In year three your competitors invest in making a better model and crush your business because you have no moat at all. The entire business requires massive on

In year three your competitors invest in making a better model and crush your business because you have no moat at all. The entire business requires massive ongoing investment because getting massive investments is the only thing resembling a competitive advantage that you can get. The equivalent to anything you can do will be available as an open weight set in six months to a year. Sink or swim.