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

In this special replay episode Semil Shah of Haystack joins Nick to discuss 1st Institutional VC Fund Raised– Key Learnings.  We address questions including:

  • Maybe we can start off with how your investment focus has evolved since the last time you joined us.
  • What are your thoughts on how seed has split into pre-seed, seed, seed extension, and post seed?
  • Are you investing once with a company or reserving for these various stages within seed?
  • You just closed fund 3… tell us about the first two funds that set the stage.
  • Would you do things differently if you could go back?
  • Which raise was the hardest?
  • How did the expectations of LPs change from the early funds to the institutional fund?
  • What surprised you most about the raise?
  • Did you connect w/ prospectives through referrals, cold calls, a combination?
  • Walk us through the metrics… how many targets, meetings, avg commitment amt, etc.
  • Did you ever think you might not complete the raise?
  • What’s the best advice you got on the raise and who’d you get it from?
  • In our first interview, you talked about how you couldn’t get a full-time job at a venture firm. I’m sure you’ve had plenty of offers as you’ve built a track record. Did you ever consider making the jump?
  • When I sent my fund deck to you, you said “Awesome and looks good. As I always say, the deck matters much less than having capital partners who believe in you” For anyone listening that aspires to raise… talk about what you meant by this comment.

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_145.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

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_328_Why_I_Passed_Wagner_Lyman_Jones.mp3
Category:Investor Stories -- posted at: 4:00am EDT

In this special replay episode Ed Sim of Boldstart ventures joins Nick to discuss Maintaining a Disciplined Fund Size and Strategy, The Rise of NYC Tech, and Changes in the Exit Environment. In this episode, we cover:

  • Walk us through your background and path to VC
  • What’s the thesis at boldstart ventures?
  • What was it like starting Boldstart in NYC in 2010?
  • Tell us a bit about the thesis at investment and how things evolved over the years until the ultimate exit?
  • What’s your preference…  Niche and narrow problems or big and expansive opportunities?
  • What is your mental model for investing in enterprise founders with ideas?
  • category creation
  • Why only technical founders?
  • Will this enterprise bull market sustain?
  • You’ve talked about being involved and sitting on boards from “whiteboard to scale” ?…  how do you manage ever-increasing board responsibilities with other demands of the job?
  • Where are VCs most lacking when it comes to the value that early-stage founders require?
  • Do you think there’s too much money in venture?
  • How do you win in a seed with so many seed funds?

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_266.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

In this special replay episode Jason Calacanis joins Nick to discuss his new book and his secrets to successful angel investing. We address questions including:

  • Why Jason wrote the book
  • What drives him to continue angel investing after all his success
  • His thoughts on angels that make large investments during their first year of angel investing
  • His focus on finding 5,000x returns and his response to those that say he is discouraging innovation w/ this approach
  • How he thinks about the economics and business model of early-stage businesses in nascent markets
  • If he takes a contrarian or adversarial approach with founders

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_138__139.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Roger Ehrenberg
  • Sebastian Duesterhoeft
  • Risa Stack

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!


Jon Keidan of Torch Capital joins Nate to discuss The Consumer Investing Framework, The Importance of Building a Brand, And Tactical Advice for Founders on how to find Product-Market Fit. In this episode we cover:

  • Investing in Consumer Companies, Pain Points, Market Size, and Founder Qualities
  • Balancing Top-Down and Bottom-Up Investing Strategies
  • Consumer Distribution and Unit Economics in Early-Stage Investing
  • Building a Strong Brand and Moat for a Successful Business
  • Consumer Social Platforms and Their Potential for Growth
  • Fundraising Strategies for Early-Stage Startups

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: Jon_Keidan_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • John Cowgill
  • Jerry Neumann
  • Lily Lyman

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_326_Best_LP_Question_Cowgill_Neumann_Lyman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Jules Schwerin of RTP Global joins Nate to discuss How AI Will Transform Legacy Industries, The Bull Case for Vertical SaaS, and the Future of the Series A Market. In this episode we cover:

  • Investing in Lagging Industries and Overcoming Inertia to Adopt Modern Tech
  • Market Entry Strategies and AI Adoption
  • Market Size, Competition, and Funding for Vertical SaaS Companies
  • Logistics Investments and Niche Markets
  • IPOs, Deal Making, and Valuations 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: Jules_Schwerin_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
  • Tim Tully

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_325_Why_I_Passed_Stack_Kaiser_Tully.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Mitchell Green of Lead Edge Capital joins Nick to discuss The Hierarchy of Bullsh*t, The 8 Criteria that Matter Most, Why Boiler Rooms Win, and the Key to Raising Capital. In this episode we cover:

  • Investment Criteria for Scaling Companies
  • Leveraging a Network of High-Net-Worth Individuals for Investment Opportunities
  • Hiring and Evaluating Analysts in the Venture Capital Industry
  • Investing in Private Companies and IPOs
  • AI, Entrepreneurship, and Investing

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: Mitchell_Green_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Rebecca Lynn
  • Ian Sigalow
  • Peter Wagner

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_324_Visionary_Founders_Lynn_Sigalow_Wagner.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Michael Jones of Science Ventures joins Nick to discuss Lessons from Liquid Death and Dollar Shave, Why X’s Super-App Strategy is Flawed, Building Through Influence, and The Power of Observation. In this episode we cover:

  • Disrupting the Razor and Beverage Industries
  • Influencer Marketing and E-Commerce Trends
  • Early Stage Investing, AI, and Startup Landscape
  • Identifying Successful Founders

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: Michael_Jones_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Roger Ehrenberg
  • Sebastian Duesterhoeft
  • Lily Lyman

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_323_Key_Advice_Ehrenberg_Duesterhoeft_Lyman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Tim Tully of Menlo Ventures joins Nate to discuss Navigating the AI Hype: Where Value Will Accrue for Investors, the Future of AI Tech Stack, and the Role of Open Source, Vector Databases, and Recommendations Engines. In this episode we cover:

  • AI Hype, Investments, and Company Growth
  • Using Vector Databases to Improve AI Accuracy
  • Tech Investments and Trends in Developer Tools and Microservices
  • Enterprise Customer Demands, Engineering Teams, and Data Privacy

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: Tim_Tully_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Shensi Ding
  • Rebecca Lynn
  • Joe Kaiser

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_322_Lessons_Learned_Ding_Lynn_Kaiser.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Joe Kaiser of Mercato joins Nate to discuss Why the Growth Equity Model is Broken, the Playbook for Scaling in Between the Coasts, and the Verticalization of Big Data . In this episode we cover:

  • Investment Strategy and Ideal Company Fit for a Midwestern Venture Capital Firm
  • Scaling Companies in Different Geographies and the Role of AI in Various Industries
  • AI Investment Strategies and Valuations
  • Startup Valuations, IPOs, and Growth Equity
  • Venture Capital, Investing, and Entrepreneurship.

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: Joe_Kaiser_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • John Cowgill
  • Peter Wagner
  • Lily Lyman

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_321_Disruptive_Forces_Cowgill_Wagner_Lyman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Lily Lyman of Underscore joins Nick to discuss Workflow automation, LLMs impact on the Future of Work, Why Proprietary Data-Sets Will Win, How Business Models Will Change with AI, Why VCs should Focus on Revenue Growth and Not Markups. In this episode we cover:

  • AI's Impact on Work, Automation, and Collaboration
  • Investing in InsurTech, Supply Chain Logistics, Commerce, and Digital Health
  • Healthcare Tech Evolution, Business Models, and AI
  • Venture Capital, Valuations, and Investing in the Current Market
  • Entrepreneurship, Fundraising, and Company Building Insights

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: Lily_Lyman_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Lior Susan
  • Roy Bahat
  • SC Moatti

Each investor discusses a portfolio company that did not survive and why it was that they failed.

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_320_Post_Mortems_Susan_Bahat_Moatti.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Peter Wagner of Wing VC joins Nick to discuss Lessons from Seed Investing in Snowflake and Gong, Why the Next Super-Cycle is Here and How to Invest in It, and Insights on Firm Building, Decision Making, and Talent Spotting. In this episode we cover:

  • Early-Stage Investing and Company Building in B2B Technology
  • Investment Decisions and Market Fit
  • AI's Impact on Business and Investment Strategies
  • Data Platforms, ETL, and Vector Data in AI
  • Venture Capital Team Building and Talent Selection

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: Peter_Wagner_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Roger Ehrenberg
  • Sebastian Duesterhoeft
  • Rebecca Lynn

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!


Rebecca Lynn of Canvas Ventures joins Nate to discuss Why Good Marketing Beats Good Product, Emerging Use Cases for AI, and Tactical Advice for Founder to Build Their GTM. In this episode we cover:

  • Product Market Fit, Customer Needs, Marketing Strategies and Product Development
  • Marketing Strategies for Early-Stage Founders
  • Venture Capital, Marketing, and Scalability
  • Investing in Health Tech and Fintech Companies
  • AI in Legal Tech and Debt Collection

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: Rebecca_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Maren Bannon
  • Ben Lerer
  • Dan Kimerling

Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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_318_Strange__Unusual_Bannon_Lerer_Kimerling.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Shensi Ding of Merge joins Nate to discuss How to Instill a Culture of Speed, Lessons from Scaling Merge to 8000 Customers, and the Future of Software Integration. In this episode we cover:

  • Founding a Company to Solve Integration Problems in the Workplace
  • Product Market Fit and Customer Acquisition Challenges
  • API-First Company Challenges, Speed, and Quality
  • Hiring Culture and Growth

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: Shensi_Ding_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • John Cowgill
  • Roger Ehrenberg
  • Elizabeth Zalman

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_317_Lessons_Learned_Cowgill_Ehrenberg_Zalman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ian Sigalow of Greycroft joins Nick to discuss Co-Founding Greycroft with Alan Patricof & Dana Settle; Balancing Thesis Focus and Flexibility; AI Tooling vs. AI Platforms; and the Search for the Next Form Factor Amidst Smart-phone Saturation. In this episode we cover:

  • Venture Capital, Technology Trends, and Entrepreneurship
  • AI, GPUs, and Edge Computing
  • Future Growth Platforms for Consumer Software and Applications
  • AI Adoption and Platform Development
  • Investment Strategies and Portfolio Performance in the Tech Industry
  • Venture Capital, Public VS Private Markets, and Personal Habits.

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: Ian_Sigalow_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ben Lerer
  • Sebastian Duesterhoeft
  • Ian Sigalow

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_316_Why_I_Passed_Lerer_Duesterhoeft_Sigalow.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Risa Stack of The Production Board joins Nate to discuss Can BioTech Extend Life to 150 Years? Gene Editing, and Investing in the Future of Life Sciences. In this episode we cover:

  • Entrepreneurship, Venture Capital, and Starting Companies
  • Venture Studio Model, Technical Risk, and Investing in Businesses
  • Challenges in Therapeutic Development and Commercialization
  • Prioritizing People Over Products, and Assessing the Funding Environment for Critical Industries
  • Biotech, Life Extension, and Investment Strategies
  • Gene Editing and Cell Therapy Technologies
  • Personalized Medicine

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: Risa_Stack_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • John Cowgill
  • Roger Ehrenberg
  • Jerry Neumann

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!


Sebastian Duesterhoeft of Lightspeed Venture Partners joins Nate to discuss Are Software Businesses Defensible? What is the S curve and How to Time it, and Lessons from Investing in Snowflake, Databricks, and Confluent. In this episode we cover:

  • Investing in a Challenging Market with a Growth Investor
  • AI Technology, Its Impact & Potential to Disrupt Industries and Create New Opportunities
  • Investment Strategies and Price Dynamics in the Startup Space
  • Investing in Enterprise Software Companies, Including S-Curve Analysis
  • Market Size and Potential for a New Endpoint Security Player
  • Determining the Size of the Queue for Cloud Security and Software Development
  • Market Sizing, Vertical SAAS, and Software Margins
  • Investing, Brand, and Distribution in the Tech 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: Sebastian_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Dan Kimerling
  • Immad Akhund
  • Cameron Borumand

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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_314_Whats_Next_Kimerling_Akhund_Borumand.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Jerry Neumann and Elizabeth Zalman of Neu Venture Capital/Crane Venture Partners join Nick to discuss Founder Vs. Investor – A debate between an Experienced Founder and the VC that Backed Her. In this episode we cover:

  • Should Founders Even Want Venture Capital
  • Advice on Raising Capital
  • The Importance of Having a Hiring Process
  • How Many Full-Time Jobs Can a Founder Have
  • VC Attorneys
  • What Is the Purpose of the Board of Directors
  • Differences Between the Private and Public Markets
  • Tools Used for Profiling Founders

Guest Links:

Jerry Neumann:

Elizabeth Zalman:

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: Jerry__Elizabeth_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • John Cowgill
  • Roger Ehrenberg
  • Jerry Neumann

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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_313_Why_I_Passed_Cowgill_Ehrenberg_Neumann.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Roger Ehrenberg of Eberg Capital joins Nick to discuss Building and Leaving the Iconic Seed Firm IA, Mastering Reserve Strategy, Investing in Sports and the Next Wave of Entertainment, and Analyzing the Pysche of Unicorn Founders. In this episode we cover:

  • Spending Time with Founders Before Investing
  • What Most Investors Miss When Generating Persistent Returns
  • Directive vs Constructive with Founders
  • The Future of Sports
  • Dealing with Issues in Real Time

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: Roger_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ben Lerer
  • Dan Kimerling
  • Immad Akhund

Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_312_Lessons_Learned_Lerer_Kimerling_Akhund.mp3
Category:Investor Stories -- posted at: 4:00am EDT

John Cowgill of Costanoa Ventures joins Nate to discuss Why You Should Always Bet on The Founder, The Future of Cybersecurity, and Will AI Live up to the Hype?. In this episode we cover:

  • How Do Costanoa Ventures Run References
  • Do Investors Need to Have a Thesis
  • What Is Applied Big Data and How Will It Change the Enterprise
  • Bets on AI in the Enterprise
  • How Generative AI Can Be a Catalyst for Esoteric Industries

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: John_Cowgill_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Rob Biederman
  • Samir Kaul
  • Lior Susan

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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_311_Why_I_Passed_Biederman_Kaul_Susan.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Immad Akhund of Mercury joins Nate to discuss Behind the Scenes at Mercury During the SVB Crisis, Tactical Fundraising Advice for Founders, Lessons from 300+ Angel Investments. In this episode we cover:

  • The Importance of Understanding the Market.
  • Banking for Startups and Entrepreneurs.
  • The Collapse of SVB
  • Lessons Learned from the SVB Crisis.
  • Advice for Founders on How to Navigate a Startup Death Spiral.

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: Immad_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ajay Agarwal
  • Ben Lerer
  • Dan Kimerling

Each investor discusses a portfolio company that did not survive and why it was that they failed.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_310_Post_Mortems_Agarwal_Lerer_Kimerling.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Dan Kimerling of Deciens Capital joins Nick to discuss Defying the VC Orthodox, Re-inventing Financial Services, Picking Righteousness Over Returns, and Why VCs Should be More Like Rick Rubin and Less Like Don Wilson. In this episode we cover:

  • How to Diversify Risk
  • How to Support a Fee Structure That is Different
  • The Rise of Free and Open Source Software.
  • What Communities Are Most Underserved by FinTech.
  • The Role That FinTech Plays in Decarbonizing Finance.
  • The Art of Creating the Future.

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!


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

  • Jason Wilk
  • Lior Susan
  • Samir Kaul

Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_309_Strange__Unusual_Wilk_Susan_Kaul.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Jason Wilk of Dave joins Nate to discuss Scaling Dave to IPO, How to Recruit a Word Class Team, And Predictions for the Future of FinTech. In this episode we cover:

  • Navigating the Early Stage of Product Market Fit.
  • How to Drive Down the Cost of Acquisition.
  • How Did the Fundraising Process Evolve
  • Where Can We See the Winners in the FinTech Market
  • Challenges of Competing with Traditional Banks

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: Jason_Wilk_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Ajay Agarwal
  • Brian Barnes
  • Dan Kimerling

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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_308_Why_I_Passed_Agarwal_Barnes_Kimerling.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ben Lerer of Lerer Hippeau joins Nick to discuss How to Thrive in a Down Market; Investing through the AI Hype Cycle; and Consumer Exits and Key Lessons from Warby Parker, MIRROR, Casper, Allbirds, and Oscar. In this episode we cover:

  • Opportunities In the New York Tech Scene
  • The Challenges Of Building a DTC Company
  • How To Assess Purchase Frequency When the Market Is Low
  • Avoiding Startups Building With Generative AI
  • Where Is the Alpha In the Solar Space
  • What Makes For an Amazing CEO
  • Do Founders Have a Unique Superpower

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: Ben_Lerer_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Samir Kaul
  • Lior Susan
  • Ben Lerer

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_307_Whats_Next_Kaul_Susan_Lerer.mp3
Category:Investor Stories -- posted at: 4:00am EDT

David Tao of BarBend joins Nate to discuss Scaling to Exit Without Venture Capital, Why VCs Might be Incentivizing the Wrong Type of Company Building, and How GenAI Will Shape the Future of Media Businesses. In this episode, we cover:

  • The Importance of Diversifying Your Revenue Streams.
  • Hiring and Raising Capital for Founders.
  • The Right Time to Sell the Company.
  • Niche is Almost Always Bigger Than We Think.
  • Timeline for Monetizing Content.
  • Is Generative AI Overhyped or Underhyped.

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_Tao_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Rob Biederman
  • Ajay Agarwal
  • Brian Barnes

Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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!


Lior Susan of Eclipse Ventures joins Nate to discuss The $40T Opportunity Investing in Physical Industries, The Framework for Investing in Hardware, and Lessons Learned from Industry Legend, Pierre Lamond. In this episode we cover:

  • Misperceptions in Fintech

  •  

    Changing Barriers in Hardware

     

  • How to Find and Back the Best Founders

     

  • Macro Environment and Investing in 2023

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: Lior_Susan_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Tony Conrad
  • Samir Kaul
  • Lior Susan

Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_305_Lessons_Learned_Conrad_Kaul_Susan.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Samir Kaul of Khosla Ventures joins Nick to discuss Cutting the 1st and Largest Check into OpenAI; Assessing Generative AI Moats, Monopolies, and Market Opportunities; and Why Now is the Right Time for ClimateTech. In this episode we cover:

  • Taking Large Technical Risk Than Large Market Risk
  • Assessing Generative AI Moats
  • Investing in CleanTech
  • Investment Lessons & Best Practices During a Technology Revolution

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: Samir_Kaul_-_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Rob Biederman
  • Ajay Agarwal
  • Brian Barnes

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_304_Whats_Next_Biederman_Agarwal_Barnes.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Brian Barnes of M1 Finance joins Nick to discuss Building the Finance Super App, Modernizing Risk Underwriting, Revolutionizing Wealth Management, and Rocketing from Seed to Unicorn in 5 Years. In this episode we cover:

  • Building a Finance Super App
  • Achieving Product Market Fit in Fintech
  • Modernizing Risk Management
  • Going Through Rapid Hiring and Finding Talents
  • Raising Capital During Economic Downturn
  • AI and Generative AI Impact on Fintech

Guest Links:

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

To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_Barnes_Whole_EP_Edited.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • David Tisch
  • Tony Conrad
  • Samir Kaul

Each investor discusses a portfolio company that did not survive and why it was that they failed.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_303__Post_Mortems_Tisch_Conrad_Kaul.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Ajay Agarwal of Bain Capital Ventures joins Nick to discuss The $1T+ Opportunity Investing in the Physical World, Why Automation is Just Getting Started, and Raising a $1.9B Despite Macroeconomic Headwinds. In this episode we cover:

  • Boston, Palo Alto, Austin, Pittsburgh, What Makes Certain Cities Great Startup Ecosystems
  • Deploying $1.9B of New Funds
  • Robotics, AI & Automation, How Technology Impacts The Physical World
  • Why has the US Fallen Further Behind in Regards to Automation
  • The Impact of the Lack of Capital Flowing into Robotics & Automation

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: Ajay_Agarwal_Final.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Eric Tarczynski
  • Ajay Agarwal
  • Brian Barnes

Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


Rob Biederman of Asymmetric joins Nate to discuss The Surprising Challenge of Launching a Venture Fund, Analyzing AI Horizontally Versus Vertically, and Why Most Companies Are Overstaffed. In this episode, we cover:

  • The difference between a Founder VC and a Non-Founder VC
  • What are the areas that are getting the team excited
  • Vertical vs Horizontal Solutions
  • Building in Use Cases that expand Customer Value with Minimal Cost
  • How to Evaluate Horizontal Business Software Companies
  • Overstaffing and Underinvestment

Guest Links:

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: 387_Rob_Biederman.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Rick Zullo
  • Catharine Dockery
  • Rob Biederman

Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_301__Lessons_Learned_Zullo_Dockery_Biederman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Tony Conrad of True Ventures joins Nick to discuss Avoiding Attribution, The 50.1% Rule of Life, How to Invest in Red Oceans, and Why Investor Inaction is Often Best. In this episode, we cover:

  • The importance of building camaraderie
  • What does it take to get 20% Ownership in a Company
  • How to Invest in Red Oceans
  • Investing in Hardware
  • Selling Hardware vs. Software
  • Impact of Consumer Trends on Tech Startups
  • Is AI a threat to humans and what is the role of AI in the market

Guest Links:

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

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

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

  • Nadav Eylath
  • Kyle Harrison
  • Alex Pruden

Each investor discusses a portfolio company that did not survive and why it was that they failed.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_300__Post_Mortems_Eylath_Harrison_Pruden.mp3
Category:Investor Stories -- posted at: 4:00am EDT

David Pakman of Coinfund joins Nate to discuss Why Now is the Best Time to be Investing in Crypto and Web3, What's Next in NFTs, and The Future of Crypto Regulation. In this episode, we cover:

  • The difference between Crypto-native and Crypto-dabble firms.
  • Catalysts driving adoption of Bitcoin & Crypto Currency.
  • Consumer use case for Crypto Currencies?
  • What's Next in NFTs
  • Advice for web3 founders.
  • Why we don’t want five companies to control the future.

Guest Links:

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

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

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

  • David Tisch
  • Wesley Chan & Pegah Ebrahimi
  • Tony Conrad

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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_299__Why_I_Passed_Tisch__Pegah_Conrad.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Kyle Harrison and Eric Tarczynski of Contrary Capital join Nate to discuss Finding Product Market Fit As a Venture Firm, How to Identify World-Class Founders Before Anyone Else, And Debating Whether or Not Venture Has Hit The Bottom. In this episode, we cover:

  • The thesis and investment approach at Contrary.
  • Content and content marketing?
  • Ideating and scaling the MVP?
  • How much time are investors spending on other areas?
  • How do you differentiate your company?

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

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

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

  • Rick Zullo
  • Deena Shakir
  • Jim Andelman

Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: Investor_Stories_298__Strange__Unusual_Zullo_Shakir_Andelman.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Rodrigo Liang of SambaNova Systems joins Nate to discuss The Future of Generative AI, Innovating at the Hardware Layer, and the Path to Artificial General Intelligence. In this episode we cover:

  • The Rise of Neural Nets and Demand for Computing Power
  • Transition models vs. legacy models.
  • E-Chat GPT Introduction was Game Changing.
  • Predictions For The Future of Generative AI
  • AI's role in the digital age.
  • Are there any professions that are at risk?

Guest Links:

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

To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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: 384._RodrigoLiang_Full.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Catharine Dockery
  • David Tisch
  • Kyle Harrison

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for y

Direct download: Investor_Stories_297__Whats_Next_Dockery_Tisch__Kyle.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Wes Chan and Pegah Ebrahimi of FPV Ventures join Nick to discuss Building with a 100-Year Vision, Getting to Conviction in Canva, the Mission-Driven Mindset, and Lessons from the Legend, Bill Campbell. In this episode we cover:

  • The long-term effects of the tech banking crisis
  • Advice to portfolio founders
  • What Generative AI Means for Google and Search
  • How to find mission-driven founders
  • The operating model for helping with founders
  • How to build trust with founders
  • Advice from Bill Campbell
  • Advice for portfolio founders on sourcing talent

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

To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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: WP_Full_Episode.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Deena Shakir
  • David Tisch
  • Wes Chan & Pegah Ebrahimi

Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now


Alex Konrad of Forbes joins Nick to discuss The Fallout of First Republic and SVB and its Implications on Tech, The Algorithm Behind the Midas List, and Will AI Actually Replace Journalists? . In this episode we cover:

  • What led to the demise of First Republic Bank
  • Venture Capital’s response to the Crisis
  • How will the acquisition of First Republic Bank impact investors and venture capitalists
  • How the Midas list is made
  • Differences between the regular Midas list and the Seed list
  • What are the useful use cases for Crypto
  • Is AI coming for people’s jobs

Guest Links:

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: 383_Alex_Konrad.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Jim Andelman
  • Catharine Dockery
  • Eric Tarczynski

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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now

Direct download: IS_295_WHY_I_PASSED_ANDELMAN_DOCKERY_Tarczynski.mp3
Category:Investor Stories -- posted at: 4:00am EDT

David Tisch of Box Group joins Nick to discuss Why Optimizing for Ownership is a Trap, The Future of Seed Investing, and The Opportunity in Consumer Social. In this episode we cover:

  • Dealing with decisions that feel like tweener.
  • Over-rotating on short-term fake signals.
  • What is their portfolio construction philosophy?
  • Regretting not investing in the right companies.
  • Where do you think prices will go in 2020?
  • Differences between social media and venture capital.
  • The opportunity to capture the hearts and minds of consumers.

Missed a recent episode? Go to The Full Ratchet blog and catch up!

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. You can follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

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

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

  • Wesley Chan & Pegah Ebrahimi
  • Deena Shakir
  • Rick Zullo

Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

Direct download: IS_294_WHAT_S_NEXT_Wes_and_Pegah_Shakir_Zullo.mp3
Category:Investor Stories -- posted at: 4:00am EDT

Rex Woodbury of Index joins Nate to discuss The Opportunity in Gen Z, Deciphering Signal From the Noise in Generative AI, and The Future of Work. In this episode we cover:

Entrepreneurship vs. Work ethic.
The power of questioning social constructs.
Other trends to be excited about in tech.
Connecting to people on the internet is similar to advertising.
Comparing cloud vs. Generative AI
Habits tactics and techniques for writing.

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

To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_Woodbury_FULL.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

Deena Shakir of Lux Capital joins Nick to discuss The Lux Capital Playbook, Deeptech and The Application Layer, and What the Future Holds for Digital Health. In this episode we cover:

  • Investments in the fertility space.
  • How do you think about the future of healthcare?
  • Investing in healthcare companies.
  • Innovation in healthcare.

Guest Links:

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

To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_DEENA_SHAKIR.mp3
Category:Podcast Episodes -- posted at: 4:00am EDT

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

  • Jim Andelman
  • Wes Chan & Pegah Ebrahimi
  • Rodrigo Liang

    Each investor discusses a portfolio company that did not survive and why it was that they failed.

    Did you miss our guests full-length episodes?

    Jim Andelman Episode 379

    Wes Chan & Pegah Ebrahimi Episode 384

    Rodrigo Liang Episode 380

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: TRF_IS_293_Post_Mortems_Andelman_WesleyPegah_Liang.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

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

    Rick Zullo

    Deena Shakir

    Alex Pruden

    Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: TFR_IS_292_Lessons_Learned__1.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Jim Andelman of Bonfire Ventures joins Nick to discuss 85% Graduation from Seed to Series A, SaaS Metric Mastery, The Right Time to Stop Founder-Led Sales, and Advice for Emerging Managers. In this episode we cover:

    • The entry point for a seed investor.
    • The importance of being overweight on the first round.
    • How do you respond to a correction in valuation?
    • Knowing when to relax constraints in venture.
    • How much does it cost to build a sales team?
    • The right time to transition from founder-led sales to sales leader.
    • Evaluating the margin profile of a business.

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

    To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

    Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_Jim_AndelmanFinal.mp3
    Category:Podcast Episodes -- posted at: 4:00am EDT

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

    • Kristi Ross
    • Deena Shakir
    • Rick Zullo

    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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector,

    Direct download: TRF_IS_291_Why_I_Passed.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Catharine Dockery of Vice Ventures joins Nick to discuss Betting on "Bad" Industries, the opportunity in Alcohol, Nicotine, SexTech and other vices, and Why Early Stage Investors Should Avoid Consumer Investing. In this episode we cover:

    • Raising money for venture capital.
    • Investment opportunities in psychedelics.
    • What are the signals to look for in a consumer company?

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

    To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

    Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_Catharine_Dockery_FULL.mp3
    Category:Podcast Episodes -- posted at: 4:00am EDT

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

    • Jim Andelman
    • Mar Hershenson
    • Alex Pruden

    Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: TRF_IS_290_What_s_Next.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Alex Pruden of Aleo joins Nate to discuss From Special Forces to Leading Aleo, The Bull Case for Crypto and Web 3, and The Future of the Internet. In this episode we cover:

    • Leading a tech startup.
    • How to cultivate a stronger sense of leadership.
    • What is Aleo and what does it do?
    • What are the initial use cases for Ai?
    • The power of proof of humanity.
    • The scalability of zero-knowledge proofs.

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

    To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter.

    Want to keep up to date with The Full Ratchet? Subscribe to our podcast and follow us on 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_ALEX_PRUDEN_FULL.mp3
    Category:Podcast Episodes -- posted at: 4:00am EDT

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

    Willy Schlacks

    Mar Hershenson

    Rick Zullo

    Each investor discusses a portfolio company that did not survive and why it was that they failed.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: TFR_IS_289_Post_Mortems.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Rick Zullo of Equal Ventures joins Nick to discuss Architecting a Thesis-Driven Philosophy, Why There's Riches in Niches, How Founder-Market Fit is Changing, and Building the Largest Community of Emerging Managers. In this episode we cover:

    • How many different specialties can a founder have?
    • How do they take concepts and opportunities?
    • The importance of having a thesis driven team
    • The process of evaluating an investment
    • How to get conviction on ideas
    • Being earnestly honest about your business model
    • The four stages of building a business
    • The importance of finding a niche and expanding it

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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.

    You can follow us on LinkedIn and Twitter! Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

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

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

    • Nadav Eylath
    • Kristi Ross
    • Mar Hershenson

    Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Direct download: TRF_IS_288_Strange_And_Unusual.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Laura Spiekerman of Alloy joins Nate to discuss What Does the Future of Fintech Hold? Insights on Growth, Fraud, and Community Banking. In this episode we cover:

    • Alloy's mission and the role it plays in fintech
    • The importance of community banks in fintech design and development
    • Challenges of scaling a go-to-market business in fintech 
    • Laura's insights on the future of fintech, including concerns about fraud and blockchain technology
    • The impact of fed now on fraud prevention in fintech
    Direct download: TFR_375_LauraSpiekerman.mp3
    Category:Podcast Episodes -- posted at: 4:00am EDT

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

    • Kristi Ross
    • Ravi Viswanathan
    • Oz Alon

    Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Direct download: TRF_IS_287_LessonsLearned.mp3
    Category:Investor Stories -- posted at: 4:00am EDT

    Shardul Shah of Index Ventures joins Nick to discuss Assessing an entrepreneur’s imagination. What are the metrics and characteristics that demonstrate product market fit for Early-stage investing? (Shardul Shah). In this episode we cover:

    • Outsourcing security risk and the need to outsource risk.

    • The Importance of Imaginative Entrepreneurs

    • How do you think about the trade-offs of a services business?

    • Metrics and characteristics that demonstrate product market fit.

    • The evaluation criteria Shardul uses in evaluating companies.

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    Direct download: TFR_SHARDULSHA_1.mp3
    Category:Podcast Episodes -- posted at: 4:00am EDT

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

    • Jenny Lefcourt
    • Mar Hershenson
    • Ravi Viswanathan

    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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!


    Kristi Ross of tastytrade joins Nick to discuss Bootstrapping to a Billion Dollar Exit, The History of Options Trading, Competing Against Robinhood, and How to Build a Brokerage Content Machine. In this episode we cover:

    • Bootstrapping to a Billion
    • Chicago Trading in the 90s
    • ThinkorSwim, TCV, and Trading to Tastytrade
    • Robinhood's Capital Intensive Strategy 
    • Using Media and Content to Build a Brokerage Powerhouse

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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. You can follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


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

    • Tim Draper
    • Jenny Lefcourt
    • Chris Sugden

    Each investor discusses a portfolio company that did not survive and why it was that they failed.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: IS__285_POSTMORTEMS.mp3
    Category:Investor Stories -- posted at: 5:00am EDT

     Dan Ahrens of Left Lane Capital joins Nate to discuss The $30 Trillion Dollar Market Opportunity, Formulas for Successful Consumer Investing, and the Current Macro Environment. In this episode we cover:

    • Firm Building at Left Lane

    • Raising a $1.4B Fund II

    • Investing in Consumer Tech and SMB

    • The Current Macro Environment and much more!

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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. You can follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


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

    • Brian O'Malley
    • Ravi Viswanathan
    • Willy Schlacks

    Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: 384_Investor_Stories_284__Whats_Next_OMalley_Viswanathan_Schlacks.mp3
    Category:general -- posted at: 5:00am EDT

    Mar Hershenson of Pear VC joins Nick to discuss Are Founders Born or Made?, What it Takes to Raise a Series A in 2023, and Weighing the Balance of Unit Economics vs Growth. In this episode we cover:

    • Path to Pear and The Forbes Midas List
    • Data on The DNA of Entrepreneurs
    • Generative AI Hype
    • Raising a Series A in 2023 & More!

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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. You can follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


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

    • Samara Mejia Hernandez
    • Julie Wroblewski
    • Brad Burnham

    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, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


    Drew Oetting of 8VC joins Nick to discuss Why 8VC's Incubation Model Works, the Most Unique Culture in Venture Capital, and Investing at the Intersection of PE and VC. In this episode we cover:

    • Why Iteration is a Key Founder Quality
    • The Incumbent Venture Capital Mindset
    • How to Marry Entrepreneurship and Investing
    • And Much More!

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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. You can follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


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

    • Ravi Viswanathan
    • Jenny Lefcourt
    • Oz Alon

    Each investor describes the most unusual situation or pitch that they've encountered as an investor.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: IS282.mp3
    Category:Investor Stories -- posted at: 5:00am EDT

    Henrik Werdelin of BARK joins Nate to discuss What Consumer Founders Often Get Wrong, How to Build a Culture that Breeds Creativity, and Scaling Bark to IPO. In this episode we cover:

    • The Founding of Bark
    • Tips for Consumer Founders
    • Breeding a Creative Culture
    • The Path to IPO

    Missed a recent episode? Go to The Full Ratchet blog and catch up!


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

    • Annie Kadavy
    • Brad Burnham
    • Ali Hamed

    Each investor illustrates a critical lesson learned about startup investing and how it's changed their approach.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.

    Direct download: IS281.mp3
    Category:Investor Stories -- posted at: 5:00am EDT

    Oz Alon & Nadav Eylath of Honeybook & at.inc/ joins Nick to discuss From a Bar Owner to $100M+ ARR, How an Outsider Navigated Silicon Valley, Raising through Peaks and Troughs of Hype Cycles, and How to Select $B startups at the Incorporation Stage. In this episode we cover:

    • Honeybook's First Pitch
    • Investing in Founders at Incorporation
    • How to Sell to SMBs
    • Raising in Up and Down Markets
    • What the Future Holds For Tech Investing

    Missed a recent episode? Go to the TFR Blog to catch up! 


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

    • Tripp Jones
    • Jenny Lefcourt
    • Ravi Viswanathan

    Each investor discusses sectors, drivers and/or trends that may have significant impact in the future and are potentially positioned for outsized-returns.

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

    Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.


    Ramy Adeeb of 1984 joins Nick to discuss 2023 Predictions P2: A16Z vs. Tiger, ChatGPT vs. Google, Hot vs. Cool Sectors, and Which Big Tech Companies are Doomed. In this episode we cover:

    • Web 3.0's Demise

    • Andreesen vs. Tiger's Brands

    • ChatGPT Challenging Google

    • Big Tech's Troubles

    • Hottest & Coolest Sectors & More!

    Missed a recent episode? Go to The Full Ratchet blog and catch up!

    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. You can follow us on LinkedIn and Twitter!

    Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.