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Eric Schmidt says the only real business moat today is learning loops: how fast your team learns and iterates. Eric Siu weighs that against brand and distribution as alternatives, but leans toward distribution as the stronger advantage.
Eric Schmidt says the only real business moat today is learning loops: how fast your team learns and iterates. Eric Siu weighs that against brand and distribution as alternatives, but leans toward distribution as the stronger advantage.
Dude, you want to know what Google's CEO said here? If you were to think about Eric Schmidt, ex-Google CEO, on the only business moat that's available today, what do you think it is? Your brand. This is interesting. So I thought he would say distribution or brand. He didn't, because you and I would say that, right? And naturally we're marketers, we would say that. He said learning loops. The ability for you to pick something up very quickly. And if you have a team that moves very quickly, like a startup, you're going to learn a lot faster because things are changing so quickly with all these new innovations. So his argument right now, the only business moat is learning loops. It's how fast you can move. So I don't know if I completely agree. I think I'm more biased towards distribution, but I can see the angle for that.
