On this special segment of The Full Ratchet, the following Investors are featured:
- Tomasz Tunguz
- Pejman Nozad
- James Joaquin
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.
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Transcribed with AI:
0:18
Welcome back to TFR on today’s special segment, we asked guests for the most important piece of advice that they’d share with folks early in their venture career. Here’s the segment called key advice.
0:36
On today’s special segment, we have Tomash Tang goos of theory. Tom, if you could share one piece of advice with a young new investor, what would you tell them?
0:44
I would tell them pay attention to when you’re the hairs on your back of your neck pick up. And then the second bit of advice would be invest in your friends who you think are the smartest, I needed to learn that lesson myself and I have a lot of regrets from not having done that. Interesting.
1:06
On today’s special segment, we have Paige mon nose out of pear page. Bonnie, if you could share one piece of advice with a young new investor, what would you tell them
1:15
realize what is your superpower for founders and become the best out of at it? I actually think founders these days have so many different choices. And they want to work with few people. So you need to figure out what is your superpower? The question I asked myself every day why founders should take my capital? And you have to have a really good answer for it. Love it.
1:47
On today’s special segment, we have James Joaquin of obvious ventures. James, if you could share one piece of advice with a young new investor, what would you tell them?
1:57
I would say young padawan, you need to build a prepared mind before you make your first investment. I think there’s this false perception that venture is about getting points on the board. And if you’re if you’re new to venture you want to get your first deal done. And the truth couldn’t be further from that you know that every deal you make is part of your track record that follows you for your entire career, you want to be very thoughtful. And if you can build a prepared mind where you’re studying a particular market, or you’re studying a new technology, go meet with every company in and around that thesis that you’ve built. That will help you learn what great looks like before you make your first investment. I think a lot of young investors will make an investment they think it’s great, but they backed a b minus team and it two or three years later they figure that out. And they didn’t do enough homework to understand who the A teams are in a given category. And picking a team’s as you know, that’s that’s our day job and venture
3:05
couldn’t agree more.
3:11
That will conclude this installment of investor stories. If you’re enjoying the program and would like to see it continue. Take a moment and leave a five star review in iTunes. Okay, that will wrap things up for today. Until next time, over prepare, choose carefully and invest confidently thanks for joining me
