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A comment on The rise and fall of Birchbox, the startup valued at nearly $500M has'vanished'. Parent comment

Re:The rise and fall of Birchbox, the startup valued at near... by lazyasciiart on Sunday March 12, 2023 @08:03AM (#35119119)
A moat is overrated. What kind of moat did SVB have that got it into the S&P500? How many of the companies in that really have a moat?
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Re:The rise and fall of Birchbox, the startup valued at near... by lambic2 on Sunday March 12, 2023 @08:11AM (#35119162)
The fact that SVB just went under disproved your point. Without a moat a company is relegated to ways of making money that at some point in time become unsustainable (i.e. when interest rates change) and then go under. As opposed to companies with strong moats that defend their free cash flow (i.e. Apple).
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Re:The rise and fall of Birchbox, the startup valued at near... by lazyasciiart on Sunday March 12, 2023 @05:21PM (#35126457)
It doesn't disprove it at all, because I'm certainly not arguing that not having a moat is a strength. It almost sounds like you are arguing that having a moat makes a company indestructible.
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Re:The rise and fall of Birchbox, the startup valued at near... by aarreedd on Sunday March 12, 2023 @08:11AM (#35119164)
It is a lot easier to start a subscription box company than a bank. That's a moat.
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