On this special segment of The Full Ratchet, the following Investors are featured:
- Ted Seides
- Jay Patil
- Kevin Stevens
We asked guests for the most important piece of advice that they’d share with folks early in their venture career.
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.
Want to keep up to date with The Full Ratchet? Follow us on social.
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 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 Ted sides of capital allocators. Ted, if you could share one piece of advice with a young, new investor, what would you tell them?
0:45
Figure out investing is so broad and you can express it in so many different ways. Try to figure out what aspect of it you love. Some people don’t really care about businesses and they just want to trade, you know, like a video game trade that’s okay, like, you can go be a trader. You know, some people think that they, or I used to say, back in the day, if you woke up on the wrong side of bed every morning, you should probably be a hedge fund manager, because you have to short stocks. And, you know, like, as you went through Nick like, some people love buying businesses that exist and making them better. Some people get more excited by the new thing leads to venture capital. And so there’s so many different ways of expressing this idea of investing capital, to try to understand at a beyond, like, oh, I want to get rich. I want to be an investor. I think the way to do that is to be a venture capitalist in AI Well, do you love new technologies? Do you love experimenting with like the future? Or you someone who likes trying to analyze what is, and maybe you’re going to be a credit manager, so learning a little more about what actually goes into the success in that field, and attaching that to what resonates most for you,
2:03
it’s tricky, right? Because young people today, it takes a while for them to discover their true interests and passions, and then they get thrust into an industry, you know, out of college, and sometimes you can kind of get pigeonholed or, you know, on a path that may not be consistent with what your true kind of professional life’s purpose is. Yeah,
2:29
on today’s special segment, we have rusty Raulston and Jay Patil of swell VC rusty and Jay, if you could share one piece of advice with a young, new investor, what would you tell them? This is
2:41
a good one. We believe VC is sales. You have to embrace it. You know it, you love it, and if you don’t like sales, try a different career. VC, isn’t it? That’s
2:51
true. It’s great.
2:57
On today’s special segment, we have Kevin Stevens of Energize. Kevin, if you could share one piece of advice with a young, new investor, what would you tell them?
3:06
There are a lot of great table stakes advice. I read a lot, read a lot, stay curious. But mine is you have to pick a space. I think picking the game matters just as much as playing it well. And what I mean by that is indexing yourself to a high growth space is the best thing you can do for your career. I unknowingly joined the renewables, clean tech space in 2008 2009 and I made a lot of mistakes along the way, and I continue to make a lot of mistakes. But the fact is, our space is growing so well, and the interest is just so high that you get pulled by the momentum. And so if I were starting my career today, I’d be looking for that, because it makes things much more forgiving
3:47
perfect.
3:53
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.
