Part 1 of a 3 Part Series: Mapping the Open Source AI Stack by Vic Singh and James Barone tl;dr: Earlier this year, we published an article on foundational open ecosystems, where we discussed a framework for companies building open, fundamental layers of technology that serve as platforms for broader interconnected ecosystems of companies and developers. As discussed, we believe this approach drives…

By Vic Singh With OpenAI’s recent announcements, investors and startup founders alike are rightfully getting paranoid about application layer AI startups being killed. Much like Facebook and Apple killed many startups — during the mobile era — by building native functionality into their products and ecosystems, the same is happening…

Eniac Ventures is Hiring an Investor with a Technical Background Eniac Ventures is a seed stage venture capital firm headquartered in NYC. Since our formation in 2009, we’ve been committed to backing mission driven founders who embody our values of authenticity, boldness, curiosity, and scrappiness. Investor — Position Overview We…

By Hadley Harris and Coleman Clyde AI is obviously the hottest startup sector right now, but also the most overhyped — that was the overwhelming message from investors who participated in Eniac’s Q2 Seed Sentiment Survey. …

by Vic Singh Founders and VCs often use math, especially physics concepts to describe startup motion. Having studied mechanical engineering, I often find myself referring back to the classic physics formulas I used when making these analogs. I thought it would be fun and hopefully useful to break down startup…

by Dan Jaeck and Vic Singh We’re thrilled to share the news that Fabi.ai has officially launched, and that it’s raised $3 million in seed funding led by Eniac Ventures. Fabi.ai is tackling data democratization, allowing business users to understand their data without using technical resources. It connects to existing…

by Anthony Ha We’re kicking off a series of founder interviews focused on product-market fit — what those founders did right, what they did wrong, and what they’ve learned along the way. It’s a topic the Eniac team is passionate about, having worked with more than 200 founders as they…

By Hadley Harris, Vic Singh, and Anthony Ha If there’s one thing we’re focused on at Eniac Ventures, it’s helping our founders find product-market fit. The term gets thrown around so often that it’s easy to assume every founder knows exactly what it means. …

by Hadley Harris At Eniac, we’ve been studying recent changes in the seed market — and what we’ve found surprised us, especially when it comes to valuations. To understand the market, we pulled deal data on recent quarters from PitchBook, as well as conducting our own Seed Sentiment Survey. Some…