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← Having little competition is bad for a business, because without a…
17 connected korrents · 13 moments from 23 May 2006 to 3 Sept 2026.
Everything filed under economists
economists
Everything filed under investing
investing
Everything filed under venture capital
venture capital
Everything filed under startups
startups Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Having little competition is bad for a business, because without a rival nobody keeps you honest about whether something is really good. Having little competition is bad for a business, because without a rival nobody keeps you honest about whether something is really good. Last stated 9 months ago
18 Jan 2026
TL
Tobias Lütke — holds since 2026-01-18 — tap for who they are
Same subject: A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend. — tap to centre the map on it A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend. Last stated 8 months ago
15 Feb 2026
JF
Jason Fried — holds since 2026-02-15 — tap for who they are
Same subject: Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. — tap to centre the map on it Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. Last stated 11 months ago
9 Dec 2025
RS
Rory Sutherland — holds since 2025-12-09 — tap for who they are
Same subject: A business can have market fit, real advantages, and sustained effort behind a hard product and still fail if it doesn't give customers a strong enough reason to switch from what they already use. — tap to centre the map on it A business can have market fit, real advantages, and sustained effort behind a hard product and still fail if it doesn't give customers a strong enough reason to switch from what they already use. Last stated 5 months ago
2 Jun 2026
JJ
Justin Jackson — holds since 2026-06-02 — tap for who they are
Same subject: Treating other companies as rivals rather than competitors makes a positive-sum outcome easier, because rivalry inspires you to be your best. — tap to centre the map on it Treating other companies as rivals rather than competitors makes a positive-sum outcome easier, because rivalry inspires you to be your best. Last stated 9 months ago
18 Jan 2026
TL
Tobias Lütke — holds since 2026-01-18 — tap for who they are
Same subject: What destroys great companies is not competition but their own success, because the more golden the goose the greater the temptation to butcher it. — tap to centre the map on it What destroys great companies is not competition but their own success, because the more golden the goose the greater the temptation to butcher it. Last stated 6 months ago
10 May 2026
ER
Eric Ries — holds since 2026-05-10 — tap for who they are
Same subject: The better AI gets, the harder some businesses with nothing to do with AI will probably be to compete with, because people will want authentic, non-technological experiences. — tap to centre the map on it The better AI gets, the harder some businesses with nothing to do with AI will probably be to compete with, because people will want authentic, non-technological experiences. Last stated 2 months ago
23 Aug 2026
SA
Sam Altman — holds since 2026-08-23 — tap for who they are
Same subject: A business should not have customers it cannot afford to lose; if you could lose a hundred at random and be fine, you have a good business. — tap to centre the map on it A business should not have customers it cannot afford to lose; if you could lose a hundred at random and be fine, you have a good business. Last stated 8 months ago
15 Feb 2026
JF
Jason Fried — holds since 2026-02-15 — tap for who they are
Same subject: A business that cannot measure and manage itself as well as its competitors do is in serious danger. — tap to centre the map on it A business that cannot measure and manage itself as well as its competitors do is in serious danger. Last stated 2 years ago
1 Oct 2024
TG
Tren Griffin — holds since 2024-10-01 — tap for who they are
Same subject: Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. — tap to centre the map on it Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. — tap to centre the map on it An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: Aspiring economists should take as many math and statistics courses as they can stomach — tap to centre the map on it Aspiring economists should take as many math and statistics courses as they can stomach Last stated 20 years ago
23 May 2006
GM
Greg Mankiw — holds since 2006-05-23 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. Last stated 4 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 11 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
At the centre
Having little competition is bad for a business, because without a rival nobody keeps you honest about whether something is really good.
Holds Read this korrent →
A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend.
Holds
Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want.
Holds
A business can have market fit, real advantages, and sustained effort behind a hard product and still fail if it doesn't give customers a strong enough reason to switch from what they already use.
Holds
Treating other companies as rivals rather than competitors makes a positive-sum outcome easier, because rivalry inspires you to be your best.
Holds
What destroys great companies is not competition but their own success, because the more golden the goose the greater the temptation to butcher it.
Holds
The better AI gets, the harder some businesses with nothing to do with AI will probably be to compete with, because people will want authentic, non-technological experiences.
Holds
A business should not have customers it cannot afford to lose; if you could lose a hundred at random and be fine, you have a good business.
Holds
A business that cannot measure and manage itself as well as its competitors do is in serious danger.
Holds
Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus.
Holds
An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing.
Holds
Aspiring economists should take as many math and statistics courses as they can stomach
Holds
A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for.
Holds
AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them.
Holds
Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same.
Holds
A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds