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

500. AI Native VC, Achieving 50%+ Graduation from Seed to Series A, Why Access Is the Key to Success, and Why Network Driven Firms Can No Longer Compete (Ben Orthlieb)

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

00:00

The role of price and pre-commitments

Ben says price matters within limits, they keep caps, make rare exceptions for outsized outcomes, and avoid pre-pricing.

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