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> steal IP

if your IP is just lines on a patent you dont really have much moat in the first place.



If Apple wants to copy your IP, and you're in consumer electronics, you don't have a moat. You're done.


That's a problem, even if it only has the perception of being true.

Tomorrow's innovations in consumer electronics won't get funding as investors balk at the risk of getting Massimo'd.


It's not unheard of for developers to refuse to turn good ideas into startups for exactly this reason.




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