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

382. Why Optimizing for Ownership is a Trap, The Future of Seed Investing, and The Opportunity in Consumer Social (David Tisch)

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

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How to Invest With Concentrated Scaled Ownership

We knew it when we saw it. And investors love to talk about the wind and validate their thesis after the fact, right? It's like when you look at the Midas list, there's always the one or two investments that everyone has made. They don't show the long tails of the others. Behind each of these investments is a founding team that is spending their life on that company.

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