Blog

Topic
Topic
June 19, 2019

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.

More
June 2, 2019

Advice on how to get media to pay attention, build relationships and what goes into a story 


By Caitlin Regan & Nihal Mehta

Supporting our founders with media relations and helping them build relationships with top tier journalists has been a core differentiator at Eniac. Over the years, we’ve learned some very useful advice that every early-stage founder should have in their playbook when preparing for a launch, an announcement or starting to think about PR.

 

More
March 8, 2019

By Tim Young, Founding General Partner

For too long women have not received the recognition they deserved for discovering, inventing, building, inspiring across all industries and sectors. We know the stories of Marie Curie, Amelia Earhart, Jon of Arc, Margaret Sanger and Rosa Parks, but there still remain millions of women who have been instrumental to shaping the world whose stories are untold.

In celebration of International Women’s Day and Women’s History Month, the Eniac team wanted to honor the women in our lives who inspire us daily and the two women from history that were the inspiration behind one of our designs.

More
February 7, 2019

By Hadley Harris, Founding General Partner, Eniac Ventures


Today, we’re announcing that our portfolio company Anchor has agreed to be acquired by Spotify in a significant acquisition. In the three short years since we led their seed round, Anchor has created significant value, becoming the dominant platform for creating, distributing and monetizing podcasts. As of January 2019, Anchor powers 40% of all new podcasts.

We led Anchor’s seed round in 2015 because we believed audio was an underserved form of content and a platform that enabled people to easily create and distribute podcasts was a natural way to address that unmet opportunity. While huge platforms had been built around photos (Instagram), video (YouTube) and text (Twitter), there wasn’t a platform that let users share audio as a way of communicating and expressing themselves.

My partners at Eniac and I have thoroughly enjoyed working closely with Mike Mignano, Nir Zicherman, and the incredibly talented team they’ve built. We are thrilled that Anchor will continue to execute on their vision of democratizing podcasts.

Reflecting on our time with Anchor, there are four key takeaways we feel will continue to drive how we work with founders.

More
January 28, 2019

The ABCS of the Eniac Creed

January 28, 2019

Authentic. Bold. Curious. Scrappy.


By Vic Singh, Founding General Partner, Eniac Ventures

Over the past decade, we have lived a set of core values at Eniac that we recently codified. This value system forms the ethos of the firm we’ve built and the values we like to see in our partners including founders, LPs, the Eniac Network and the broader tech community. Together, these core values constitute the Eniac Creed and we work hard every day to ensure our work meets our creed.

More
December 11, 2018

By Nihal Mehta with guest author Dannie Herzberg, Head of Mid-Market Sales at Slack


We partnered with our friends at Emergence Capital for an event to address the many challenges navigating early-stage growth including when to make your first sales hire, how to qualify leads all the way to determining pricing structure.

We were lucky enough to snag Dannie Herzberg, Head of Mid-Market Sales at Slack, as our guest speaker. Her impressive background, overseeing Mid-Market, BDR & SDR sales organizations across North America and working across enterprise sales, sales management, and channel sales divisions, made her an excellent source for advice.

Dannie was kind enough to help bring the evening’s top questions back to life to share with the rest of our community.

More
October 15, 2018

By Hadley Harris, Founding General Partner

Since we started investing at Eniac in 2010, I’ve reviewed thousands of seed stage pitch decks. It amazing me how often the most important slide — the team slide — is poorly executed.

When I posted on Twitter about how important the team pages are when reviewing a deck for the first time, I received a lot of questions and comments both on and offline. It seemed people were curious as to why it was the first thing we look at (versus the market and their solution).

I thought it would be nice to address it for everyone in one place.

More
September 4, 2018

By Tim Young, Founding General Partner

As an entrepreneur, it is vital to vet your potential investors/board members and choose wisely. They are among the most significant professional relationships of your career, often lasting a decade or more. A former board member will act as a strong signal to future investors, not only for your current company but future companies as well.

More
April 25, 2018

This year the Eniac Team descended upon Vancouver for Ted Age of Amazement. And the event really did live up to its name. It was a week of non-stop discovery.

It would take another week to speak to all the knowledge dropped, but in case you missed it, here are our Top 10 Takeaways from TED.

  1. There are so many transformative ideas to save the planet
  2. How we’re preserving the human body
  3. It is time to challenge the Internet
  4. How humans and AI can peacefully co-exist
  5. Climbing without a rope
  6. Is personal flight the new Uber?
  7. Can technology make or break democracy?
  8. Data, manipulation and the threat of dictatorship
  9. Machine vs. Man — What can they really know?
  10. There is life beyond.

More
March 22, 2018

By Hadley Harris, Founding General Partner


Each year since 2001, Forbes announces their Midas List of the top 100 VC’s in the world. It is an esteemed award filled with the biggest names in venture capital.

But my partners and I will never be on this list.

More