
456. LP Insight on What Distinguishes the Good from Great VCs, Why VC Firms Fail, How to Mitigate Risk, and What to Look For When Metrics Mislead (Jon Terbell and Ted Clark)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
Intro
In this chapter, a guest shares insights on Tovala's success in the meal kit industry, focusing on its recent profitability and partnership with Costco. The discussion highlights the effective business model that prioritizes customer convenience and concludes with a promotion for a venture capital platform.
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