Investor Stories 408: Visionary Founders (Seides, Ralston, Stevens)

Investor Stories 408: Visionary Founders (Seides, Ralston, Stevens)


On this special segment of The Full Ratchet, the following Investors are featured:

  • Ted Seides
  • Rusty Ralston
  • Kevin Stevens

We asked guests to discuss the most visionary founder that they’ve worked with and what makes them so special.

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

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You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

Transcribed with AI:

0:19
Welcome back to TFR on today’s special segment, we ask guests to discuss the most visionary founder that they’ve worked with and what makes them so special. Here’s the segment called visionary founders.

0:35
On today’s special segment, we have Ted sidies of capital allocators, Ted who is one of the most visionary or inspiring managers you’ve worked with, and what makes them unique? It’s

0:46
hard to move away from David Swensen. We talked a lot about him, so I’ll talk about another one that people may have mentioned. This guy in Omaha, Warren Buffett. I had an opportunity to spend a bunch of time with Warren several dinners, and he was already a famous person when I met him, but what I found was that he’s so genuinely the real deal. And what I mean by that is He’s a humble Midwestern guy who like lives out of the spotlight, like a Midwesterner, and has this single minded focus on business success and investing, and it’s a type of focus that you I don’t have it, but you see it in certain super, super successful people, where it’s all they care about. It’s very difficult to have extensive conversations with Warren about his kids and family, like it’s He loves them, but it’s not his focus, like he is so focused on Berkshire and the business, and that combination of this genuine authenticity and earnestness with that obviously incredible success that comes from that focus is like, it’s a certain type of model that I really, really appreciate. Love. It.

2:05
On today’s special segment, we have rusty Raulston and Jay Patil of swell VC rusty and Jay, who is one of the most visionary or inspiring founders you’ve worked with, and what makes them unique?

2:15
I’ll take this one. I’d say one of the most visionary founders we’ve worked with is Ari trausdahl. He’s the founder of both tap at and crisp. Ari has this incredible, incredible ability to look beyond, you know, the horizon, and build the future of industries. And he did that with tapad, which built a solution that unified cross device identity in the marketing world. He’s done it again now with crisp, which is like transforming the food supply chain by leveraging real time data to reduce inefficient inefficiencies and cut down on waste, which is great for the planet, and optimize inventory. So, you know, closing brands like Walmart and Target and Nestle and craft and, you know, solving their problems. So Ra is a machine. We wish we had 100 RAs and, you know, he’s just not chasing trends. He’s a founder who really digs deep, incredibly curious, understand a you know, problem industry has this vision, and his co founder, dog, dog can build solutions and and reshape entire industry. So, you know, Ari Ra is an incredible founder. I wish we had, you know, like I said, 100 of

3:17
them on today’s special segment, we have Kevin Stevens of energize Kevin, who is one of the most visionary or inspiring founders you’ve worked with, and what makes them unique,

3:27
this is like asking me to pick my favorite child, but I’m really inspired by the team at PV case. So pvcase is an investment that we made in the utility scale software side, and they’re based in all places of Lithuania. And if there’s anything you should know about Lithuania is that it doesn’t get a lot of sun. It’s very much like Minnesota, but they’ve done it. They’ve built the largest global utility software company in the world, and just the respect for what it means to them, for their country and for their city. They’re in the capital of Lithuania, called Vilnius. It’s 500,000 Vilnius. It’s 500,000 people, very, very small from startup terms, from like Metro size, and just the ability to run through walls to make it happen, to build a global company from there, and then the desire to give back to the community. I mean, that’s, I think, kind of what we’re all after with these exits. And I really, really respect the work that they’ve made, they’ve done to make that happen.

4:29
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.