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Anna Karenina written by Leo Tolstoy is known as the greatest novel of all times. It begins with this famous sentence : All happy families

Anna Karenina

written by Leo

Tolstoy

is known as the greatest novel of

all times. It begins with this

famous sentence

: "All happy families are alike; each unhappy family is unhappy in its own way." This looks true in

literature but when it comes to business, Peter Thiel, founder of PayPal and Palantir has an opposite

opinion

.

In his

controversial book

"

Zero to One: Notes on Startups, or How to Build the Future" he wrote:

"All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies

are the same: they failed to escape competiti

on". He also delivered a talk entitled "Competition is for Losers" at

Stanford University's Center for Professional Development to elaborate this idea more. Watch

the video (link is

below)

and write your comments on it? How do you evaluate his

opinion

? Do

you agree with him or not? Explain.

https://www.youtube.com/watch?v=gQPlhycLmMk

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