The Key Barriers to Entry

The way companies win these days is critical mass scale, hitting a flywheel. If they can keep that flywheel of the value that they got going on and get better, you can almost imagine a marketplace where someone in a marketplace could sell a module for them. And so I think the key barriers to entry is going to be success. Reddit is successful and it's hard to copy, not because of the software. They built the moat.