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

Investor Stories 400: Lessons Learned (Yunger, Chau, Terbell and Clark)

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

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Shifting Focus: From Large Funds to Greater Upside in Venture Investing

This chapter discusses a pivotal shift in investment strategy from large-scale funds to smaller seed and early-stage funds. The speakers emphasize the importance of focusing on potential growth and innovation over traditional metrics like assets under management and IRR.

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