Conversation

I’m astounded by how often the concept of “building moats” comes up. If you think the technology you’re building is good for the world, why not laser focus on expanding your tech tree as quickly as possible vs. slowing down and dividing resources to impede the progress of others?

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Zack Kanter

@zackkanter

Nov 5, 2020

i) Moats are often structural qualities of a business, not something additional that has to actively be built, and ii) a moat just means ability to maintain margin (through higher prices or lower costs) over a long time horizon, which allows for more R&D.

Replying to

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Remarkable how often the financial part (maintaining margin) is left out of the concept.

11:16 PM · Nov 5, 2020Twitter for iPhone