The Ledger

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Insight
E-commerce moats stem from supply chain logistics, not marketing or strategy
“Marketing is sexy, and people come out of business school, and they want to talk marketing, they want to talk strategy, but Clausewitz said, amateurs talk strategy, professionals talk logistics. And that was about war, but it's same thing is true for, it's rea…”
Patrick Byrne Jan 2, 2019 ▶ 18:18 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
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