Mike Vernal Says Software Moats Are Dying And Founders Must Do It All

Conviction GP Mike Vernal argues that AI is erasing the switching costs and network effects that traditionally protected software businesses, and that software will split apart like newspapers did. Vernal says founders must therefore do it all themselves rather than relying on defensible moats.

Mike Vernal Says Software Moats Are Dying And Founders Must Do It All By Josipa Majic Predin, ContributorSource: Forbes Innovation https://www.forbes.com/innovation/ Conviction GP Mike Vernal argues AI erases switching costs and network effects. Why he thinks software splits like newspapers and what founders should do. Get AI news in your inbox Daily digest of what matters in AI.