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

1. The Black Box of Venture Capital (Nick Moran)

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

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The Future of Venture Investing

In the public markets, majority of value is transferred from one investor to another when a stock is traded. That capital does not get returned to the company to create value or invest in R&D. In the startup world, investments go directly to the companies allowing for value creation and growth. There's still plenty of money to be made as an investor if you make the right bets. If you're thinking about getting involved, I promise you'll never be bored.

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