Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
In Productive Uncertainty , Jerry Neumann wrote that “the only moat that can create excess value for a new startup is uncertainty” because “uncertainty keeps competition at bay long enough for a moat to be built.”
Mustafa Suleyman, Microsoft’s AI CEO, believes this is the primary way AI companies will differentiate their products. It all comes down to personality
App layer is where most of the value is. Nothing has changed. Humans like a well designed focused UX that deeply solves a problem as a first class citizen, not a text box that tries to do everything.