TLDR Founders · MISCELLANEOUS

WHAT'S STILL THERE IF EVERYONE HAS YOUR CODE?

newsletter.lukesophinos.com11 min read

Summary from the TLDR Founders newsletter

A competitor can copy a workflow tool without getting the network that makes it valuable. SnapDocs began by helping offices manage mortgage signings, then gave notaries and attorneys their own profiles so they could work across customers on one platform. It also learned which notaries might hold up a closing. A founding-team member says the network and data let it charge five to ten times legacy competitors' prices. If a rival copied your software, would customers still pay more for the people or transaction history on your platform?