# Ep.126: Joe Mancini, Front Porch Venture Partners | The Hybrid Fund Model and Building Software Moats

Page: https://stenobird.com/podcast/private-equity-value-creation-podcast-7052671/ep-126-joe-mancini-front-porch-venture-partners-the-hybrid-fund-model-and-building-software-moats
Text version: https://stenobird.com/podcast/private-equity-value-creation-podcast-7052671/ep-126-joe-mancini-front-porch-venture-partners-the-hybrid-fund-model-and-building-software-moats.md
Podcast: [Private Equity Value Creation Podcast](https://stenobird.com/podcast/private-equity-value-creation-podcast-7052671)
Published: 2026-05-01T04:00:00+00:00
Episode link: https://www.spreaker.com/episode/ep-126-joe-mancini-front-porch-venture-partners-the-hybrid-fund-model-and-building-software-moats--71805599
Audio file: https://api.spreaker.com/download/episode/71805599/423219967_44100_2_95f1550541314.mp3
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JSON: https://stenobird.com/v1/public/podcasts/private-equity-value-creation-podcast-7052671/episodes/ep-126-joe-mancini-front-porch-venture-partners-the-hybrid-fund-model-and-building-software-moats
Duration seconds: 2185

## Resource

On this episode, Joe Mancini, Co-Founder and Partner at Front Porch Venture Partners, explains how a hybrid fund-of-funds model works in practice—deploying capital both into early-stage venture funds as an LP and directly into seed and Series A companies, with a deliberate focus on the Southeast.Learn why the most defensible moats in software today are being built around go-to-market and purpose-built vertical features rather than technology alone, and how the falling cost of code is compressing roadmap timelines from quarters to weeks. Plus, get a practical framework for deciding where to deploy human capital versus AI agents.The information contained in this podcast is not intended to constitute, and should not be construed as, investment advice.

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## Transcript

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