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

Investor Stories 356: Lessons Learned (Rueckert, Tunguz, Rotman)

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

ANECDOTE

Personal Conviction

Rob Rueckert's early investment based on 'smart money' resulted in a total loss because he wasn't emotionally connected to the product. Now, Rob invests only if he's personally convicted in the product and the CEO, even if it means missing out on opportunities.

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