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Our reading
Mental modelMoats
Their wordsI believe that data - real-world data, mostly human-generated, validated, and cleaned - is the only reliable moat we have as software founders in the near and mid-term future.
Their wordsIf you run a software business that is purely transformative - that takes incoming data, does something to it, and turns the data back out - that will be a problem.
Their wordsMaking your software business an API-first business is probably one of the smartest things you can do today.
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