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Back in the 2000's, Google became the winner in search engines because they had a good product and gave better results. That was not a moat. Then they expanded
by minimaxir 2y ago
Back in the 2000's, Google became the winner in search engines because they had a good product and gave better results. That was not a moat.
Then they expanded into an ecosystem, e.g. Gmail. That was a moat.