
Moser Capital management is a venture capital firm focused on tech investments. Founded by Nicklaus “Nick” Moser, Moser Capital Management invests capital into long term secular growth plays.
Secular, in the venture capital world, is a descriptive word that refers to market activities that happen over a long period. Unlike cyclical activities that go up and down, secular points to movements that are not affected by short term market fluctuations. Secular movements remain consistent over time, often maintaining a static trajectory, despite economic cycles.
The essence of secular growth is a fundamental change or shift in an industry that creates a strong, consistent demand. The movement can be underlined by a foundational change in technology such as the advent of the internet or the development of a superior replacement to an existing market such as how e-commerce is taking market share from brick and mortar stores. Online shopping has grown continuously since the late 1990s, continuing on an upward despite periods of market turbulence. It can also be the result of an innovative new product or service for a growing problem. An example is how search engines were made to help people navigate the internet.