The Moat isn’t the code. It’s the conviction.
Welcome to the 19th Edition of Public School Ventures' School Bulletin!
🏁 Preamble: "Building for 2037, Not 2017"
It’s tempting in venture to look back—to mimic what worked, to pattern-match the last fund that broke out, to assume that what scaled before will scale again. But here’s the thing: we’re not in 2017 anymore.
The AI wave didn’t just rewrite how companies are built—it reshaped how moats are formed, how firms are de…
