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Re:An Engineer's View of Venture Capitalists (2001) by derefr on Thursday September 12, 2013 @10:00AM (#6373997)
I don't have proof or evidence, but I do have another way to phrase it that might make it easier to come across both:

There are only three "evergreen" ways to make money, when other people have access to your business model:

A. doing something too hard for anyone else to copy;

B. doing something too capital-intensive for anyone else to attempt (e.g. PayPal, SpaceX);

or C. doing something too distasteful for anyone else to want to touch.

All other markets will be commoditized.

Re:An Engineer's View of Venture Capitalists (2001) by derf_ on Friday September 13, 2013 @04:02AM (#6379232)
Counter-example: Coca-Cola.
Re:An Engineer's View of Venture Capitalists (2001) by notdrunkatall on Thursday September 12, 2013 @07:24PM (#6377643)
That is satisfyingly succinct.