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

389. The Surprising Challenge of Launching a Venture Fund, Analyzing AI Horizontally Versus Vertically, and Why Most Companies Are Overstaffed (Rob Biederman)

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

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The Cost of Overstaffing in Early Stage Companies

I think we've yet to meet a founder that's underinvesting in technology. Increasing head count and increasing burn usually results in less getting done, not more per dollar but just aggregate less. I actually love working with our founders when they're feeling a little resource constrained. When you can create every project and the founders focused on five to seven things, it virtually never works out.

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