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

Today we cover Part 2 of Building an Investor Brand with Jay Acunzo & John Gannon of NextView Ventures. In this segment we address: Jay, how do you approach outsourcing for the Traction Podcast? John, what other elements are important and what other suggestions do you have for newer investors...

 

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Direct download: FR070_Acunzo_Gannon_p2.mp3
Category:Podcast Episodes -- posted at: 11:43am EDT

Jay Acunzo of NextView Ventures & John Gannon of BEMAVEN join Nick to cover Building an Investor Brand, Part 1. We will address questions including: Jay, can you start us off by talking about why VCs and in some cases angels are attempting to build an investor brand? John, what...

 

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Direct download: FR069_Acunzo_Gannon.mp3
Category:Podcast Episodes -- posted at: 11:40am EDT

Today we cover Part 2 of Getting Smart on a New Market with Charles Hudson of Precursor Ventures. In this segment we address: How do you look at companies addressing industries where the incumbent product offerings are free.  Businesses like Slack that were replacing free options Fresh Eyes… You’ve written...

 

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Direct download: FR082_Hudson_p2.mp3
Category:Podcast Episodes -- posted at: 11:18am EDT

Charles Hudson of Precursor Ventures joins Nick to cover Getting Smart on a New Market, Part 1. We will address questions including: What Charles’ experience at SoftTech was like and how he made the transition to founding Precursor. What his continuing role as a Venture Partner at SoftTech entails. How...

 

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Direct download: FR081_Hudson_p1.mp3
Category:Podcast Episodes -- posted at: 1:25pm EDT

John Buttrick of Union Square Ventures & Sean Moran of eshares joins Nick to cover The Cap Table, Part 1. We will address questions including: John, can you walk us through your background and how you became involved in venture capital Can you talk about your experience at USV and...

 

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Direct download: FR084_Buttrick_Moran_p1.mp3
Category:Podcast Episodes -- posted at: 11:02am EDT

Today we cover Part 2 of The Cap Table with John Buttrick of Union Square Ventures & Sean Moran of eshares. In this segment we address: John, I’ve heard from many founders that get caught up in the Option Pool Shuffle. Can you describe what that is and if the eshares...

 

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Direct download: FR085_Buttrick_Moran_p2.mp3
Category:Podcast Episodes -- posted at: 11:00am EDT

Welcome back to TFR for another Cram Session. In these special releases, we have aggregated the takeaways and tips from previous episodes. In this installment, we will be recapping the following episodes:

Ep18: Fundraise Types, Sources & Structures (Dave Berkus)

Ep19: Due Diligence (Imran Ahmad)

Ep20: Non-Unicorn Investing (Jerry Neumann)...

 

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Direct download: FR086_Cram_3.mp3
Category:Podcast Episodes -- posted at: 10:27am EDT

Today we cover Part 2 of Fintech Investing with Sheel Mohnot of 500 Startups. In this segment we address: What was your business, Fee Fighters, doing in the payment category of fintech and how did that lead to an exit? What are the major customer segments most often served by...

 

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Direct download: FR088_Mohnot_p2.mp3
Category:Podcast Episodes -- posted at: 10:02am EDT

Sheel Mohnot of 500 Startups joins Nick to cover Fintech Investing, Part 1. We will address questions including: Can you talk about your experience at 500 and how the fintech fund and accelerator are related? How do you define fintech?From your standpoint, what are the major categories within fintech? From your...

 

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Direct download: FR087_Mohnot_p1.mp3
Category:Podcast Episodes -- posted at: 9:51am EDT

Welcome back to TFR for another Cram Session. In these special releases, we have aggregated the takeaways and tips from previous episodes. In this installment, we will be recapping the following episodes:

Ep26: A New Era of Startup Investing | Angel Evolution (Christopher Mirabile)

Ep28: The Investment Readiness Level (Steve...

 

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Direct download: FR89_CRAM_Ep26-31.mp3
Category:Podcast Episodes -- posted at: 9:47am EDT

Welcome back to TFR for another Cram Session. In these special releases, we have aggregated the takeaways and tips from previous episodes. In this installment, we will be recapping the following episodes:

Ep11: The #1 Reason Startups Fail (Gabriel Weinberg)

Ep12: Advising Early-Stage Startups (Glenn Gottfried)

Ep13: The Convertible Note...

 

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Direct download: FR83_Cram_11-17.mp3
Category:Podcast Episodes -- posted at: 11:26am EDT

Nathan Benaich of Playfair Capital joins Nick to cover Artificial Intelligence Investing, Part 1. We will address questions including: Can we start off w/ a simple definition of artificial intelligence? The term ‘Machine Learning’ is often used when discussing AI. In your estimation, is Machine Learning and AI synonymous or...

 

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Direct download: FR077_Benaich_AI_p1.mp3
Category:Podcast Episodes -- posted at: 12:25pm EDT

Jonathon Triest & Brett DeMarrais of Ludlow Ventures join Nick to cover No Fun Allowed, Part 1. We will address questions including: Jonathon, can you start us off w/ you background and path to investing in startups? How about you Brett. How did you find your way to becoming a...

 

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Direct download: FR075_Triest_DaMarrais.mp3
Category:Podcast Episodes -- posted at: 12:36pm EDT

Adam Draper of Boost VC joins Nick to cover Virtual Reality Investing, Part 1. We will address questions including: Can you walk us through your background and how you became involved in startup investing? Today we are talking virtual reality and investing in VR. Can you start us off by...

 

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Direct download: FR073_Draper_p1.mp3
Category:Podcast Episodes -- posted at: 2:01pm EDT

Today we cover Part 2 of The Bloomberg for Private Companies with Anand Sanwal of CB Insights. In this segment we address: We hear people say that they invest in marketplaces, education, drones, healthcare, IoT, SaaS, machine learning, etc… all in the same breath. Some classify them as sectors, others...

 

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Direct download: FR068_Sanwal_p2.mp3
Category:Podcast Episodes -- posted at: 10:29am EDT

Anand Sanwal of CB Insights joins Nick to cover The Bloomberg for Startups, Part 1. We will address questions including: Can you walk us through your background and how you became involved in venture and the startup ecosystem? What were the key issues you experienced in analyzing data about private companies...

 

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Direct download: FR067_Sanwal_p1.mp3
Category:Podcast Episodes -- posted at: 7:33am EDT

Today we cover Part 2 of From Angel Group to Venture Fund with Maia Heymann of Converge Venture Partners. In this segment we address: What are the reasons why this structure attracts more great entrepreneurs? Have you found that you can move faster from the time you receive a deck...

 

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Direct download: FR066_Heymann_p2.mp3
Category:Podcast Episodes -- posted at: 7:15am EDT

Maia Heymann of Converge Venture Partners joins Nick to cover ‘From Angel Group to Venture Fund, Part 1’. We will address questions including: Can you walk us through your background and how you became involved in startup investing? From your experience as an institutional LP, how did you choose venture...

 

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Direct download: FR065_Heymann.mp3
Category:Podcast Episodes -- posted at: 7:35am EDT

Today we cover Part 2 of The Fast No with Mike Collett of Promus Ventures. In this segment we address: Do you approach evaluation like a funnel process and what specific methods do you use to accelerate decision-making? Do you see investors that operate w/ a trigger… where they make...

 

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Direct download: FR064_Collett_p2.mp3
Category:Podcast Episodes -- posted at: 12:46pm EDT

Mike Collett of Promus Ventures joins Nick to cover The Fast No, Part 1. We will address questions including: Can you start off by walking through your background and how you became involved in venture capital? This has come up in previous episodes but can you start off by refreshing...

 

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Direct download: FR063_Collett_p1.mp3
Category:Podcast Episodes -- posted at: 7:24am EDT

Christine Tsai of 500 Startups joins Nick to cover Diversity in Venture Capital, Part 1. We will address questions including: The Information recently published their “Future List” study, conducted w/ Social Capital on Diversity at VC firms. They found that 92% of the senior investors top-tier firms are male and...

 

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Direct download: FR061_Tsai_p1.mp3
Category:Podcast Episodes -- posted at: 6:24pm EDT

Today we cover Part 2 of Diversity in Venture Capital with Christine Tsai of 500 Startups. In this segment we address: You’ve said “The best thing women in tech can do is to invest in other women,” Last fall, 500 introduced its 500 Women AngelList syndicate and pledged to invest...

 

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Direct download: FR062_Tsai_p2.mp3
Category:Podcast Episodes -- posted at: 11:43am EDT

Andrew Parker of Spark Capital joins Nick to cover Algorithms as a Competitive Advantage. We will address questions including: Today we are talking data and algorithm-based startups. You’ve written a great deal about startups using algorithms as the basis of their value. When and why did you begin investing in...

 

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Direct download: FR058_Parker.mp3
Category:Podcast Episodes -- posted at: 9:44am EDT

Today we cover Part 2 of Algorithms as a Competitive Advantage with Andrew Parker of Spark Capital. In this segment we address: You’ve written about your investments in digital healthcare and education. Where do you see the future of these sectors and what areas are still potentially untapped? Are there...

 

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Direct download: FR060_Parker_p2.mp3
Category:Podcast Episodes -- posted at: 7:45am EDT

Mahendra Ramsinghani joins Nick to cover Startup Boards, Part 2. We will address questions including: What cadence/frequency should Board meetings occur? Can you talk about the board meeting itself and how the best meetings operate? How does the startup board’s makeup and responsibilities evolve over the course of a startups...

 

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Direct download: FR058_Ramsinghani_Part_2.mp3
Category:Podcast Episodes -- posted at: 7:22am EDT

Mahendra Ramsinghani joins Nick to cover Startup Boards, Part 1. We will address questions including: What are the key functions of a board and why should entrepreneurs put one together? When is the appropriate time for a startup to begin assembling a board? What is the ideal makeup of the...

 

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Direct download: FR057_Ramsinghani_Part_1.mp3
Category:Podcast Episodes -- posted at: 11:42am EDT

John Greathouse of Rincon Venture Partners joins Nick to cover The Hands-on Investor | High-Engagement Investing, Part 2. We will address questions including: The nature and the intensity of your interaction changes over the course of a startups development.  At what stages are you pulling back and getting more hands-off?...

 

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Direct download: FR056_Greathouse_p2.mp3
Category:Podcast Episodes -- posted at: 7:35am EDT

John Greathouse of Rincon Venture Partners joins Nick to cover The Hands-on Investor | High-Engagement Investing, Part 1. We will address questions including: Can you walk us through your background and how you became involved in startup investing? I came across your writing on lessons from surfing for the startup...

 

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Direct download: FR055_Greathouse.mp3
Category:Podcast Episodes -- posted at: 7:12am EDT

Semil Shah of Haystack joins Nick to cover The Path to Series A, Part 2. We will address questions including: We are all looking for great founders and teams at the seed stage. What additional team dynamics and construction may A round investors be looking for beyond what’s required at...

 

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Direct download: FR054_Shah_Part_2.mp3
Category:Podcast Episodes -- posted at: 7:47pm EDT

Semil Shah of Haystack joins Nick to cover The Path to Series A, Part 1. We will address questions including: Can you walk us through your background and how you became involved in startup investing? Can you first talk about why you’ve written about the path to A in the...

 

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Direct download: FR053_Shah_Part_1.mp3
Category:Podcast Episodes -- posted at: 5:13am EDT

Mark Peter Davis of Interplay Ventures joins Nick to cover The Hunt for Investors, Part 2. We will discuss the remaining questions including: When an entrepreneur gets a first meeting w/ an investor, what should they do, and conversely, what should they avoid doing in that meeting? After initial meetings, let’s...

 

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Direct download: FR052_Davis_p2.mp3
Category:Podcast Episodes -- posted at: 9:08am EDT

Tom Tunguz of Redpoint Ventures joins Nick to cover The Must-Have Characteristics of Successful SaaS Startups. We will address questions including: Can you talk about your decision to blog, selling your partners at Redpoint, how it went in the early going and what results it’s created for yourself and Redpoint?...

 

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Direct download: FR047_Tunguz.mp3
Category:Podcast Episodes -- posted at: 10:18am EDT

Mark Peter Davis of Interplay Ventures joins Nick to cover The Hunt for Investors, Part 1. We will address questions including: Can you walk us through your background and how you became involved in startup investing? Can you talk a little about the startup foundry concept and how Interplay differs from...

 

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Direct download: FR051_Davis_p1.mp3
Category:Podcast Episodes -- posted at: 8:52am EDT

David S. Rose is back on the program.  He is Managing Partner of Rose Tech Ventures, Founder & Chairman Emeritus of New York Angels, Associate Founder of Singularity University and, of course, Founder & CEO of Gust.  David joins us to cover recent news that the SEC has finally adopted rules on title 3...

 

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Direct download: FR046_Rose_Title_3.mp3
Category:Podcast Episodes -- posted at: 1:40pm EDT

Leo Polovets of Susa Ventures joins Nick to cover The Value of Data, Part Two. We will address questions including: Transitioning to business models and the way data can be wielded to generate value. Can you provide an example of a business that relies on data within their business model to...

 

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Direct download: FR050_Polovets_p2.mp3
Category:Podcast Episodes -- posted at: 9:18am EDT

Leo Polovets of Susa Ventures joins Nick to cover The Value of Data, Part One. We will address questions including: As a startup investor, why did you decide to write your series of articles on the “Value of Data?” You released this series in three parts. At a very high-level...

 

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Direct download: FR049_Polovets_p1.mp3
Category:Podcast Episodes -- posted at: 5:23am EDT

Peter Wilkins of Hyde Park Angels joins Nick to cover Entrepreneur-Investor Fit. We will address questions including: Did you consider raising a venture fund as opposed to leading an angel group? What should entrepreneurs think about when targeting investors? How do you parse which businesses need Venture Capital vs. Angel...

 

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Direct download: FR048_Wilkins.mp3
Category:Podcast Episodes -- posted at: 12:36pm EDT

On this episode of The Full Ratchet Nick covers part 5 of Best Practices for Seed & Angel Investing including: Overview of Seed Investing Developing an Angel Investor Strategy Identifying startups:  Deal-flow Evaluation & picking startups Overview The Team The Product The Market Deal-Structuring & Terms The Art of the...

 

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Direct download: FR045_The_Deal_p1.mp3
Category:Podcast Episodes -- posted at: 1:33pm EDT

Jason Heltzer of Origin Ventures joins Nick to cover Negotiating a Term Sheet. We will address questions including: Can you first talk about why you chose to write about negotiation? One of the first things to understand is whether the negotiation is asymmetric or not. What does this mean and...

 

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Direct download: FR044_Heltzer.mp3
Category:Podcast Episodes -- posted at: 1:38pm EDT

Sergio Gurrieri of Tech Coast Angels joins Nick to cover Why Angels Don’t do Drugs | Life Sciences Investing. We will address questions including: Can you first talk about the sector at large and the sub components of investment opportunities within the life sciences category? Who are the traditional players...

 

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Direct download: FR043_Gurierri.mp3
Category:Podcast Episodes -- posted at: 1:30pm EDT

Jonathan Struhl of Indicator Ventures joins Nick to discuss how he raised his first VC Fund. We will address questions including: What are the types of venture funds and what are their key differences? How do venture funds establish a strategy or investment focus? An LPA and PPM are necessary when...

 

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Direct download: FR042_Struhl.mp3
Category:Podcast Episodes -- posted at: 1:43pm EDT

John Huston of Ohio TechAngels joins Nick to cover The Exit. We will address questions including: How should angel group leaders think about the exit as a part of their investment strategy? Not every geographic area has produced multiple unicorns or any unicorns for that matter. Why is this a...

 

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Direct download: FR041_Huston.mp3
Category:Podcast Episodes -- posted at: 1:04pm EDT

Steve Blank joins Nick on The Full Ratchet to discuss the Investment Readiness Level, IRL, including: How have incubator and accelerator investors traditionally evaluated startups & what’s changed that provides an opportunity for a much better approach? You talk about how the focus for startups should shift to evidence and trajectory across...

 

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Direct download: FR028.mp3
Category:Podcast Episodes -- posted at: 11:39am EDT

Jon Medved of OurCrowd joins Nick to cover Crowdfunding & The Socialization of Finance. We will address questions including: Goldman Sachs recently published a report on the Socialization of Finance. Can you first talk about what they mean by this term and what are the key factors are that are...

 

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Direct download: FR040_Medved.mp3
Category:Podcast Episodes -- posted at: 1:30pm EDT

Rob Day of Black Coral Capital joins Nick to cover Cleantech. We will address questions including: As many in the venture space are aware the cleantech sector overall has underperformed over the last decade and many VCs and LPs have decided to no longer invest in Cleantech. Last year CBS’...

 

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Direct download: FR039_Day.mp3
Category:Podcast Episodes -- posted at: 1:32pm EDT

Michael Goldberg of The Bridge Investment Fund joins Nick to cover Cross-Border Investing. We will address questions including: Can you first touch on the specific countries where you’ve either made investments or worked to help facilitate fundraising? What are the most significant challenges to cross-border, investing? Can you discuss the...

 

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Direct download: FR038_Goldberg.mp3
Category:Podcast Episodes -- posted at: 3:01pm EDT

Leo Polovets of Susa Ventures joins Nick to cover The Algorithm for Raise Amount & Valuation. We will address questions including: You’ve outlined three major steps in “The Algorithm for Seed Fundraising.” The first, is the amount of the raise and you cite revenues, expenses and timing as key variables....

 

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Direct download: FR037_Polovets.mp3
Category:Podcast Episodes -- posted at: 10:08am EDT

Mamoon Hamid of The Social+Capital Partnership joins Nick to cover SaaS Startup Investing. We will address questions including: In your words, can you describe what a SaaS startup is and the key elements that define a SaaS company? Can you give an example of what is and what is not...

 

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Direct download: FR036_Hamid.mp3
Category:Podcast Episodes -- posted at: 2:53pm EDT

Eric Gasser joins Nick to discuss startup ecosystems and how his high-tech & high-touch screening process works at the Tech Coast Angels. We will address questions including: Can you start off by talking about the startup funding environment in San Diego a decade ago and where it has evolved to...

 

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Direct download: FR035_Gasser.mp3
Category:Podcast Episodes -- posted at: 12:53pm EDT

As promised, today we are doing a comparison of the four major approaches by which earlier stage investors make venture investments. They include the lone-wolf angel investor, the angel group, the venture fund and the syndicate. We will be looking at categories such as fees, speed, dealflow access, decision autonomy,...

 

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Direct download: FR034_VCs_Angels_Syndicates.mp3
Category:Podcast Episodes -- posted at: 3:02pm EDT

Gil Penchina joins Nick on The Full Ratchet to discuss Syndicate Investing, including: Can you first provide an overview of your angel portfolio performance? Why is it that you decided not to raise a fund? How does the syndicate approach work on AngelList and why did you adopt this approach toward angel investing? How...

 

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Direct download: FR033_Gil_Penchina.mp3
Category:Podcast Episodes -- posted at: 1:10pm EDT

Morris Wheeler & Mike Belsito join Nick on The Full Ratchet to discuss raising & investing capital outside of the Valley, including: What are the key challenges to raising outside of the valley? Does Crowdfunding for equity lower the barriers to raising for smaller market startups What advice would you have for...

 

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Direct download: FR032_Wheeler_Belsito.mp3
Category:Podcast Episodes -- posted at: 10:02am EDT

David Brown joins Nick on The Full Ratchet to discuss The Pitch Deck, including: Who is the target audience for the Pitch? Why is it preferred to a business plan? When is the right time for a startup to begin pitching for professional, seed capital? What are the basic elements of the...

 

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Direct download: FR031_Brown.mp3
Category:Podcast Episodes -- posted at: 5:10pm EDT

Joanne Wilson joins Nick on The Full Ratchet to discuss predatory investor practices and the dark side of venure, including: On the founder-side…  What are some of the activities you’ve seen from early-stage investors, that are predatory toward founders? What are some of the major differences between investor practices of the mid-90’s...

 

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Direct download: FR030_JWilson.mp3
Category:Podcast Episodes -- posted at: 2:23pm EDT

On this episode of The Full Ratchet Nick covers part 4b of Best Practices for Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Deal-flow Evaluation & picking startups, Overview: The Team, The Product The Market: Structuring the Deal...

Itunes:  http://bit.ly/1xMDf4t

Direct-audio:  http://bit.ly/1BFyJWL

SoundCloud:  http://bit.ly/1HqnUgy 

 

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Direct download: FR029_BP_Eval_p2.mp3
Category:Podcast Episodes -- posted at: 5:44pm EDT

On this episode of The Full Ratchet Nick covers part 4a of Best Practices for Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Dealflow Evaluation & picking startups, Overview: The Team, The Product, The Market, Structuring the Deal...

Itunes:  http://bit.ly/1yNvz3k

Direct-audio:  http://bit.ly/1xewycg

SoundCloud:  http://bit.ly/1fZU06S...

 

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Direct download: FR027_BP_Eval_p1.mp3
Category:Podcast Episodes -- posted at: 1:47pm EDT

Christopher Mirabile joins Nick on The Full Ratchet to discuss Angel Investing evolution and changes including: Can you briefly summarize the traditional Angel Group model from a decade ago and why it worked okay then? You highlight four major themes that have evolved with the modern angel group.  The first is...

 

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Direct download: FR026_Mirabile.mp3
Category:Podcast Episodes -- posted at: 4:26pm EDT

On this episode of The Full Ratchet Nick covers part 3 of Best Practices for Seed & Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Dealflow Evaluation & picking startups, and Structuring the Deal. Today we address item #3, Deal-flow, identifying startups to invest in.

Itunes:  http://bit.ly/1qrd41C...

 

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Direct download: FR025_Best_Prac_p3_Dealflow.mp3
Category:Podcast Episodes -- posted at: 4:22pm EDT

On this episode of The Full Ratchet Nick covers part 2 of Best Practices for Seed Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Deal-flow Evaluation & picking startups, and Structuring the Deal. Today we cover how to develop an angel investor strategy and next time we...

 

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Direct download: FR024_Best_Prac_p2.mp3
Category:Podcast Episodes -- posted at: 4:02pm EDT

Gabriel Weinberg joins Nick on The Full Ratchet to discuss his lessons learned from five years of angel investing including: Can you first highlight the basic stats of your first few years angel investing? Talk about how you first set your basic strategy on angel investing? With regard to each item in...

 

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Direct download: FR022_Weinberg2.mp3
Category:Podcast Episodes -- posted at: 3:00pm EDT

On this episode of The Full Ratchet Nick covers the first element of Best Practices for Seed & Angel Investing.  This series will be covered in five sections from before you begin until you are managing an active portfolio.  These sections include: Before you begin…  An Overview of Seed Investing...

 

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Direct download: FR023_Best_Prac_p1.mp3
Category:Podcast Episodes -- posted at: 2:40pm EDT

Rob Go joins Nick on The Full Ratchet to discuss VC Portfolio Strategy including: What are the five main parameters that VCs consider with regards to portfolio strategy? From your standpoint, what is the single best strategy that a VC firm can employ? How is your portfolio strategy structured and why? As you watch...

 

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Direct download: FR021_Go.mp3
Category:Podcast Episodes -- posted at: 1:01pm EDT

Jerry Neumann joins Nick on The Full Ratchet to discuss non-Unicorn Investing including: Can you give us a brief overview of Aileen Lee’s study on Unicorns, the results and the lessons from those results? You mention two main VC strategies for investing in unicorns…  An easy way and a hard way...

 

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Direct download: FR020_Neumann.mp3
Category:Podcast Episodes -- posted at: 2:28am EDT

Imran Ahmad joins Nick on the Full Ratchet to discuss Due Diligence including: What is due diligence is and why it is performed? How is a due diligence plan constructed and who most often executes the plan? How long can the process take from first meet to investment? Diligence is often described...

 

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Direct download: FR019_Ahmad.mp3
Category:Podcast Episodes -- posted at: 2:47pm EDT

Dave Berkus joins Nick on The Full Ratchet to talk fundraise types & structures including: Can you start us off with a history of funding structures in venture capital and how they have evolved to where we are at today? Can you highlight the major categories of financing and when they are...

 

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Direct download: FR018_Berkus.mp3
Category:Podcast Episodes -- posted at: 3:05pm EDT

Troy Henikoff joins Nick on The Full Ratchet to talk Startup Accelerators including: Can you start us off with an overview of what an accelerator is and how it differs from incubators? You mentioned that startups apply and go through a selection process.  Can you walk us through that process from...

 

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Direct download: FR017_Henikoff.mp3
Category:Podcast Episodes -- posted at: 2:00am EDT

Erin Griffith joins Nick on the podcast to discuss venture in the media including: If you take a 30,000 foot look at the media environment what are the major categories of venture players within media? How has the mix of players changed in recent years? This certainly isn’t new, but...

 

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Direct download: FR016_Griffith.mp3
Category:Podcast Episodes -- posted at: 11:23am EDT

In this episode of The Full Ratchet, the Takeaways and Tips from Episodes 1 – 10 are recapped.  Every once in a while, review episodes will be released as listeners have requested.

Itunes: http://apple.co/1KYMnW6

Direct Audio: http://bit.ly/1Jtoy8J

SoundCloud: http://bit.ly/1GF2hmd

 

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Direct download: FR015_Recap.mp3
Category:Podcast Episodes -- posted at: 2:54pm EDT

Ann Winblad joins Nick on The Full Ratchet to discuss the stages of fundraising including: We often hear financings referred to as Seed, Series A, Series B, etc.  Can you start us off with a general overview of the stages, the amounts being raised and the average post-money valuations at each? What...

 

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Direct download: FR014_Winblad.mp3
Category:Podcast Episodes -- posted at: 1:03am EDT

Bill Payne joins Nick on The Full Ratchet to discuss the Convertible Note including: What is a Convertible Note? What are it’s key elements and terms that are often negotiated? When did convertibles first begin to be used and why? Can you explain how the cap, discount and interest rate work? Can...

 

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Direct download: FR013_Payne.mp3
Category:Podcast Episodes -- posted at: 8:12pm EDT

Glenn Gottfried joins Nick on The Full Ratchet to discuss early-stage advising including: When you first engage, where are startups at in the fundraising process? Let’s start with “The Where”…  Where do you find startups with strong-potential? Once you’ve identified a startup, what happens next in the initial engagement process? What is...

 

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Direct download: FR012_Gottfried.mp3
Category:Podcast Episodes -- posted at: 8:43pm EDT

Gabriel Weinberg joins Nick on The Full Ratchet to discuss why most startups fail including: Many talk about how startups fail b/c of product or building a product.  You believe that the main source for startup failure, is for a different reason.  Tell us what that is. You’ve noted five mistakes that contribute...

 

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Direct download: FR011_Weinberg_1.mp3
Category:Podcast Episodes -- posted at: 3:00am EDT

Brad Feld joins Nick on The Full Ratchet to discuss the Term Sheet including: Economic Terms: Valuation Liquidation preference:  preference and participation Pay-to-play Vesting Employee pool and/or the option pool Anti-dilution Control Terms: Board of Directors & Board Observers Protective Provisions Drag-Along Agreement Conversion

Itunes:  http://bit.ly/XDVSZR  

Direct-audio:  http://bit.ly/1sb4ofz  

SoundCloud:...

 

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Direct download: FR010_Feld.mp3
Category:Podcast Episodes -- posted at: 4:53pm EDT

Michael Gruber joins Nick on The Full Ratchet to discuss Angel Groups, including: What is an angel group? What are the key functions of the Angel Group Leader or Coordinator? What value does an angel group provide to its investors? When investments are made, how are they typically organized? We’ve discussed...

 

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Direct download: FR007_Gruber.mp3
Category:Podcast Episodes -- posted at: 4:46pm EDT

Jeffrey Carter (part 2) where we finish the discussion on Valuation and also address ethics, and the Midwest Venture Environment. 

Key Takeaways: I wanted to highlight a few...

 

Itunes:  http://bit.ly/1qL2Uce  

Direct-audio:  http://bit.ly/1s1sebY  

SoundCloud:  http://bit.ly/1HnmAez

Guest Links: Hyde Park Angels, West Loop Ventures, Points and Figures Blog, Points and Figures Tumblr

 

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Direct download: FR009_Carter2.mp3
Category:Podcast Episodes -- posted at: 2:24am EDT

Jeffrey Carter  joins Nick on The Full Ratchet to discuss Valuation, including: Why is the valuation and price/share a critical deal term for investors to be well-informed about? What is the difference between a pre-money and post-money valuation and can you give us an example that illustrates what each would be...

 

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Direct download: FR008_Wave.mp3
Category:Podcast Episodes -- posted at: 12:47am EDT

George Deeb joins Nick on the Full Ratchet to discuss investment criteria & evaluation of startups including: What key questions should a startup be able to answer, that precedes evaluation (ie. If a start-up can’t answer these questions, don’t waste your time evaluating)? At a high-level, what are the categories...

 

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Direct download: FR005.mp3
Category:Podcast Episodes -- posted at: 8:42pm EDT

Charlie O’Donnell joins Nick on The Full Ratchet to discuss dealflow, including: What does the term “dealflow” mean? How do you find great startups?  Where are your main sources for dealflow and what is the percentage from each? Where do you tend to find the most startups in which you eventually...

 

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Direct download: FR006.mp3
Category:Podcast Episodes -- posted at: 8:41pm EDT

Howard Tullman joins Nick to cover key players in the Startup Ecosystem, including: Fund-of-Funds Placement Agents Fundraise Brokers Funding Platforms Accelerators Incubators Colocs / Co-working / Startup Hubs Media, Information & Event Outlets

Itunes: http://bit.ly/1nEPV5v

Direct-audio:  http://bit.ly/TjVnBo

SoundCloud:  http://bit.ly/1L7mR4R            

Guest links: Perspiration Principle Books 1871 Howard’s...

 

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Direct download: FR004.mp3
Category:Podcast Episodes -- posted at: 1:45pm EDT

David S. Rose joins Nick in the third episode of The Full Ratchet to cover: Accreditation.  What is it?  How to get it?  Is it necessary? What are opportunities for the non-accredited currently and in the near-future? What’s the difference between an Angel and a VC? Characteristics required to be...

 

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Direct download: FR003.mp3
Category:Podcast Episodes -- posted at: 1:43pm EDT

Chris Yeh joins Nick on The Full Ratchet to discuss Venture Capital…  Angels, Funds & Entrepreneurs including:   What is venture capital? Where does venture capital fit as an asset class? What is the standard time it takes to get a return? How is it similar to & different from...

 

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Direct download: FR002.mp3
Category:Podcast Episodes -- posted at: 1:41pm EDT

In the first episode of The Full Ratchet, Nick covers: Why he’s doing the podcast What will be covered on the show and What listeners can expect

Itunes:  http://bit.ly/1lwoSvj

Direct-Audio:  http://bit.ly/1iCjSGc   

 

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Direct download: FR001.mp3
Category:Podcast Episodes -- posted at: 3:13pm EDT