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Competitive Advantage

Being first to market is often treated as a decisive competitive advantage. The startup that defines a category, captures early customers, and scales before competitors arrive is assumed to be in the strongest position. But, in many cases, the companies … Continue reading

Assessing a Startup’s Defensibility

Assessing a Startup’s Defensibility

A Moat Is Essential to Startup Defensibility When conducting due diligence, assessing a startup involves more than just looking at its current situation, historical financials, and future plans. One important component of due diligence is assessing a startup’s defensibility—does it … Continue reading