Every founder learns Hamilton Helmer's 7 Powers: scale, network effects, switching costs, branding, counter-positioning, cornered resources and process power.
They share one hidden assumption — you can see far enough ahead to know which moat is worth digging. If you cannot predict the world 12 months out, the ability to reposition faster than anyone else becomes its own structural advantage.
With AI, agility may be the most important moat of all.
@btaylor in conversation with
@AcquiredFM @ Jazz at Lincoln Center.