Concept

Accumulating Advantages

Structural advantages that compound over time to make a business progressively stronger and harder to compete with, of which network effects are only one example among several possible types.

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Concept

Accumulating Advantages

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  • … The second question I'd ask is very typical of always ask this question for like 25 years, which are what are the accumulating advantages of the startup? You do want to believe that over time you create an unfair advantage.