Game of Moats: How India’s consumer start-ups are redefining competitive advantage

In investing, a moat, as popularized by Warren Buffett, is a business’s sustainable competitive advantage, shielding it from rivals just as moats protect castles.

I have argued in the past that steep valuations in consumer businesses are defensible given deep moats built on brand (mindshare), distribution (share of shelf), and product (habit share).…

The post Game of Moats: How India’s consumer start-ups are redefining competitive advantage appeared first on ChinaPulse.com.