The power of defaults « julian.digital
The world’s most successful companies all exhibit some form of structural competitive advantage: A defensibility mechanism that protects their margins and profits from competitors over long periods of time. Business strategy books like to refer to these competitive advantages as “economic moats”.
The power of defaults << julian.digital > Hello > My name is Julian > This is my lifelog > and digital playground The power of defaults Are network effects overrated? 01 Intro The world’s most successful companies all exhibit some form of structural competitive advantage: A defensibility mechanism that protects their margins and profits from competitors over long periods of time. Business strategy books like to refer to these competitive advantages as “economic moats”. One of the most cited types of moats is the concept of network effects . Network effects occur when the value of a product or
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