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> Good execution remains differentiated. Levels is a good example of this. While we're sitting here waxing poetic about moat or no moat and what to do with th
by Swizec 3y ago
> Good execution remains differentiated.
Levels is a good example of this.
While we're sitting here waxing poetic about moat or no moat and what to do with these AI things, he's made some 7 figures in cold hard cash revenue from building and shipping things people want.
https://twitter.com/levelsio/status/1669269424543793153 https://twitter.com/levelsio/status/1669269424543793153
- lumost 3y ago7 figures is pretty great for an individual, assuming that there is at least a 50% margin. For a company it's a good start in SF. Scaling a business with no moat will quickly bump into margin compression and a race to the bottom. Not a problem if you are an individual with no intent to scale, but a big problem if you are investor looking to invest 8 figures.
- Swizec 3y agoDistribution is a defendable moat however. Even for investors. Once you have a few thousand users giving you cold hard cash to use your service, you also have access to way _way_ better product development and marketing information. Not to mention a lot of data you can use to fine-tune your AI in ways that a competitor starting from scratch couldn't dream to replicate. This is a big part of why you see all these BigTech companies adding AI features. Their existing user-base is the moat.