Entrepreneurs and investors Colin Walsh, Adrian Aoun, and Semyon Dukach share key advice for early venture career starters. Topics include dedication and resilience in starting a company, humorous warnings about startup challenges, and advice for new investors. Key principles for fund investors are also discussed, emphasizing having a strong thesis, seeking conviction in investments and people, making smaller uncertain bets, and prioritizing belief in individuals over immediate results.
Entrepreneurs must stay focused on success, involving loved ones in their journey for resilience.
Investors should establish clear investment theses, build relationships with founders, and cultivate a trustworthy network for success.
Deep dives
Advice for New Founders
Starting a company requires immense dedication and perseverance. Entrepreneurs must be prepared for the constant challenges, often working around the clock to tackle issues. It is essential to maintain a deep focus on success, taking loved ones on the challenging journey, as success in business often demands long-term commitment and resilience. The entrepreneurial path, akin to the journey of figures like Steve Jobs, necessitates unwavering perseverance and determination.
Advice for New Investors
Investors entering the venture capital realm need a clear and scalable investment thesis. Seeking conviction and belief in their chosen ventures is crucial, especially in early-stage investments. Building relationships with founders and genuinely caring about their success is vital, even in the face of uncertainty. Building a network around trustworthy and promising individuals can lead to successful investment outcomes over time.
On this special segment of The Full Ratchet, the following Investors are featured:
Colin Walsh
Adrian Aoun
Semyon Dukach
We asked guests for the most important piece of advice that they'd share with folks early in their venture career.
The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.