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

390. The $1T+ Opportunity Investing in the Physical World, Why Automation is Just Getting Started, and Raising a $1.9B Despite Macroeconomic Headwinds (Ajay Agarwal)

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

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The Importance of Relationship Capital in Investing

I missed the daily action of the operating world and misspeaking the trenches. I didn't love being, you know, half step or one step removed. It took me a number of years to kind of see that play out before feeling like, okay, this is what I want to go to do for a large chunk of time. And I don't think I've ever said, I'm going to do it for 20 years of the rest of my life. But it's been great. The opportunity to partner with founders, the relationships I have with the founders and companies I work with are just incredibly fulfilling in different ways than the days of the operatingworld.

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