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

Investor Stories 428. Trust and Integrity with LPs, What Churn Reveals About Founders, and Building True Differentiation (Ralston, Abel, Shen)

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

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Thesis-Driven Differentiation and Concentration

Han Shen outlines iFly.vc's conviction-led, research-heavy approach, concentrated portfolio strategy, and practical ways this differentiates their GP activities and founder support.

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