Compounding Economic Moats for Technology Companies

By Vic Singh, Founding General Partner at Eniac Ventures

At Eniac, our criteria for evaluating investments in seed stage startups has evolved over the years. While the founding team remains the most important criteria, we also consider large markets, traction and potential to build large moats as important criteria.

In this post, we wanted to share our thinking on one of the core criteria — the moat — and help founders demystify this a bit more. How we think about moats is likely different from other investors so we are hopeful that our thinking here will help founders understand how we look at opportunities and maybe spark some thinking about your own startup trajectory. We seek to invest in opportunities where enduring moats can be built and sustained over time to create transformational companies.