https://minutesof.com/on/competitive-advantage/ Everyone on the record about competitive advantage: 21 verbatim quotes from 4 people, November 2019 to July 2026, in one chronology, each with a timestamp… en Sun, 30 Aug 2026 22:32:52 +0000 https://minutesof.com/q/b2fa27dd-600a-4c05-903d-e81df525a23c/ https://minutesof.com/q/b2fa27dd-600a-4c05-903d-e81df525a23c/ “Right? If if you're not gonna understand these systems if your managers haven't taken the time to understand the different architectures.” — Dylan Patel, RAISE Summit Wed, 22 Jul 2026 16:43:49 +0000 competitive advantage https://minutesof.com/q/beb61269-79c8-4d1c-ae86-3383a0f6c446/ https://minutesof.com/q/beb61269-79c8-4d1c-ae86-3383a0f6c446/ “And semi's and semiconductor manufacturing, you have a big advantage if you were ahead. Everybody it's like baking. Everybody uses the same ingredients or whatever.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 competitive advantage https://minutesof.com/q/46d35285-9c8f-4353-969f-5bd14acbd7de/ https://minutesof.com/q/46d35285-9c8f-4353-969f-5bd14acbd7de/ “Like you're if you're a farmer with a tractor and a drone thing and all this stuff, you're going to run over a farmer with a hoe and a and a donkey.” — Bill Gurley, Silicon Valley Girl Clips Mon, 16 Mar 2026 13:01:05 +0000 competitive advantage https://minutesof.com/q/39994756-b5d6-488b-9611-16a6b4a383a1/ https://minutesof.com/q/39994756-b5d6-488b-9611-16a6b4a383a1/ “AI and large language models are recording like all the best practices that have been written down. But the stuff that's on the edge that's being discovered today is not in the models.” — Bill Gurley, Silicon Valley Girl Clips Mon, 16 Mar 2026 13:01:05 +0000 competitive advantage https://minutesof.com/q/0ca7c98f-fe4d-4695-a284-a881d62e65be/ https://minutesof.com/q/0ca7c98f-fe4d-4695-a284-a881d62e65be/ “So AI and large language models are recording like all the best practices that have been written down. But the stuff that's on the edge that's being discovered today is not in the models.” — Bill Gurley, Silicon Valley Girl Clips Mon, 16 Mar 2026 13:01:05 +0000 competitive advantage https://minutesof.com/q/4b5753cb-f579-4a41-9918-292316bd2a6f/ https://minutesof.com/q/4b5753cb-f579-4a41-9918-292316bd2a6f/ “Now with Cloud Code, think we move 10 times the speed of any of our competitors. Right? It's actually insane.” — Dylan Patel, Matthew Berman Mon, 09 Mar 2026 17:07:47 +0000 competitive advantage https://minutesof.com/q/213fc00d-0261-4795-ad46-bb4d221833ed/ https://minutesof.com/q/213fc00d-0261-4795-ad46-bb4d221833ed/ “They watch the YouTube interviews. They listen to the podcast. They study them like crazy. He said, founders and and VCs in America don't study Chinese.” — Bill Gurley, BigDeal by Codie Sanchez Wed, 04 Mar 2026 15:00:36 +0000 competitive advantage https://minutesof.com/q/cc0ddae4-34ee-4daa-974a-718ec97a03fb/ https://minutesof.com/q/cc0ddae4-34ee-4daa-974a-718ec97a03fb/ “They read everything they possibly can. They study any speech. They look at the financials. And he said, the West doesn't do that of China.” — Bill Gurley, Bg2 Pod Thu, 28 Aug 2025 23:51:07 +0000 competitive advantage https://minutesof.com/q/e2990768-e244-4b36-af03-f1f381ba817b/ https://minutesof.com/q/e2990768-e244-4b36-af03-f1f381ba817b/ “over lunch, this individual told me, you know, every founder and every VC in China studies the West at a nauseating level.” — Bill Gurley, Bg2 Pod Thu, 28 Aug 2025 23:51:07 +0000 competitive advantage https://minutesof.com/q/566773ba-9e75-4496-9248-3d50712a59c2/ https://minutesof.com/q/566773ba-9e75-4496-9248-3d50712a59c2/ “They're doing full liquid cooling as well and they're working on those designs, but, you guys have fully liquid cooled data centers.” — Dylan Patel, CoreWeave Fri, 23 May 2025 17:27:49 +0000 competitive advantage https://minutesof.com/q/51cfee06-b666-4d7b-b25f-8d608242bf2d/ https://minutesof.com/q/51cfee06-b666-4d7b-b25f-8d608242bf2d/ “Like like like if if the biggest systems are where the biggest competitive advantage is, you need as many of these big system companies as you can possibly have.” — Bill Gurley, BG2 Pod Sun, 13 Oct 2024 10:35:00 +0000 competitive advantage https://minutesof.com/q/4150c1eb-f5ad-4034-bb6a-14707e5b147a/ https://minutesof.com/q/4150c1eb-f5ad-4034-bb6a-14707e5b147a/ “it appears to me that NVIDIA's competitive advantage is strongest where the size of the system is largest, which is another way of saying what Renee said. It's flipping it on its head.” — Bill Gurley, BG2 Pod Sun, 13 Oct 2024 10:35:00 +0000 competitive advantage https://minutesof.com/q/ef7835c6-2a48-4ab9-8b62-88211069735f/ https://minutesof.com/q/ef7835c6-2a48-4ab9-8b62-88211069735f/ “one of the most misunderstood things about NVIDIA is how deep the true NVIDIA moat is, right?” — Bill Gurley, BG2 Pod Sun, 13 Oct 2024 10:30:00 +0000 competitive advantage https://minutesof.com/q/e790ceb0-d175-41d4-b5d4-7b9d596d4862/ https://minutesof.com/q/e790ceb0-d175-41d4-b5d4-7b9d596d4862/ “It's likely a massive advantage for China where a more autocratic government can just decide, okay, we're gonna start doing things a new way.” — Bill Gurley, Invest Like the Best Tue, 23 Apr 2024 08:00:00 +0000 competitive advantage https://minutesof.com/q/35820014-6a20-4355-a535-0f39958be7b8/ https://minutesof.com/q/35820014-6a20-4355-a535-0f39958be7b8/ “I start relying on one of these things as my memory and I don't have a way to pull that out and jump to something else, I'm stuck. Yes. Like I am hooked, locked, stuck.” — Bill Gurley, BG2 Pod Thu, 22 Feb 2024 12:20:31 +0000 competitive advantage https://minutesof.com/q/846aef76-f3a2-4cf0-b659-bf69ef31ceef/ https://minutesof.com/q/846aef76-f3a2-4cf0-b659-bf69ef31ceef/ “You have to understand that and process it, but it's not enough because everybody else has it readily available and it's quantitative, so everybody can process it.” — Howard Marks, Goldman Sachs Thu, 30 Jun 2022 15:18:25 +0000 competitive advantage https://minutesof.com/q/a9830852-9337-4833-a626-bfcc0320b966/ https://minutesof.com/q/a9830852-9337-4833-a626-bfcc0320b966/ “And Zoom's UI and UX for all sorts of reasons is just better than Hangouts, FaceTime or whatever the comparable Facebook product is.” — Gavin Baker, Invest Like the Best Thu, 02 Apr 2020 09:30:00 +0000 competitive advantage https://minutesof.com/q/6651ddfc-20c5-4c7a-a3ea-e02de6be8f23/ https://minutesof.com/q/6651ddfc-20c5-4c7a-a3ea-e02de6be8f23/ “Google found that milliseconds of latency mattered to search. That if you could take two milliseconds out of search latency, that it had a huge impact on search volumes.” — Gavin Baker, Invest Like the Best Thu, 02 Apr 2020 09:30:00 +0000 competitive advantage https://minutesof.com/q/5c39f5d7-890f-445c-9516-400d4587567e/ https://minutesof.com/q/5c39f5d7-890f-445c-9516-400d4587567e/ “Would argue personally they're at parody, but 50 bps is huge. If you're 50 bps better, that can be the foundation of hundreds of billions of dollars in market value.” — Gavin Baker, Invest Like the Best Thu, 02 Apr 2020 09:30:00 +0000 competitive advantage https://minutesof.com/q/9f77f6ef-0bcb-4524-a8be-e6ae9b60c1a8/ https://minutesof.com/q/9f77f6ef-0bcb-4524-a8be-e6ae9b60c1a8/ “Used iPhones retain their value much better than used Android phones. When you trade in your phone, you capture that.” — Gavin Baker, Invest Like the Best Tue, 26 Nov 2019 10:30:00 +0000 competitive advantage https://minutesof.com/q/e4c2e666-1807-492e-b92c-f2ba688adc52/ https://minutesof.com/q/e4c2e666-1807-492e-b92c-f2ba688adc52/ “One is, I think the price to used iPhones is critically important to Apple's business model. Why is that? Used iPhones retain their value much better than used Android phones.” — Gavin Baker, Invest Like the Best Tue, 26 Nov 2019 10:30:00 +0000 competitive advantage