
Investor Stories 405: Why I Passed (Terbell and Clark, Patil, Schilling)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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Intro
This chapter delves into a missed investment opportunity from the mid-90s that later became a successful venture fund. The guests share insights on their decision-making process and how it shaped their current investment philosophy, emphasizing the value of experienced managers.
Transcript
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