Not Boring by Packy McCormick ⢠297 implied HN points ⢠18 Feb 26
- New technologies make key inputs abundant, which magnifies the value of scarce, industry-specific assets so a few winners capture a growing share of economic value.
- To win you must identify the industryās bottleneck (the Schwerpunkt), break it, seize the High Ground by owning the scarce defensible asset, and then integrate outward to lock in those gains.
- That often means building fullāstack businesses or using hardware and services instead of defaulting to SaaS, and investors must judge bespoke strategy and execution rather than rely on standard SaaS metrics.