3 ms·
> Strong moats are monopoly-like concessions (Verisign), exclusive technological edge (ASML), brands (Coca Cola), etc. Agreed with the exception of Verisign. M
by mschuster91 5mo ago
> Strong moats are monopoly-like concessions (Verisign), exclusive technological edge (ASML), brands (Coca Cola), etc.
Agreed with the exception of Verisign. Many a "security" company went bust like DigiNotar after mishaps or hacks. Being a globally trusted root CA or DNS operator is a strong moat - but also an incredibly brittle one.
And brands... brands aren't as safe as we thought either, as "store brands"/"private labels" are taking up more and more market share [1].
[1] https://www.nbcnews.com/business/consumer/shoppers-are-trading-private-label-store-brands-even-realizing-rcna215285 https://www.nbcnews.com/business/consumer/shoppers-are-tradi...