Investor Stories Investor Stories 66: Why I Passed (Mougayar, Mohnot, Cowan) On this special segment of The Full Ratchet, the following investors are featured: William Mougayar Sheel Mohnot David Cowan Each investor highlights a situation where they decided not to invest, why they passed, and how it played out. FULL TRANSCRIPT *Please excuse any errors in the below transcript