3 ms·
7 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 moa
by lumost 3y ago
7 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.