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

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

  • Jules Schwerin
  • Adrian Aoun
  • Rob Rueckert

We asked guests to discuss the factor that could cause the most disruption to the industry going forward and how that will change the next decade of venture.

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!


Alex Edelson of Slipstream Investors joins Nick to discuss LPs Seeking Alpha - Decoding the Myths and Mastery of Fund Structure, Size, Reserves, Access, and Selection. In this episode we cover:

  • Evaluating Emerging VC Firms and Co-Investing Opportunities
  • Overcoming Challenges in Investing in Emerging Managers with Limited Track Records
  • Evaluating Venture Capitalists' Competitive Advantages and Sustainability
  • Venture Capital Incentives and Non-Consensus Investments
  • Fundraising Challenges for VCs, With Advice on Structuring Fundraising Efforts
  • Using Reserves in Venture Capital Investments
  • How a GP Can Pitch Themselves to Limited Partners LPs to Build a Successful Partnership

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Alex_Edelson_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Joe Kaiser
  • Michael Jones
  • Gaurav Jain

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_344_Best_LP_Question_Kaiser_Jones_Jain.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Larsen Jensen of Harpoon Ventures joins Nick to discuss TFR Declassified: Olympic Medalist and Navy SEAL on National Security, Deep Tech, and Taking Commercial Tech to Government Customers. In this episode we cover:

  • Startups Selling to Government Sector
  • Geopolitics and National Security in the Tech Industry
  • Startup Potential in Defense Industry
  • Investing in Tech Startups with a Focus on Government Contracts
  • AI Adoption in Government and Enterprise Sectors
  • Supporting Startup Founders with Differentiated Value
  • Drone and Counter-Drone Technology in National Security

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Larsen_Jensen_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Tim Tully
  • Jules Schwerin
  • Morgan Beller

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_343_Visionary_Founders_Tully_Schwerin_Beller.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ashu Garg of Foundation Capital joins Nate to discuss The Future of Large Language Models, Open vs. Closed Sourced, and Why 2024 is the Year of Inference. In this episode we cover:

  • Venture Capital Investing Strategies and Ideal Founder Characteristics
  • AI Model Development and Its Future
  • AI Models for Legal Tech and Their Potential Applications
  • Tech Giants' Positioning in the AI Shift
  • Google's Innovation Dilemma and AI Adoption

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Ashu_Garg_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Mitchell Green
  • Colin Walsh
  • Adrian Aoun

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_342_Why_I_Passed_Green_Walsh_Aoun.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Brian Long of Attentive joins Nate to discuss The Playbook to Finding Product-Market Fit, When Founders Should Begin to Scale, and Lessons from Building Attentive. In this episode we cover:

  • Entrepreneurship, Product Development, and Market Opportunity
  • Strategic Decisions for Early-Stage Companies
  • Customer Discovery and Feedback in Product Development
  • Product Market Fit and Customer Acquisition Strategies
  • Customer Problem Evolution and Startup Success Strategies
  • Sales Strategies, Company Growth, and Founder Experience

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Brian_Long_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Michael Jones
  • Jules Schwerin
  • Jon Keidan

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_341_Key_Advice_Jones_Schwerin_Keidan.mp3
Category:Investor Stories -- posted at: 4:00am EDT

David Spreng of Runway Growth Capital joins Nate to discuss 2024: The Year of Reckoning in the Venture Markets, The Future of Venture Debt, and Why the Venture Cycle is Unique. In this episode we cover:

  • Venture Capital, Technology Investments, and Late-Stage Funding
  • Differentiating Venture Debt Providers and Red Flags to Watch Out For
  • Venture Capital Quality, Liquidity Options, and Restructuring
  • Investing During Market Cycle Peak
  • Venture Debt Market Evolution and Underwriting Model

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: David_Spreng_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Morgan Beller
  • Colin Walsh
  • Adrian Aoun

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_340_Lessons_Learned_Beller_Walsh_Aoun.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Rob Rueckert of Sorenson Capital joins Nick to discuss How NVIDIA Beat Intel, Building a Firm Based on Go-to-Market, and Why Deal Judgement Trumps Deal Access. In this episode we cover:

  • Venture Capital, Marketing, and Sales Strategies
  • AI's Impact on the Tech Industry, Jobs, and Innovation
  • Hiring Early Employees, Building a Strong Team, Leadership, and Company Growth
  • Entrepreneurship, investing, and Solving Humanity's Biggest Problems

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Rob_Rueckert_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Tim Tully
  • Michael Jones
  • Mitchell Green

We asked guests to discuss the factor that could cause the most disruption to the industry going forward and how that will change the next decade of venture.

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_339_Disruptive_Forces_Tully_Jones_Green.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Semyon Dukach of One Way Ventures joins Nick to discuss Why Immigrant Founders Outperform, Lessons from Professional Blackjack, And Why Worrying About Downstream Financing is a Mental Trap. In this episode we cover:

  • Investing, Immigration, and Blackjack
  • Investing in Immigrant Founders and Their Unique Perspectives
  • Startup Investment Criteria and Screening Process
  • Entrepreneurship and Founder Characteristics
  • Investing in Tech Startups, Focusing on Credibility and Founder Quality
  • Investing in AI Startups and Future Risks

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Semyon_Dukach_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ian Sigalow
  • Peter Wagner
  • Morgan Beller

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_338_Best_LP_Question_Sigalow_Wagner_Beller.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Todd Klein of Revolution Growth joins Nate to discuss The Most Interesting Diligence Process You’ve Ever Heard, Why Founders Aren’t Risk Takers, and Reasoning Behind The Government Blocking More M&A Than Ever Before. In this episode we cover:

  • Revolution Growth's Investment Philosophy and Areas of Focus
  • The Current Regulatory Environment for Exits and M&A
  • Comparison of the Internet Paradigm Shift to AI and Identifying Sustainable Trends
  • Evaluating Founders and Distinguishing Those Who Want to Build Big Versus Control
  • Process for Identifying Trends and Immersing in Portfolio Companies

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Todd_Klein_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Risa Stack
  • Joe Kaiser
  • Mitchell Green

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_337_Visionary_Founders_Stack_Kaiser_Green.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Pete Flint of NFX joins Nate to discuss How AI Will Transform the Future of Marketplaces, the Shift from AI Co-Pilots to Agents, & Frameworks for Investment Timing. In this episode we cover:

  • Founding a Successful Tech Startup and Industry Insights
  • Founding NFX, Software Approach to Venture Firm, and Orthogonal Initiatives
  • Venture Capital Investment Strategy and Philosophy
  • Leveraging AI in Marketplaces for Efficient Operations and Novel Consumer Experiences
  • AI-Driven Career Counseling and Autopilot Technology
  • AI Value Creation and Distribution
  • B2B Marketplaces, Defensibility, Investment Criteria, and AI

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Pete_Flint_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ian Sigalow
  • Rebecca Lynn
  • Tim Tully

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_336_Key_Advice_Sigalow_Lynn_Tully.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Adrian Aoun of Forward joins Nick to discuss Why Healthcare is Broken and How to Fix it, A Future Path Forward Where Doctors are Architects not Providers, and How the Employer-Sponsored Healthcare System is Designed to Fail Us. In this episode we cover:

  • AI, Startups, and Entrepreneurship With Google Executives Larry Page and Sergey Brin
  • Democratizing Healthcare Through AI-Powered Pods
  • Healthcare Innovation and Technology Adoption
  • Assessing Talent and Building Teams in Person Vs. Remote
  • Healthcare System Flaws and Potential Solutions
  • Improving Healthcare with AI and Remote Monitoring

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Adrian_Auon_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Jules Schwerin
  • Jon Keidan
  • Morgan Beller

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_335_Why_I_Passed_Schwerin_Keidan_Beller.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Raffi Garabedian of Electric Hydrogen joins Nate to discuss Why the Opportunity in Energy may be as Large as AI, The Path to Decarbonization, and Fundraising Advice for DeepTech Startups. In this episode we cover:

  • Green Hydrogen and Its Potential for Clean Energy
  • Energy Transition and Business Opportunities in a Changing World
  • Green Hydrogen Applications and Timeline for Ammonia Transformation
  • Decarbonization in Various Industries
  • Green Hydrogen Infrastructure Development
  • Green Hydrogen Viability and Political Support

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox

Direct download: Raffi_Garabedian_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Peter Wagner
  • Lily Lyman
  • Michael Jones

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next

Direct download: Investor_Stories_334_Lessons_Learned_Wagner_Lyman_Jones.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Colin Walsh of Varo Bank joins Nate to discuss Scaling Varo to $1B+, The Future of Banking, & Why the Biggest Opportunity in Fintech is Financial Inclusion. In this episode we cover:

  • Entrepreneurship, Risk-Taking and Founding a Fintech Company
  • Financial Innovation and Customer Needs in the Industry
  • Financial Challenges and Technology Solutions
  • Becoming a Bank and Offering Financial Products to Consumers
  • AI's Impact on Financial Services, Operational Risk, and Productivity

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Colin_Walsh_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Jerry Neumann
  • Joe Kaiser
  • Morgan Beller

We asked guests to discuss the factor that could cause the most disruption to the industry going forward and how that will change the next decade of venture.

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_333_Disruptive_Forces_Neumann_Kaiser_Beller.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Gaurav Jain of Afore Capital joins Nate to discuss Why Market Size is Irrelevant, Patterns from Working with the Best Founders, & How AI Compares to Past Paradigm Shifts. In this episode we cover:

  • AI Paradigm Shift and Its Impact on Venture Capital Investments
  • AI Investment Opportunities in Various Industries
  • Market Size and Founder Potential in Seed Investing
  • Evaluating Founders' Ability to Learn and Grow in a Fast-Paced Startup Environment
  • The State of the Pre-Seed Market and the Importance of Innovation in Venture Capital
  • Startup Funding and the Importance of Right-Sized Rounds

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Gaurav_Jain_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Risa Stack
  • Tim Tully
  • Mitchell Green

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_332_Best_LP_Question_Stack_Tully_Green.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Morgan Beller of NFX joins Nick to discuss Is Cerebral Valley the True Mecca for AI or Just Hype, How the FTX Meltdown Could Benefit Crypto in the Long Run, and The Pros and Cons of Taking on Elon Musk and Jeff Bezos. In this episode we cover:

  • Stable Coins and Their Potential Use Cases
  • Crypto Regulation, FTX Debacle, and Market Correction
  • Space Technology, Satellite Repair and Competition
  • AI Companies in San Francisco's Hayes Valley
  • Startup Valuations, Founder Skills, and Competitive Advantages

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Morgan_Beller_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Lily Lyman
  • Michael Jones
  • Jon Keidan

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_331_Visionary_Founders_Lyman_Jones_Keidan.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ramy Adeeb of 1984 Ventures joins Nick to discuss 2024 Predictions P2: Bullish/Bearish on Acquisitions, First-Time Founders, Neobanks, PLG, Gaming, Cleantech, Venture GPT, Cyber, and A&D. In this episode we cover:

  • US Politics and Election Predictions in 2024
  • Economic Indicators, Credit Crisis, and Government Spending
  • Down Rounds in the Startup Industry
  • Venture Capital, Product-Led Growth, and Industry Evolution
  • Gaming, Clean Tech, and VC Investments
  • AI's Potential Impact, Cybersecurity, and Defense Tech in the Venture Capital Industry

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: TFR_Prediction_LevelsFixed.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Shensi Ding
  • Peter Wagner
  • Joe Kaiser

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_330_Key_Advice_Ding_Wagner_Kaiser.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ramy Adeeb of 1984 Ventures joins Nick to discuss 2024 Predictions P1: A Perfect Storm for Crisis, Feast & Famine in VC, Big Tech AI vs. Startup AI, and How LLMs Become the Ultimate Accelerant & Tax on Venture. In this episode we cover:

  • Venture Capital Industry Challenges and Potential "Great Resignation" of VCs
  • The Current State of VC Investments, Startup Challenges and Revenue Metrics
  • Investing in Startups, Crypto, and AI
  • AI Adoption and Its Challenges for Startups and Incumbents
  • AI's Potential Impact on Various Industries and Applications
  • Interest Rates, and Startup Valuations
  • AI and Tech Industry Trends

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Prediction_2024_Part_1_-_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

In this special replay episode McKeever “Mac” Conwell II of RareBreed Ventures joins Nick to discuss Raising a Fund via General Solicitation & Twitter, How Rolling Funds Can Disadvantage LPs, and Facing the Reality of Diversity in VC. In this episode, we cover:

  • Walk us through your background and path to VC
  • What’s the thesis at RareBreed Ventures?
  • Why did you start RareBreed Ventures?
  • Tell me about the fundraise… when did you first kickoff and then start getting momentum?
  • Have you gotten better at raising over time? What have you improved most?
  • What resonates w/ LPs, what do you get pushback on?
  • What’s been the biggest surprise in the process so far?
  • Optimistic, pessimistic or neutral on diversity in VC over the next decade?
  • Twitter — blowing up, what’s working so well?
  • Rolling fund vs. not… why?
  • Thoughts on thesis and portfolio construction…
  • What’s the ideal fund size for your stage and strategy?
  • Founders… biggest mistake you see early stage founders make
  • Gives us a snapshot of Rarebreed in 3 years… how about 7 years?

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Replay_Ep_277.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Risa Stack
  • Tim Tully
  • Mitchell Green

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

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Investor_Stories_329_Lessons_Learned_Stack_Tully_Green.mp3
Category:Investor Stories -- posted at: 4:00am EDT

In this special replay episode Grace Isford of Canvas Ventures joins Nick on a special Crisis Coverage installment to discuss the GTM Playbook; Building a Career in VC; Societal Challenges and Opportunities Post-COVID; and a Comprehensive Analysis of Successful GPs and Venture Investments. In this episode, we cover:

  • You’re an extroverted, people-person… how you holding up w/ the quarantine?
  • Quick overview of your background and path to VC?
  • Your focus (and thesis) at Canvas?
  • You developed a 30 page GTM Playbook based on interviews w/ 10+ CROs/VPs of Sales across major B2B companies. First of all, is this publicly available and also what were some takeaways that really stood out?
  • There’s a segment of VCs that believe that one must be an operator to be a good VC… what’s your stance?
  • Examples of successful non-operators?
  • You completed a comprehensive analysis of the portfolios of over 200 venture firms, looked at 100 successful GPs, and winning, U.S.-based investments w/ a valuation greater than $500M… what were your key takeaways?
  • A bit about signaling… Many in the industry and those observing determine the value of a startup based on whether a brand name venture firm is in the deal… “If Sequoia is in the deal, startup must be great”… what are your thoughts on this common perception?
  • What does your weekly routine look like and how have you prioritized the various demands of the job?
  • What have you found to be most challenging in your career as a VC?
  • What advice do you have for young folks trying to make an impact as an investor or board observer?
  • You wrote a great piece that analyzed three areas where VCs could invest to address the societal challenges of COVID-19. Can you walk us through each of these and why the opportunity here is greater?
  • What do you think the future holds for venture & entrepreneurship in a post-COVID world?
  • The old playbook for winning deals is gone… Any idea on how one might win a deal virtually?

Guest Links:

The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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.

Are you a founder looking for your next investor? Visit our free tool VC-Rank and we’ll send a list of potential investors right to your inbox!

Direct download: Replay_Ep_221.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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