Vertical software, The official name of industry software should be vertical market software, which is software developed for a niche industry or for the needs of a unique customer group.
Generative artificial intelligence, Barriers to Entry Are Too High
Upstart mentioned in my book I have discussed Upstart (ticker: UPST) in my books “The Rules of 10 Baggers“, Upstart business Disrupt lending industry There’s no question that Upstart’s business model has the potential to disrupt the lending industry. The company provides an AI-powered online lending platform to 83 different partners (banks and credit unions). … Continue reading “Artificial intelligence online lending platform Upstart”
There are indeed monopoly in this world, Buffett said that a moat is the competitiveness of a business economy. Most companies have many competitors because a profitable industry attracts competitors to join in for a piece of the pie.
Amazon’s dominance by its economic scale, impact share price of PayPal, Affirm, Fair Isaac, Visa, and Mastercard
One of the most important listed companies in the US consumer finance industry, Fair Isaac
Three major consumer credit rating companies Equifax, Experian, and TransUnion, 3 major credit rating companies in corp and consumer sectors