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Or, Amazon, Uber, and Netflix have access to so much capital based on investors' judgment that they will be able to win and protect market share by effective ex
by sokoloff 4y ago
Or, Amazon, Uber, and Netflix have access to so much capital based on investors' judgment that they will be able to win and protect market share by effective execution, thereby creating a defensible moat.
- Tanjreeve 4y agoI think his point was that If that moat doesn't exist without the ongoing context of more money being thrown at it then it isn't a moat.