Anish Acharya

Networks are the gold standard, and they still are.

Networks are the gold standard, and they still are.

A network effect product is incredibly powerful.

A network effect product is incredibly powerful.

Now, look, you might argue that something like MoldBook is a new type of synthetic network that perhaps means there are certain types of networks that are less defensible than they once were.

Now, look, you might argue that something like MoldBook is a new type of synthetic network that perhaps means there are certain types of networks that are less defensible than they once were.

But something like an Airbnb, you can have all the vibe coding in the world.

But something like an Airbnb, you can have all the vibe coding in the world.

Their network effect is incredibly powerful.

Their network effect is incredibly powerful.

So one, I think defensibility matters.

So one, I think defensibility matters.

Traditional moats still do matter.

Traditional moats still do matter.

I do think that within moats like systems of record, there will be some who are more or less prone to disruption.

I do think that within moats like systems of record, there will be some who are more or less prone to disruption.

So if you're an on-prem database and there's no engagement layer and there's not a lot of human workflows built around the so-called system of record,

So if you're an on-prem database and there's no engagement layer and there's not a lot of human workflows built around the so-called system of record,

I think that you actually are at some risk.

I think that you actually are at some risk.