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

Gil Penchina joins Nick on The Full Ratchet to discuss Syndicate Investing, including: Can you first provide an overview of your angel portfolio performance? Why is it that you decided not to raise a fund? How does the syndicate approach work on AngelList and why did you adopt this approach toward angel investing? How...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for...

On this special segment of The Full Ratchet, the following investors are featured: Mirabile Wheeler Winblad Each investor describes their investment thesis and how they evaluate startups for investment.   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter  @ TheFullRatchet  for updates and more information.

Morris Wheeler & Mike Belsito join Nick on The Full Ratchet to discuss raising & investing capital outside of the Valley, including: What are the key challenges to raising outside of the valley? Does Crowdfunding for equity lower the barriers to raising for smaller market startups What advice would you have for...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of...

David Brown joins Nick on The Full Ratchet to discuss The Pitch Deck, including: Who is the target audience for the Pitch? Why is it preferred to a business plan? When is the right time for a startup to begin pitching for professional, seed capital? What are the basic elements of the...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, fo...

Joanne Wilson joins Nick on The Full Ratchet to discuss predatory investor practices and the dark side of venure, including: On the founder-side…  What are some of the activities you've seen from early-stage investors, that are predatory toward founders? What are some of the major differences between investor practices of the mid-90's...   To listen more, please visit  http://fullratchet.net/podca...

On this episode of The Full Ratchet Nick covers part 4b of Best Practices for Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Deal-flow Evaluation & picking startups, Overview: The Team, The Product The Market: Structuring the Deal... Itunes:   http://bit.ly/1xMDf4t Direct-audio:   http://bit.ly/1BFyJWL SoundCloud:  http://bit.ly...

Steve Blank joins Nick on The Full Ratchet to discuss the Investment Readiness Level, IRL, including: How have incubator and accelerator investors traditionally evaluated startups & what's changed that provides an opportunity for a much better approach? You talk about how the focus for startups should shift to evidence and trajectory across...   To listen more, please visit  http://fullratchet.net...

On this special segment of The Full Ratchet, the following investors are featured: - Henikoff - Neumann - Go Each investor highlights a situation where they decided not to invest, why they passed, and how it played out.           To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter  @ TheFullRatchet  for updates and more i...

On this episode of The Full Ratchet Nick covers part 4a of Best Practices for Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Dealflow Evaluation & picking startups, Overview: The Team, The Product, The Market, Structuring the Deal... Itunes:   http://bit.ly/1yNvz3k Direct-audio:   http://bit.ly/1xewycg SoundCloud:   http://bit.l...

Christopher Mirabile joins Nick on The Full Ratchet to discuss Angel Investing evolution and changes including: Can you briefly summarize the traditional Angel Group model from a decade ago and why it worked okay then? You highlight four major themes that have evolved with the modern angel group.  The first is...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of o...

On this episode of The Full Ratchet Nick covers part 3 of Best Practices for Seed & Angel Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Dealflow Evaluation & picking startups, and Structuring the Deal. Today we address item #3, Deal-flow, identifying startups to invest in. Itunes:   http://bit.ly/1qrd41C.. .   To listen more, please...

On this episode of The Full Ratchet Nick covers part 2 of Best Practices for Seed Investing including: Overview of Seed Investing, Developing an Angel Investor Strategy, Identifying startups:  Deal-flow Evaluation & picking startups, and Structuring the Deal. Today we cover how to develop an angel investor strategy and next time we...   To listen more, please visit  http://fullratchet.net/podcast-...

  On this special segment of The Full Ratchet, the following investors are featured: Imran Ahmad Dave Berkus Rob Go Each investor describes their investment thesis and how they evaluate startups for investment.   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter  @ TheFullRatchet  for updates and more information.

On this episode of The Full Ratchet Nick covers the first element of Best Practices for Seed & Angel Investing.  This series will be covered in five sections from before you begin until you are managing an active portfolio.  These sections include: Before you begin…  An Overview of Seed Investing...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episo...

Gabriel Weinberg joins Nick on The Full Ratchet to discuss his lessons learned from five years of angel investing including: Can you first highlight the basic stats of your first few years angel investing? Talk about how you first set your basic strategy on angel investing? With regard to each item in...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other...

Rob Go joins Nick on The Full Ratchet to discuss VC Portfolio Strategy including: What are the five main parameters that VCs consider with regards to portfolio strategy? From your standpoint, what is the single best strategy that a VC firm can employ? How is your portfolio strategy structured and why? As you watch...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all...

Jerry Neumann joins Nick on The Full Ratchet to discuss non-Unicorn Investing including: Can you give us a brief overview of Aileen Lee's study on Unicorns, the results and the lessons from those results? You mention two main VC strategies for investing in unicorns…  An easy way and a hard way...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes...

On this special segment of the Full Ratchet, the question "Why I Invested in a Startup" is addressed by: Dave Berkus, Troy Henikoff, & Ann Winblad. Each investor highlights their own unique scenario with a startup, what the key factors were that led to "Yes"  and how that investment has worked out.   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episod...

Imran Ahmad joins Nick on the Full Ratchet to discuss Due Diligence including: What is due diligence is and why it is performed? How is a due diligence plan constructed and who most often executes the plan? How long can the process take from first meet to investment? Diligence is often described...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episod...

Dave Berkus joins Nick on The Full Ratchet to talk fundraise types & structures including: Can you start us off with a history of funding structures in venture capital and how they have evolved to where we are at today? Can you highlight the major categories of financing and when they are...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Als...

Troy Henikoff joins Nick on The Full Ratchet to talk Startup Accelerators including: Can you start us off with an overview of what an accelerator is and how it differs from incubators? You mentioned that startups apply and go through a selection process.  Can you walk us through that process from...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episo...

Erin Griffith joins Nick on the podcast to discuss venture in the media including: If you take a 30,000 foot look at the media environment what are the major categories of venture players within media? How has the mix of players changed in recent years? This certainly isn't new, but...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, fol...

On this special segment of the Full Ratchet, the question "Why I Passed on investing in a Startup" is addressed by: Brad Feld Ann Winblad & Gabriel Weinberg Each investor highlights their own unique scenario with a startup, discusses why they chose not to invest and, in some cases, if that was a...   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episod...

In this episode of The Full Ratchet, the Takeaways and Tips from Episodes 1 – 10 are recapped.  Every once in a while, review episodes will be released as listeners have requested. Itunes:  http://apple.co/1KYMnW6 Direct Audio:  http://bit.ly/1Jtoy8J SoundCloud:  http://bit.ly/1GF2hmd   To listen more, please visit  http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, foll...