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

480. The OG Seed Investor, Mike Maples Jr., on Spotting Inflection Points, Living in the Future, and Why the Best Form of Competition Is No Competition (Mike Maples)

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

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The Double-Edged Sword of Pattern Recognition in Decision-Making

This chapter explores the role of pattern recognition in venture capital decision-making, highlighting both its benefits and drawbacks. Using examples from sports and art, the discussion underscores the necessity of creating new patterns to adapt to changing environments and unlock fresh opportunities.

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