Best Grenade Kill: $800 Mr.Papaya | HV-MTL Best Double Kill: $800 Nyashemain Best Triple Kill: $800 FrenzY Best Kill Streak: $800 tung anh 13 Kills Most Epic Fail: $800 Diego404

We received submissions from all over the world. Congrats to our winners 🎉🎉🎬👏 Community Competition Prize Pool: $7,500 Best Stream: $1,100 Ilya "HalloSenpai" Kirillov Streamed 77+ hours Best Clip: $800 marchesssik Funniest Death: $800 Sawoc NFT Best Snipe: $800 EdgePlays Best Grenade Kill: $800 Mr.Papaya | HV-MTL Best Double Kill: $800 Nyashemain Best Triple Kill: $800 FrenzY Best Kill Streak: $800 tung anh 13 Kills Most Epic Fail: $800 Diego404

EXVERSE

37,141 views • 2 years ago

The good (& bad) behind the millions: Nick Huber joins Shaan Puri to talk about the biggest bet he ever made and the mistakes he learned the hard way. Show Notes: (0:00) Intro (3:24) Breaking down Nick's portfolio (8:49) The deal structure and terms (11:20) Fail: Buying a domain for $400K, killing our traffic (12:24) Fail: Elon bought Twitter + I invited competition (16:49) New owner syndrome (18:43) How to hire overseas talent (10-min masterclass) (27:18) Peter Thiel's Stanford class (30:17) Suli's brutal advice (34:23) Holdcos are overrated (36:04) The tortoise always wins (38:52) One big thing (47:25) Roofing (51:07) Self-storage Watch now:

The good (& bad) behind the millions: Nick Huber joins Shaan Puri to talk about the biggest bet he ever made and the mistakes he learned the hard way. Show Notes: (0:00) Intro (3:24) Breaking down Nick's portfolio (8:49) The deal structure and terms (11:20) Fail: Buying a domain for $400K, killing our traffic (12:24) Fail: Elon bought Twitter + I invited competition (16:49) New owner syndrome (18:43) How to hire overseas talent (10-min masterclass) (27:18) Peter Thiel's Stanford class (30:17) Suli's brutal advice (34:23) Holdcos are overrated (36:04) The tortoise always wins (38:52) One big thing (47:25) Roofing (51:07) Self-storage Watch now:

My First Million

20,272 views • 6 months ago

WhatsApp founder Jan Koum on how to deal with competition “We always had competition - like from day one. There was actually a point in time where there was a new messaging app popping up every month. And every month there was an article on TechCrunch about how this awesome new messaging app is going to take down all other messaging apps.” But the early WhatsApp team basically just ignored it: “We didn’t say anything because we didn’t want to draw attention to ourselves. We actually - on purpose - tried to stay under the radar. But it was just kind of funny to see this dog and pony show that happened with all these apps. There was PingMe. There was MessageMe. There was GroupMe. There was Kick… There were 10 different messaging apps at some point which kept getting all this publicity.” Jan and team said: “Good for you. Have all the publicity you want. We will just stay under the radar and not have any attention drawn to us.” Jan continues: “We always had competition - be it big guys like iMessage or Facebook Messenger or little guys like Kick… Even today we have apps like Telegram… But we always said that our destiny is really in our hands. We can’t worry too much about competition. We have to worry about our product and our users. And if we spend a lot of time thinking about competition or looking at competition, we’re going to fail.” Video source: Stanford Online (2017)

WhatsApp founder Jan Koum on how to deal with competition “We always had competition - like from day one. There was actually a point in time where there was a new messaging app popping up every month. And every month there was an article on TechCrunch about how this awesome new messaging app is going to take down all other messaging apps.” But the early WhatsApp team basically just ignored it: “We didn’t say anything because we didn’t want to draw attention to ourselves. We actually - on purpose - tried to stay under the radar. But it was just kind of funny to see this dog and pony show that happened with all these apps. There was PingMe. There was MessageMe. There was GroupMe. There was Kick… There were 10 different messaging apps at some point which kept getting all this publicity.” Jan and team said: “Good for you. Have all the publicity you want. We will just stay under the radar and not have any attention drawn to us.” Jan continues: “We always had competition - be it big guys like iMessage or Facebook Messenger or little guys like Kick… Even today we have apps like Telegram… But we always said that our destiny is really in our hands. We can’t worry too much about competition. We have to worry about our product and our users. And if we spend a lot of time thinking about competition or looking at competition, we’re going to fail.” Video source: Stanford Online (2017)

Startup Archive

28,402 views • 1 year ago

WhatsApp founder Jan Koum on how to deal with competition “We always had competition - like from day one. There was actually a point in time where there was a new messaging app popping up every month. And every month there was an article on TechCrunch about how this awesome new messaging app is going to take down all other messaging apps.” But the early WhatsApp team basically just ignored it: “We didn’t say anything because we didn’t want to draw attention to ourselves. We actually - on purpose - tried to stay under the radar. But it was just kind of funny to see this dog and pony show that happened with all these apps. There was PingMe. There was MessageMe. There was GroupMe. There was Kick… There were 10 different messaging apps at some point which kept getting all this publicity.” Jan and team said: “Good for you. Have all the publicity you want. We will just stay under the radar and not have any attention drawn to us.” Jan continues: “We always had competition - be it big guys like iMessage or Facebook Messenger or little guys like Kick… Even today we have apps like Telegram… But we always said that our destiny is really in our hands. We can’t worry too much about competition. We have to worry about our product and our users. And if we spend a lot of time thinking about competition or looking at competition, we’re going to fail.” Video source: Stanford Online (2017)

WhatsApp founder Jan Koum on how to deal with competition “We always had competition - like from day one. There was actually a point in time where there was a new messaging app popping up every month. And every month there was an article on TechCrunch about how this awesome new messaging app is going to take down all other messaging apps.” But the early WhatsApp team basically just ignored it: “We didn’t say anything because we didn’t want to draw attention to ourselves. We actually - on purpose - tried to stay under the radar. But it was just kind of funny to see this dog and pony show that happened with all these apps. There was PingMe. There was MessageMe. There was GroupMe. There was Kick… There were 10 different messaging apps at some point which kept getting all this publicity.” Jan and team said: “Good for you. Have all the publicity you want. We will just stay under the radar and not have any attention drawn to us.” Jan continues: “We always had competition - be it big guys like iMessage or Facebook Messenger or little guys like Kick… Even today we have apps like Telegram… But we always said that our destiny is really in our hands. We can’t worry too much about competition. We have to worry about our product and our users. And if we spend a lot of time thinking about competition or looking at competition, we’re going to fail.” Video source: Stanford Online (2017)

Startup Archive

34,688 views • 1 year ago

Rocket 1.0 is live. This is our first major step toward Vibe Solutioning. Vibe coding solved how to build. It never solved what to build, or why. That's the harder problem and the one where most products actually fail. Rocket connects the thinking and the building in one platform. Solve your hardest business question. Build from what you solved. Watch your competition while you work. Everything shares one context. Nothing resets between sessions. The video and blog explain it better than I can here.

Rocket 1.0 is live. This is our first major step toward Vibe Solutioning. Vibe coding solved how to build. It never solved what to build, or why. That's the harder problem and the one where most products actually fail. Rocket connects the thinking and the building in one platform. Solve your hardest business question. Build from what you solved. Watch your competition while you work. Everything shares one context. Nothing resets between sessions. The video and blog explain it better than I can here.

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948,721 views • 3 months ago

The FULL Cupsey & Jack Duval Interview 00:00:00 - Why Memecoins Fail to Onboard Retail 00:04:57 - Viral Memes No Longer Pump 00:09:49 - Are Memecoins Solved? 00:15:14 - Pumpfun Doesn’t Act Like a Billion Dollar Company 00:20:18 - No Competition in the Memecoin Industry 00:28:53 - Creator Fees, Dev Incentives, and the Death of Trading 00:35:09 - New Users Are Set Up to Lose 00:42:13 - Prediction Markets vs Memecoins 00:49:51 - No New Memecoin Flows 00:59:38 - Why Devving is Better than Trading

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Counterparty

16,400 views • 7 months ago

Peter Thiel said something that flatly contradicts everything business culture claims to believe. Thiel: “Most people believe that capitalism and competition are synonyms. I believe capitalism and competition are antonyms.” That’s not a nuance. That’s a complete inversion of how you’re taught to think about value. Every business school. Every startup pitch. Every founder origin story. All built on one article of faith. That competition is the engine. That the best companies win by outfighting everyone else. Thiel says that’s exactly why most businesses fail. Thiel: “A world of perfect competition is a world where all the profits are competed away.” Follow the logic to its end. More competitors. Thinner margins. Longer hours. Less money. Competition doesn’t create wealth. It dissolves it. The harder you fight inside a crowded market, the less there is left to win. Thiel: “The example I use of a bad type of business is opening a restaurant, which is super competitive and nobody ever makes any money doing it.” A million restaurants in America. Most will be gone inside five years. Not because the food was bad. Not because the founders didn’t sacrifice everything. Because they entered a game where even the winners barely break even. Thiel: “The example of a fantastic monopoly business I give is Google, which basically has had no competition in search since 2002.” Google didn’t outcompete Yahoo. Google made Yahoo a footnote in a history nobody reads. And it has printed money every single day since. One company fought for a market. The other became the market. That distinction is the entire lesson. Thiel: “It is the goal of every founder, of every entrepreneur, to try to build a monopoly business.” But this goes deeper than business advice. Competition feels productive because it’s measurable. You can track your rank. Your market share. Your position relative to everyone else. But relative position is not value creation. You can spend an entire career optimizing for a category someone else invented and call it progress. Bezos didn’t outcompete bookstores. He built something bookstores couldn’t even categorize. Thiel: “If you’re a one-of-a-kind company, a happy company that’s doing something different, you are a monopoly.” The pattern never changes. The people who built the most wealth in human history didn’t win a competition. They made competition a non-concept. They didn’t play the game better. They designed a different game entirely. One where they set the rules and the margins and the terms. And that reframes the only question that actually matters. Not how do I beat the competition. Why am I competing at all. Because competition is a confession. That someone else defined the game. Someone else set the rules. Someone else decided what winning looks like. And you showed up to play on their terms. The most valuable things ever built weren’t better answers to existing questions. They were entirely new questions. And the person who writes the question will always own the answer.

Peter Thiel said something that flatly contradicts everything business culture claims to believe. Thiel: “Most people believe that capitalism and competition are synonyms. I believe capitalism and competition are antonyms.” That’s not a nuance. That’s a complete inversion of how you’re taught to think about value. Every business school. Every startup pitch. Every founder origin story. All built on one article of faith. That competition is the engine. That the best companies win by outfighting everyone else. Thiel says that’s exactly why most businesses fail. Thiel: “A world of perfect competition is a world where all the profits are competed away.” Follow the logic to its end. More competitors. Thinner margins. Longer hours. Less money. Competition doesn’t create wealth. It dissolves it. The harder you fight inside a crowded market, the less there is left to win. Thiel: “The example I use of a bad type of business is opening a restaurant, which is super competitive and nobody ever makes any money doing it.” A million restaurants in America. Most will be gone inside five years. Not because the food was bad. Not because the founders didn’t sacrifice everything. Because they entered a game where even the winners barely break even. Thiel: “The example of a fantastic monopoly business I give is Google, which basically has had no competition in search since 2002.” Google didn’t outcompete Yahoo. Google made Yahoo a footnote in a history nobody reads. And it has printed money every single day since. One company fought for a market. The other became the market. That distinction is the entire lesson. Thiel: “It is the goal of every founder, of every entrepreneur, to try to build a monopoly business.” But this goes deeper than business advice. Competition feels productive because it’s measurable. You can track your rank. Your market share. Your position relative to everyone else. But relative position is not value creation. You can spend an entire career optimizing for a category someone else invented and call it progress. Bezos didn’t outcompete bookstores. He built something bookstores couldn’t even categorize. Thiel: “If you’re a one-of-a-kind company, a happy company that’s doing something different, you are a monopoly.” The pattern never changes. The people who built the most wealth in human history didn’t win a competition. They made competition a non-concept. They didn’t play the game better. They designed a different game entirely. One where they set the rules and the margins and the terms. And that reframes the only question that actually matters. Not how do I beat the competition. Why am I competing at all. Because competition is a confession. That someone else defined the game. Someone else set the rules. Someone else decided what winning looks like. And you showed up to play on their terms. The most valuable things ever built weren’t better answers to existing questions. They were entirely new questions. And the person who writes the question will always own the answer.

Dustin

19,757 views • 1 month ago

At least I didn’t have to fill out any tax forms 🙏 To be serious, I loved all of these races so much. And even if an accountant might gasp at the cost, it all paid off indirectly because the races created fun stories to tell. When I was young, I chased prize purses. Now, I chase history, beauty, community, competition….and most of all—stories. Win, lose, or hilariously fail in a public way—it can all be a story. Fall down, get back up, talk about it. And if I succeed? Well, the plates can be used to collect the tears of doubters 😂 (or I guess they could gather my tears, but let’s view the plate of tears as half-full)

At least I didn’t have to fill out any tax forms 🙏 To be serious, I loved all of these races so much. And even if an accountant might gasp at the cost, it all paid off indirectly because the races created fun stories to tell. When I was young, I chased prize purses. Now, I chase history, beauty, community, competition….and most of all—stories. Win, lose, or hilariously fail in a public way—it can all be a story. Fall down, get back up, talk about it. And if I succeed? Well, the plates can be used to collect the tears of doubters 😂 (or I guess they could gather my tears, but let’s view the plate of tears as half-full)

David Roche

12,629 views • 1 year ago

The Biggest Limitation Holding Entrepreneurs Back: Thinking Too Small Most entrepreneurs don’t fail because they lack talent, resources, or even effort. They fail because they think too small. Ask an aspiring entrepreneur what their goal is, and you’ll often hear: “I want to build a six-figure business.” That sounds reasonable, right? It’s ambitious, it’s achievable, it’s comfortable. But here’s the problem: Thinking small is dangerous. A six-figure business may sound like success, but in reality, it’s fragile. One bad month, one market shift, one unexpected crisis—and it can all disappear. You don’t have the safety net, the leverage, or the momentum to survive long-term. While you’re aiming for $100K, there are businesses out there scaling to $10M, $50M, $100M. They’re building systems, expanding aggressively, and setting themselves up to dominate. Meanwhile, the small thinkers are stuck in survival mode, just trying to stay afloat. If your goal is just to “make enough,” you’re setting yourself up to always struggle. The economy changes. Competition grows. Unexpected problems arise. And if you’re only playing small, you won’t be able to withstand the storm. Wisdom from Traffic Sales and Profit 📊 on the Ideas That Matter podcast.

The Biggest Limitation Holding Entrepreneurs Back: Thinking Too Small Most entrepreneurs don’t fail because they lack talent, resources, or even effort. They fail because they think too small. Ask an aspiring entrepreneur what their goal is, and you’ll often hear: “I want to build a six-figure business.” That sounds reasonable, right? It’s ambitious, it’s achievable, it’s comfortable. But here’s the problem: Thinking small is dangerous. A six-figure business may sound like success, but in reality, it’s fragile. One bad month, one market shift, one unexpected crisis—and it can all disappear. You don’t have the safety net, the leverage, or the momentum to survive long-term. While you’re aiming for $100K, there are businesses out there scaling to $10M, $50M, $100M. They’re building systems, expanding aggressively, and setting themselves up to dominate. Meanwhile, the small thinkers are stuck in survival mode, just trying to stay afloat. If your goal is just to “make enough,” you’re setting yourself up to always struggle. The economy changes. Competition grows. Unexpected problems arise. And if you’re only playing small, you won’t be able to withstand the storm. Wisdom from Traffic Sales and Profit 📊 on the Ideas That Matter podcast.

VT

25,931 views • 1 year ago

The Yankees are giving Jose Caballero every opportunity to succeed and fail. Well deserved, too. Those underlying metrics show a player who probably won’t be an above-average hitter by the time the season is done. Still, for now, he has hit well enough to keep his job, and more importantly, he has played an awesome shortstop. Crabby might end up having the same season Volpe did in 2024, but that’s just the position he put them in by not playing well. I like Volpe and hope he succeeds, but you gotta love the urgency here. Plus, some competition can be good for Volpe in the end. WWE was stinking it up in the early 90s outside of Bret and HBK, and the best thing that happened was WCW getting hot. Am I saying Volpe is Stone Cold? Maybe.

The Yankees are giving Jose Caballero every opportunity to succeed and fail. Well deserved, too. Those underlying metrics show a player who probably won’t be an above-average hitter by the time the season is done. Still, for now, he has hit well enough to keep his job, and more importantly, he has played an awesome shortstop. Crabby might end up having the same season Volpe did in 2024, but that’s just the position he put them in by not playing well. I like Volpe and hope he succeeds, but you gotta love the urgency here. Plus, some competition can be good for Volpe in the end. WWE was stinking it up in the early 90s outside of Bret and HBK, and the best thing that happened was WCW getting hot. Am I saying Volpe is Stone Cold? Maybe.

Joe Randazzo

72,651 views • 2 months ago

Most of the people that I've met that have been successful are not in the pursuit of money, ever. I would argue that if, if you're getting into the game of entrepreneurship and you're just driven by money, you'll fail. Because it requires way more than that. You have to be so passionate about your mission and love it so much that you're willing to work 25 hours a day, eight days a week. Otherwise there’s some guy in Mumbai or Hong Kong that's kicking your ass. It’s a global competition, particularly on new ideas and all the new opportunities that AI brings and everything else that's out there. I just woke up really rich one day and I said, "How'd that happen?" It didn't change the amount of time I spend working. Today, I work harder than I ever have. David Meltzer

Most of the people that I've met that have been successful are not in the pursuit of money, ever. I would argue that if, if you're getting into the game of entrepreneurship and you're just driven by money, you'll fail. Because it requires way more than that. You have to be so passionate about your mission and love it so much that you're willing to work 25 hours a day, eight days a week. Otherwise there’s some guy in Mumbai or Hong Kong that's kicking your ass. It’s a global competition, particularly on new ideas and all the new opportunities that AI brings and everything else that's out there. I just woke up really rich one day and I said, "How'd that happen?" It didn't change the amount of time I spend working. Today, I work harder than I ever have. David Meltzer

Kevin O'Leary aka Mr. Wonderful

28,721 views • 1 year ago