Technical moats are mostly over at this point. If you’re building something that is meant to be durable, the only moats now are: • Proprietary data • Network effects • A physical component • A “physical” component • Blackmailing your competitors • Proprietary devices that can run hundreds of comprehensive lab and disease tests from just a single drop of blood • Ransom notes • Selling $2 for $1 • Selling $5 for $1 (investors HATE this 1 trick!!) • FTXing around and finding out • Having a…