Bringing a new technology into a new market

  1. Most people will only do one of these at a time.
  2. Willingness to do both gives you moats.
  3. Use as little money as possible to prove that it works and that it makes money.
  4. Then use as much money as you need to scale as fast as you can before you lose your moats.
  5. Don’t stop innovating.
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