Comment by wolpoli
5 years ago
The CEO is actually worried that this weekend project will make it hard for replit to raise fundings from investors because it makes it look like there is no moat to hosting hundreds of programming languages. The investors don't know that the code here doesn't scale.
Also, there is no moat. As far as I know, there are no major protected intellectual properties, technical or business learning curves, regulatory hurdles, intensive capitalization requirements, economies of scale... I suppose there may be some amount of network effect, but not so much that it's hard to imagine a competitor struggling to overcome it.
You are right. Other than the brand name recognition and the existing business relationships, I can't think of anything that would be tough for a funded competitor to replicate.
Doesn't seem to stop a lot of products when they target B2B or enterprise for whom the value proposition is actually the marketing, support, layers of regulatory compliance etc that they add. LastPass is an example. Whether Replit is doing that I don't know, but its a real model. Not, however one that is vulnerable to weekend projects.