Sydney meet and BUD prospects, page-60

I wouldn't count on Microsoft being an integral part of the economic moat. They are a hyperscale cloud provider insofar as Buddy is concerned. Second only to AWS in size and will overtake them within 3-5 years I imagine. They won't play favourites with anyone, they provide a consumable service of compute, memory, storage, network, platforms and applications.

I like Buddy and hold but Buddy's moat, if they have one, is Buddy's IP, not Microsoft.