Distribution moat
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8 Moats of Enduring Software Companies
20VC with Harry Stebbings· 2026-03-16 15:23
I call it the eight modes. [music] Data mode, workflow mode, regulatory mode, distribution mode. >> We're on number five.I'm loving this. >> Ecosystem mode, network mode, physical infrastructure, and the eighth one, I would say, scale [music] mode. I think anything four or more, you're pretty damn secure.>> I'm thrilled to welcome one of the best operator turned investors of the last two decades, Gawk Rajaram. >> You cannot be [music] a single product company. Vertical products, you've got to really own ful ...