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#277 - Liberty RPF - Exploration As a Service, Creator Value, Constellation Software, AI/ChatGPT
The Fort - An Entrepreneurship Podcast
The Competitive Advantage of Constellation
In theory, it's pretty easy to buy a bunch of VMS software company. But Constellation has all these tiny moats around these tiny niches. Even if you could attack one of these moats, well, they have hundreds of them all over. Their model is known; people are trying to copy it, but the hard part to copy is the discipline and having like 30 years of base rates for small VMSs in the books.
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