Patrick Collison (Stripe CEO) - Craft, Beauty, & The Future of Payments
Dwarkesh Podcast
**Defensibility of companies - reference book 7 powers **
Defensibility in business hinges on socio-cultural factors such as motivation, ideas, and organizational talent, which can play a crucial role in market power. Hamilton Helmer’s book, 'Seven Powers', disaggregates the diverse sources underpinning business defensibility, highlighting significant elements that contribute to market strength. Despite this framework being insightful and valuable, the absence of similar innovative companies before Stripe points to a gap in leveraging these insights for competitive advantage.
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