"Foundation models are now better technically than most people." "OpenAI and Anthropic can subsume any business that only relies on technical talent." "Regulatory moats take years and a lot of trust. There's a lot involved beyond just technology that cannot be vibe-coded." @neerajprasad on why @MoonPay acquired Helio, Iron, Sodot, and Dawn in 18 months: "There are four moats in launching any product today. Technical talent, capital, regulatory licensing, and distribution. At MoonPay we have all four." "We genuinely are playing to win." Neeraj's full thesis on the un-vibe-codeable moats in crypto infrastructure:

Founders School is a new high school where tuition is $150k a year, but if students don't hit $1M in gross profit by graduation, they get their tuition back. @nateliason says AI will make this possible: "AI is the big thing that removes the bottleneck around why a 17-year-old can't build a million-dollar business." "You don't need to spend as long developing deep expertise in programming or software development because, certainly for a V1, you can prompt a lot of it." "You don't need to raise a ton of money for hiring, design, buildout, or any of these things. Because again, you can get an initial version going with AI." "So if you can just use AI to get started, and get your business going, you take out a lot of the capital requirements, a lot of the expertise build-up requirements, and it just shortens the timeline. It makes a lot more things possible for them."