Better Than Free
In the analog world, it takes great effort to make a copy.
moats
How Moats are Built
Building a moat is the difference between having fun with business, vs eating glass all day, every day, for years. This is how moats are actually built.
It’s also true that Power is much easier to identify than it is to build.
Bandag
What If There Is No Moat Yet? | Tomasz Tunguz
At the application layer, moats are lagging, earned through scale & brand. At infrastructure, capital intensity demands a leading moat at founding.
Anthropic's Compute Advantage: Why Silicon Strategy is Becoming an AI Moat
Why Anthropic’s integration into hyperscaler silicon programs may give it a lasting advantage in the economics of frontier AI.
Building Long-Lasting Companies with AI Moats | Nicholas Charriere posted on the topic | LinkedIn
This is a great resource.
‘We’re building a moat around a castle’: How Gallagher’s CEO struck 500 deals in 30 years
The third-generation CEO has transformed the insurance broker’s valuation, but says its size has not given it pricing power.
Picking Unfair Fights | The WoodShedd
I’ve learned early in life that game selection is a HUGE determinant of success. Let me tell you about the worst game I’ve fought & the easiest bet I’ve ever won. Both taught me about choosing unfair fights and playing by your own rules… Let’s start with the entertaining worst…
The Shirky Principle: Institutions Try to Preserve the Problem to Which The
2,851 Miles // Bill Gurley (Transcript + Slides)
Hey everyone! I’ve mostly started sharing my favorite memos and transcripts over at A Letter a Day, but as it’s more of a tasting menu, I’m reticent to post multiple memos or tran…
China’s flagship CPU designer puts on a brave face amid US sanctions
Chinese chip designer Loongson, which has tried to reduce the country’s reliance on Intel and AMD, is developing its own general-purpose GPU despite being added to a US trade blacklist.
Two design rules that make products win. - by Thomas Drach
The secrets of Zoom, Amazon, and Apple products.
How do you solve world-class problems?
The power of primitives
Meet the 16 members of the EDA Alliance underpinning TSMC dominance
Kuo-Hua Chou, special to DIGITIMES Asia
The Art of Profitability by Adrian Slywotzky
This is a book summary of The Art of Profitability by Adrian Slywotzky. Read The Art of Profitability summary to review key ideas and lessons from the book.
How to Build a Company That Lasts Forever
At the core of Europe's strongest economy is the Mittelstand, a tier of impeccably run small manufacturers that measure growth not in years but in centuries. Here's how they do it, in five very German lessons.
https://codingvc.com/the-value-of-data-part-1-using-data-as-a-competitive-advantage
http://platformed.info/platform-strategy-and-walled-gardens-in-the-toy-industry/
Aggregation Theory
The disruption caused by the Internet in industry after industry has a common theoretical basis described by Aggregation Theory.
Storming Reddit's Moat
A Guide to Reddit, Its Key Competitive Advantages, and How to Unbundle It
Why Competitive Advantages Die · Collaborative Fund
A few factors I’ve seen pull winners off the podium…
Goodbye Gatekeepers
Harvey Weinstein was a gate-keeper — a position that existed in multiple industries, including the media. That entire structure, though, is untenable on the Internet, and that’s a good thing.…