[zurtri]

I run a SaaS.

The value of the business is not necessarily in the code (any decent coding team could recreate the software bar a bunch of edge cases in a few months), but moreso in the relationships I have in the industry I'm in.

These relationships can't be copied or stolen readily. And if someone was out to steal them - I'd see them coming.

[DLA]

Agree. Relational capital is durable and could even be a form of pretty strong moat. What industry / type SaaS do you run?

[zurtri]

I run a SaaS in the horse industry. https://horserecords.info