What The Death of Software Means for Business Models
For very early-stage startups, thinking about moats is generally not as important as extreme focus, rapid shipping cadence, and customer-centricity. However, there is one business model that leads to a widening moat over time and the ability to become what @henryellenbogen in a @colossusmag article calls a compounder: a company that has "the ability to get better as they got bigger, face less competition as they gained scale, and could rein...