The Only Moat AI Can't Copy
Product moats have a shelf life measured in quarters. Technology moats decay in weeks. Data moats aren't real if the data doesn't compound. What survives in an AI-native market is the one thing money and models can't parallelise - the distribution you spent years earning. Here's what US investors are actually underwriting now, and why the European founder gap on this is bigger than most people realise.
Jul 15, 2026
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7 min read
Scaling
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Why Founders Are Quietly Rethinking How They Hire In The UK
UK hiring costs jumped sharply in April 2026 thanks to four overlapping changes - higher Employer NI, day-one sick pay, a minimum wage rise, and frozen tax thresholds - adding roughly £8,000–£10,000 a year for a team of five. The smallest employers are mostly shielded by the Employment Allowance, but anyone growing past their first few hires now feels the squeeze in full. UK founders are already responding in measurable ways: hiring less, hiring abroad through Employer of Record services, or automating roles instead.
Apr 23, 2026
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6 min read
Trends
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