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The Increasing Risk of Building in Public

Arvid Kahl · 3 Apr 2026 · thebootstrappedfounder.com

3 korrents from this piece

Arvid Kahl did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. the likelihood of inspiring someone to build a competitor was too high, and the return on sharing was too low to justify the exposure. That threshold has effectively collapsed to zero.
  2. But here's what I know for certain: product isn't a moat. Software engineering capability isn't a moat. Not anymore.
  3. No agentic coding tool is going to replicate that for your competitor.