New cool tech is almost never a moat.

It will get a company started but if the tech has any success, that success is always replicable (even if the exact tech isn’t). IP protection is worthless and beside the point.

The only moat is the creativity of a company’s core staff when they spend a lot of time on valuable problems. Each thing they produce will grow, live, and die, but if the company has no pipeline it is doomed.

And VCs know this, which is why they want to pump startups up, and then cash out before they flop, even while founders talk about all the great things they can do next.

Naming your company after your one successful product is a pretty good sign of a limited lifespan.