Hello all, For those of us who have spent the better part of the last decade waiting for someone — anyone — to clean up the §101 mess that the Supreme Court created in Alice twelve years ago, the last six months felt like a Sorkin script. New characters. Real plot....

Hello all, In our last column, I looked at the new tension between moats and speedboats created by AI collapsing time like a car driving over a watermelon… Now I want to address another paradigm shift that is happening as we speak. For those who have been reading this...

Hello all,  There is a provocative piece making the rounds lately from Mavka Ventures, a VC firm, titled “The Moat is Dead. Long Live the Runner.” The thesis is bracingly simple: in the age of AI, competitive moats — the protective advantages that Warren Buffett spent...