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It's not a good argument .. traditional barriers to entry are never as insurmountable as they may seem at first. I doubt Jeff Bezos was concerned with the "amou
by argumentum 13y ago
It's not a good argument .. traditional barriers to entry are never as insurmountable as they may seem at first. I doubt Jeff Bezos was concerned with the "amount of cash" needed to compete with Border's or Barnes & Noble.
The real barrier to entry is not competition from other companies, it is building a great product/service/company yourself. If it were so easy to "use S3" to start a Dropbox, why is there only one Dropbox? What's stopping anyone from "using EC2" to build another Facebook?
How exactly do you explain how Google/Apple/MS/etc became Google/Apple/MS/etc?
- toomuchtodo 13y ago> How exactly do you explain how Google/Apple/MS/etc became Google/Apple/MS/etc? The moat is much higher than it was 5-10 years ago. Do you have billions of dollars that you're sitting on that you could use to compete against Google/Apple/MS?
- argumentum 13y agoI think you either meant the "moat" is a lot deeper .. ;) You'd be in an extreme (and incorrect) minority with that view anyway. Clearly it's much cheaper and easier to start on online bookstore today than 5-10 years ago.