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

382. Why Optimizing for Ownership is a Trap, The Future of Seed Investing, and The Opportunity in Consumer Social (David Tisch)

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

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The Importance of Meeting the CEO

I think founders don't like when you name names here. I want to be respectful without knowing if people get annoyed about that. Valuation, at certain points, what you thought was expensive no longer is expensive a couple years later. The valuation question tends to be the wrong one in a snapshot versus across a portfolio. It's not just meet the CEO, but it's meet the founding team because you can see a dynamic of a team.

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