Positive Tenacity

By

John

|

Lecture 5 – Competition is for Losers (Peter Thiel)

Peter Thiel explains why “Competition is For Losers”.

See the slides, readings, and more, at startupclass.samaltman.com/courses/lec05­/

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ABOUT Positive Tenacity

These are my notes from building and investing in startups. I’m John S. Kim, Co-Founder/CEO of Sendbird, and General Partner at Valon Capital/ASQ. Learn more here.

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FOLLOW MY JOURNEY

We hosted our Delight Spark ‘26 conference in Korea. We do this once in San Francisco, and another in Seoul. A fun morning chat with my school about startups, AI, and reflecting back on the school years. Can’t stop won’t stop 🍼 🐈‍⬛ #kitten #kittenoftheday We had a blast at May 2026 Spark in San Francisco. @sendbirdhq show cased the latest of our Delight.ai product launches. Punching bags. Authors. And became a fan of @taylorswift! Wow 🤯 🤩 Had fun connecting with founders at AGI house a few days ago. Shared our story of coming to US, building an AI agent company, finding product-market fit, and fun & loving Brazilian culture. 🇧🇷 Thanks for having me. Give me ⭐️⭐️⭐️⭐️⭐️ stars! Do epic shit 👊 Our final dinner in the art forest. An evening spent building deep connections, finding healing, and looking toward the future together. Doing it all with the fog forest as our backdrop was absolutely unforgettable. 🌫️😶‍🌫️ A healing day at the Khao Yai Art Forest. Grateful to connect with leaders from around the world who share a deep commitment to caring for our future. From discussions on AI to longevity, it’s inspiring to see what happens when purpose-driven minds gather. 🌲💡 An unforgettable night made even more spectacular. Honored to share a moment with the incomparable Ms. Fan Bingbing (@bingbing_fan) at the gala dinner. Her grace, adventurous spirit, sense of humor, and timeless elegance are even more captivating in person. ✨ I feel so honored and grateful to have been part of the @bangkok_kunsthalle & @khaoyai_art_forest ‘A Night in the Healing Forest’ gala. 한국공학한림원 2026 Had a lovely 🍵 with Elizabeth, CTO of Netflix. She was so kind and warm. I really am proud of our team and our high-trust partnership. Let’s keep going! 🚀 Got some folks together for an event. :)) Good meeting today with fellow CEOs. And what a fantastic home made dinner. 🙏 Congratulations Nanro foundation for pushing Korean culinary art forward and across the globe. Such a proud moment. 🙏