What does getting into an accident and JasperAI news have in common? So… I got into an accident last night while coming back from an event in SF… Luckily, I was driving the truck and not my motorcycle since it was late at night. An Audi A6 hit me in the driver-side rear at 75-80 MPH as I was merging on the highway. If it was a sedan not a truck, it’d have been worse, a possible spin off (like a pit manuver) or thrown off the ramp. I chased the car to get close enough for the license plate and clearly the guy didn’t want to pull over, so, I called 911. The entire passenger side of the Audi was messed up, but I came out of with a small dent. Turns out the cops don’t come for rescue if you get into an accident in California, just get the police report and file it with insurance, you’re on your own buddy. Why am I sharing this story here? Driving a truck is like building a startup with an unshakeable MOAT, not just an AI-wrapper (nothing wrong with it), but any external market factors (out of your control) like a car coming out of nowhere can throw you off-track pretty easily. Take JasperAI as a recent example… Unfortunately, after raising $125M at a $1.5B valuation earlier this year, they have to lay off unknown number of employees and reduce valuation due to market conditions. So, my fellow #founders, think deeply about your MOAT and the unshakeable problem your platform would solve and add value to your customers. What’s your unshakeable MOAT? #marketfactors #startups #founders #arbo #unlockfinancialclarity