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@lasithk
LK
A startup can’t be expected to have moats in the early days, but it should have a strategy in place that gives it the best chance of having them in place by the time the uncertainty window runs out.
Packy McCormick • In Defense of Strategy
If moats are the what, strategy is the how.
Every startup has a window of time during which they must simultaneously build something worth defending and build defenses around it.
For new startups, strategy is deciding how to use the window wisely. It’s about directing your limited resources towards digging moats before you’ve removed enough... See more
Every startup has a window of time during which they must simultaneously build something worth defending and build defenses around it.
For new startups, strategy is deciding how to use the window wisely. It’s about directing your limited resources towards digging moats before you’ve removed enough... See more
Packy McCormick • In Defense of Strategy
I can see parallels to the world of office productivity software. When we moved from desktop based (legacy MS office) to cloud based (Google Docs/sheets), some of the shifts you call out happened i.e. 1/ simultaneous collaboration between multiple participants 2/ single source of truth 3/ processing moved to cloud, but the unit of work still... See more
Tarun Sairam on Platforms, AI, and the Economics of BigTech
Yes, this is exactly the issue with the collaboration narrative. As MS demonstrates, Adobe could have easily replicated collaboration if the unit of work had remained the file. But with the unit of work shifting, it simply couldn't.
Stripe and Ramp have had similar effects on financial software and AI will have similar effects on many forms of knowledge work tooling.
-Sangeet (Reshuffle author)
In this stage of the framework, the moat, I will describe what happens when networks compete with other networks, and why this form of competition is so unique.
Andrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
This is not just a good way to run a startup. It’s what a startup is. Venture capitalists know about this and have a phrase for it: barriers to entry. If you go to a VC with a new idea and ask him to invest in it, one of the first things he’ll ask is, how hard would this be for someone else to develop?