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gizajob • today at 7:00 AM • 1 reply • view on HN

Their moat is only for people who feel like eating a McDonald’s. That’s what the article is saying - when analysed they don’t actually have much of a moat because there are so many other options and competitors including cooking at home. Yet they still survive and look as if they have a moat. A moat for McDonald’s would be if their customers ate there every day or even every meal, and few people actually do that.


Replies

ilovecake1984 • today at 7:09 AM

Corals has no moat. The foo business is notoriously competitive with thin margins.

If that’s what Ai looks like they are in trouble.