SaaS Agent Moat & Wrapper Risk Skill

Overview

In 2025-2026, most "agent companies" are GPT wrappers in trench coats. The single most consequential question an agent-fund investor asks is: "If OpenAI / Anthropic / Google ships this capability directly next quarter, what's left of your business?" If the answer is "we'd be in trouble", the company is a wrapper and the valuation collapses to a fraction of the headline ARR multiple. If the answer is "we'd still win because of X, Y, Z" with evidence, the company is a defensible agent business and earns the agent premium.

This skill installs the moat-vs-wrapper discipline. Builds on saas-ai-moat-and-defensibility (which runs the 7-question AI moat test) and adds the agent-specific dimensions and the wrapper-risk-from-foundation-provider vector as its own first-class test.

Use When

• A SaaS plan claims an agent or multi-agent product is defensible
• Section 06 is being built for an agent-product plan
• A foundation-model provider has shipped a capability that overlaps the agent business
• An investor's technical diligence on agent defensibility is upcoming
• A founder is choosing between agent positioning ("we're an agent platform") and vertical positioning ("we're a vertical X agent")
• The plan asks for an agent valuation premium that implicitly assumes moat
• The plan must pass meta-agent-bankability-and-investor-readiness

Do Not Use When