149. Startup Moats, Deep Tech & Where Science Fiction becomes Science Fact (Bilal Zuberi)

Bilal Zuberi of Lux Capital joins Nick to discuss Startup Moats. In this episode, we cover: An overview of moats Example companies with moats How to build a monopoly from the outset and if Bilal requires in startups he invests in Incremental vs. step-change innovation and the implications on the breadth and depth of the moat The types of moats Bilal's take on data and network effect-based moats using a business model as a moat His thoughts on building brand as a sustainable competitive advantage How NPS score plays a role An example where Bilal thought there was a moat but it proved not to have the defensibility predicted And finally I get Bilal's take on Lux's investment strategy, their portfolio and how they are building value in the water, on the ground, in the air and even up in space   To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter @TheFullRatchet for updates and more information.