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Five factors for durable software moats

The discussion outlined five factors that can signal a more durable software moat resilient to AI disruption: proprietary data, regulatory lock-in, network effects, transaction embedding, and being a system of record.

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The Callback

Proprietary data and compliance create durable moats

27 weeks between these two statements.

Then

The bull case was made for vertical software companies that sit on proprietary, transaction-based data and are protected by compliance and regulatory layers, making them difficult to disrupt.

YET ANOTHER VALUE PODCAST · 3 MAR 2026 · 04:30Open in Zortix →
Now

The discussion outlined five factors that can signal a more durable software moat resilient to AI disruption: proprietary data, regulatory lock-in, network effects, transaction embedding, and being a system of record.

THE INSIGHT BY OAKTREE CAPITAL · 10 SEP 2026 · YESTERDAY · 56:46
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