3 ms·
Still not a moat tho
by poopiokaka 1y ago
Still not a moat tho
- tim333 1y agoA moat can be being the largest in a field, often the case with Buffett investments eg. Coca cola, Apple, Geico.
- smcin 1y agoNokia's global market share was ~50% in smartphones back in 2007. Remember that? Comparing "brand moat" in real-world restaurant vs online services where there's no actual barrier to changing service is silly. Doubly silly when they're free users, so they're not customers. (And then there are also end-users when OpenAI is bundled or embedded, e.g. dating/chatbot services). McDonald's has lock-in and inertia through its franchisees occupying key real-estate locations, media and film tie-ins, promotions etc. Those are physical moats, way beyond a conceptual "brand moat" (without being able to see how Hamilton Wright Helmer's book characterizes those).