"Variants of this idea that I frequently hear engineers and VCs repeat involve companies being efficient and/or products being basically as good as possible bec

"Variants of this idea that I frequently hear engineers and VCs repeat involve companies being efficient and/or products being basically as good as possible because, if it were possible for them to be better, someone would've outcompeted them and done it already" Reminds me of the old joke -- an Economist walks past a $100 bill on the sidewalk, but doesn't bother to pick it up. He turns to his friend and declares smugly: "If it were real, someone would have taken it already."