In the long run, brand is the only moat.
@tunguz
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Something Will Happen: Probability Equals One
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This might be an unpopular opinion, but p(something happens) = 1
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Google’s Evolution: From Physical Books to Digital Search
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Back then Google was an actual physical book, and Googling something required you to flip through thousands of pages.
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Institution Reform Timescales in the AI Era
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The question is not if some institutions are reformable. Most of them are, given enough willpower and resources, and willingness to make some difficult choices. The question is if they are reformable on a reasonable timescale. And here I’m afraid most of them are ngmi.
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Startup Profitability Reality: VC Market Trends Analysis
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Thanks, a very good article. Gives me more perspective on the way VC works. BTW, do you have any information on actual profitability of startups that have been founded over the past 20 years? I have an impression that the vast majority are not doing all too well.
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Institutions overcome human instincts at scale
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Almost no one has intrinsic affiliation to principles. Takes strong institutions to overcome basic instincts. Especially at scale.
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Proprietary Data: The New Competitive Moat in AI
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Having access to high quality proprietary data is turning into such a powerful moat.
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Intelligence Defined: The Ability to Adapt to Change
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