Tangent 💚 Proptech reposted this
The world of atoms is less flexible than the world of bits. 💻 Building software for purely digital use cases has gotten easier over time. The combination of low code / no code solutions and AI “helpers” means that even an econ major like me can spin up a simple functional app in the course of a week. ♾️ Once created, software for digital use cases can be replicated with near zero marginal cost, creating near infinite leverage for long term winners with durable moats. Unsurprisingly, low barriers to entry and near infinite leverage is also a recipe for fierce competition. 🏦 Building digital tools for businesses that transact in physical spaces is more difficult. By definition, these businesses are subject to the limits of time and space in ways that the purely digital world is not. As a consequence, building digital tools for managing physical spaces requires deep empathy for both end customers and staff. Competition is likely less fierce because of the challenges presented by the physical world and the need for deep domain expertise. New Blog “Building Digital Tools for Physical Spaces” linked in the comments covers: ✅ Digital vs physical use cases ✅ Why vertical SaaS for physical use cases requires domain expertise ✅ Who PodPlay technology is building for If your business delivers an experience in a physical space, requires a reservation, can be augmented by video/social, and would benefit from reduced labor costs we should talk. #verticalsaas #sportstech