Intermediate strategy
Competitive Moat
A competitive moat is a durable advantage that protects a startup's market position from competitors. Network effects and switching costs are the strongest.
2 results
A competitive moat is a durable advantage that protects a startup's market position from competitors. Network effects and switching costs are the strongest.
Network effects occur when a product becomes more valuable as more people use it, creating compounding growth and a defensible competitive moat.