their moat is distribution
obviously the product needs to deliver and nrr needs to be good in the long run
It's a moat from a defensive perspective. It's a firehose from an offensive one. Outside state capture, most moats are both.
It is trust.
Everyone in the valley knows Bret Taylor and will back any project he does, even if the product has no distribution.
The same way everyone in the valley knows Naval Ravikant for example, angels and VCs will back any project he does even if his product has no distribution.
> OpenAI has appointed Paul M. Nakasone, a retired general of the US Army and a former head of the National Security Agency (NSA), to its board of directors, the company announced on Thursday.
and the money quote:
> “Artificial intelligence has the potential to have huge positive impacts on people’s lives, but it can only meet this potential if these innovations are securely built and deployed,“ board chair Bret Taylor said in a statement. “General Nakasone’s unparalleled experience in areas like cybersecurity will help guide OpenAI in achieving its mission of ensuring artificial general intelligence benefits all of humanity.”
[1] https://old.reddit.com/r/anime_titties/comments/1dh4wx4/form...