“So Gabe goes, ‘If I gave you $100 million, what would you guys go build? That by building it, there’s no value for anyone copying?’ I’ll give you an example. When Intel goes to build a new chip fabricator, it’s billions and billions of dollars, and there’s no value in anybody else copying it, because not only do they have to spend even more billions to catch up, but they have to spend more billions to learn everything else Intel knows about this, and then they have to be 10 times better for anyone to want to switch. So it’s just a waste of everyone’s time [to attempt copying].”
