The creative monopoly: Why it’s not necessarily a bad thing.
In this NYTimes Op-Ed, David Brooks tells the story of Peter Thiel: “As a young man, Peter Thiel competed to get into Standford. Then he competed to get into Stanford Law School. Then he competed to become a clerk for a federal judge. Thiel won all those competitions. But then he competed to get a Supreme Court clerkship. Thiel lost that one. So instead of being a clerk, he went out and founded Paypal. Then he became an early investor in Facebook and many other celebrated technology firms.” And now he’s teaching a class (yes, at Stanford) about everything he’s learned thus far. Which includes finding your own monopoly (no, not the illegal kind.)