The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified episodes

  • Investor Stories 450. How to Succeed Early in VC: Slow Down, Commit to Relationships, and Become an Active Listener (Niehenke, York, Hilaly)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Alexander Niehenke of Scale Venture Partners
    • Kyle York of York IE
    • Aaref Hilaly of Bain Capital Ventures

    We asked guests for the most important piece of advice that they'd share with folks early in their venture career.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    6 min
  • Replay - The Biggest Misconceptions About AI Agents, Why Defensibility Doesn't Matter at Seed, and Whether the AI Center of Gravity Is Shifting to China (Aaref Hilaly)

    In this special replay episode Aaref Hilaly of Bain Capital Ventures joins Nick to discuss The Biggest Misconceptions About AI Agents, Why Defensibility Doesn't Matter at Seed, and Whether the AI Center of Gravity Is Shifting to China. In this episode we cover:

    • AI Investment Strategy and Market Utility
    • Impact of AI on Jobs and Early Instances of Reasoning
    • Open vs. Closed Source Models and Data Control
    • Scenario Planning and Unique Insights of Backed Companies
    • Infrastructure and Application Investment Focus
    • Future of Vertical Solutions and Infrastructure Investment

    Guest Links:

    • Twitter/X (guest)
    • Guest's LinkedIn
    • Company's LinkedIn
    • Company's Website

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    31 min
  • Investor Stories 449: Exceptional Founders Up Close: Listening Over Posturing, Integrity Over Ease, and Deliberate Execution from Day One (Hsieh, Delk, Maples Jr.)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Vince Hsieh of Cypress Growth Capital
    • Ryan Delk of Primer
    • Mike Maples Jr. of Floodgate

    We asked guests to discuss the most visionary founder that they've worked with and what makes them so special.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    6 min
  • Investor Stories 448: Hard Lessons in Investing: Mistiming Trends, Relying on Partnership Debate, and Avoiding Good Money After Bad (Hilaly, Dash, Rizik)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Aaref Hilaly of Bain Capital Ventures
    • Somesh Dash of IVP
    • Chris Rizik of Renaissance Venture Capital

    We asked guests to tell the most important lesson they've learned in their career.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    9 min
  • Investor Stories 447: Choosing the Right VC: Understanding Value Add, Assessing Alignment, and Identifying the Best Board Partner (Jiang, Walsh, Saxena)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Kevin Jiang of Mangusta Capital
    • Shamin Walsh of BAM Ventures
    • Shashank Saxena of Sierra Ventures

    We asked guests to share the best question they've ever been asked by an allocator.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    5 min
  • 498. The Crypto x AI Convergence, the Truth About Stablecoins, Tokens vs Equity, and Whether NFTs Will Make a Comeback (Arianna Simpson)

    Arianna Simpson of Andreessen Horowitz joins Nick to discuss The Crypto x AI Convergence, the Truth About Stablecoins, Tokens vs Equity, and Whether NFTs Will Make a Comeback. In this episode we cover:

    • Stable Coins and Their Impact on Crypto
    • Geopolitical and Regulatory Risks for Stable Coins
    • Crypto's Role in the Financial System and Emerging Use Cases
    • Investing in Tokens and Equity
    • Institutional Adoption and Market Cycles
    • Challenges and Opportunities in the Crypto Market
    • Founders and Their Impact on Investment Decisions
    • The Future of NFTs and Emerging Technologies

    Guest Links:

    • Arianna's LinkedIn
    • Arianna's X
    • Andreessen Horowitz's LinkedIn
    • Andreessen Horowitz's Website

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    47 min
  • Investor Stories 446: What Experience Teaches Investors: When to Trust Conviction, How to Read Founders, and Why Coachability Matters (Rizik, Wang, Agarwal)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Chris Rizik of Renaissance Venture Capital
    • Casber Wang of Sapphire Ventures
    • Medha Agarwal of Defy

    We asked guests to describe the biggest change to their investment philosophy over the course of their career

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    9 min
  • Investor Stories 445: Navigating High Stakes Conflicts: Partnership Tension, Capital Inflection Points, and the Risks of Underfunding (Terbell and Clark, Banks, Tananbaum)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Jon Terbell and Ted Clark of FourBridge Partners
    • Lara Banks of Makena Capital Management
    • Jim Tananbaum of Foresite Capital

    We discuss major conflicts that guests have faced and how they resolved them.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    8 min
  • Investor Stories 444. The Biggest Misses in VC: Passing on Airbnb, Overlooking Skype, and Arriving Hours After Postman Closed (Maples, Okike, Mohapatra)

    On this special segment of The Full Ratchet, the following Investors are featured:

    • Mike Maples Jr. of Floodgate
    • Nnamdi Okike of 645 Ventures
    • Hemant Mohapatra of Lightspeed India

    Each investor highlights a situation where they decided not to invest, why they passed, and how it played out.

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    7 min
  • 497. Investing in Outsiders, Why Extreme Personalities Win, Weighing Timing versus Trends, and Rethinking Liquidity and Option Exercise Windows (Ethan Austin)

    Ethan Austin of Outside VC joins Nick to discuss Investing in Outsiders, Why Extreme Personalities Win, Weighing Timing versus Trends, and Rethinking Liquidity and Option Exercise Windows. In this episode we cover:

    • Lessons from Founding Give Forward
    • Investment Philosophy and Timing
    • Founding Outside VC
    • Characteristics of Strong Investment Candidates
    • Supporting Founders and Building Knowledge
    • Trends in FinTech and Climate
    • Role of a VC and Early Liquidity

    Guest Links:

    • Ethan's LinkedIn
    • Outside VC's LinkedIn
    • Outside VC's Website

    The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

    42 min

About The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

From the publisher's feed

The podcast dedicated to demystifying Venture Capital. Nick Moran and Nate Pierotti interview VC's & Startup Founders and on how they build great technology startups.

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