Alex Hormozi

It's shaped this way because taking out vibe coding for a moment, once you do have product market fit, the way that Y Combinator describes this is that getting product market fit is like pushing a boulder up the hill.

And once you have it, it's like chasing, getting chased by the boulder on the other way down, right?

Is that you're chasing after this because you have so much more demand than you can even handle and like the wheels come flying off.

So it's shaped this way because it's hard to build a good product.

Engineering is, especially good engineering, is incredibly expensive.

You have to front that capital because you have no income, right?

Think about this.

The rest of these businesses, you can get pretty close to bootstrapping.

SAS, the reason there is such a big venture capital industry is because it costs

money, millions of dollars to get the level of talent required to make great products in engineering.

And you have to front that for like a year, sometimes two years before you even turn a dollar, right?

And definitely not enough dollars to make it profitable.

And so you have this very long, very unprofitable runway.

And so as a result of all the businesses I just described, the fewest number of businesses are here, are in software.

And it's because the barriers to entry are higher.

Now, vibe coding, things like that have made it easier.

More people are coding now.

Some engineers can, there's coding bootcamps plus vibe coding where people can do components of their job with it.

And so it's becoming more democratized.

That being said, it's still between the other three, way fewer people here compared to the other ones.