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

394. 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

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

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The Impact of Venture Capital on Innovation and Technology

Venture capital has an outsized impact on innovation and technology. But at the same time, I think there are instances where venture capital can push a business in a trajectory that simply isn't sustainable. Shrades hired extremely slowly after its initial raise until it knew additional revenue from that position could cover that salary. Being able to forecast that out is more of an art than a science.

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