Startup lecture dissects 7 durable moats, opens with Google's chatbot blunder
richardreis · x · 2026-10-18
The author releases Lecture 5: How To Build a Competitive Advantage (That's Hard to Copy) in his startup course series, with a full timestamped outline.
- Opens with the case that Google invented the transformer, ran chatbots internally for years, and shipped none until OpenAI forced its hand — "where do the ads go?" as the innovator's dilemma in one line.
- The lecture walks through the 7 Powers framework: counter-positioning, cornered resource, scale economies, network economies, switching costs, branding, and process power.
- Also covers early-stage founder caveats, a three-stage power progression, and homework: find your product's power; next week covers network effects.
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