• 5 minutes 42 seconds
    Investor Stories 492: Best Questions from Grant Emery, Ben Black, and Glenn Solomon: Market Truths, Enduring Value, and Founder Conviction (Demaree, Black, Solomon)

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

    • Grant Demaree of Onebrief
    • Ben Black of Akkadian Ventures
    • Glenn Solomon of Notable Capital

    We asked guests to share the best question they've ever been asked by an allocator.

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    10 September 2026, 2:31 pm
  • 5 minutes 57 seconds
    Investor Stories 491: What Visionary Leaders at Jackpocket, Vercel, and Microsoft Do Differently(Peter Davis, Solomon, Vaidya)

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

    • Mark Peter Davis of Interplay
    • Glenn Solomon of Notable Capital
    • Vivek Vaidya of super{set}

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    3 September 2026, 12:21 pm
  • 44 minutes 1 second
    516. AI Cost Structures and Pricing, Proprietary Data Sets That Create Moats, and a Clear Method for Determining Which Problem to Solve First (Vivek Vaidya)

    Vivek Vaidya of super{set} joins Nick to discuss AI Cost Structures and Pricing, Proprietary Data Sets That Create Moats, and a Clear Method for Determining Which Problem to Solve First. In this episode we cover:

    • Challenges and Considerations in Selling Companies
    • Building Companies and the Importance of Selling Ahead
    • Navigating AI-Native Products and Cost Structures
    • Valuation and Pricing of AI Companies
    • Data as a Moat in the AI Era
    • Distinguishing Between Frontier Labs and Startups
    • Open Source and Data Security in AI Products

    Guest Links:

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    31 August 2026, 8:00 am
  • 6 minutes 30 seconds
    Investor Stories 490: Investors from Volition, Acadian Ventures, and Interplay Ventures on Building Competence, Operating Experience, and Investing with Purpose (Cheng, Black, Peter Davis)

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

    • Larry Cheng of Volition Capital
    • Ben Black of Akkadian Ventures and Powerlaw Corp
    • Mark Peter Davis of Interplay

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    27 August 2026, 8:00 am
  • 5 minutes 8 seconds
    Investor Stories 489: Missing Airbnb, Zocdoc, and Prediction Markets — Lessons from the Deals Investors Passed On (Demaree, Peter Davis, Solomon)

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

    • Grant Demaree of Onebrief
    • Mark Peter Davis of Interplay
    • Glenn Solomon of Notable Capital

    Each investor highlights a situation where they decided not to invest, why they passed, and how it played out.

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    20 August 2026, 8:00 am
  • 1 hour 1 minute
    515. 3 Multi-Billion-Dollar Exits in 1 Year, Lessons from Airbnb, HashiCorp, Slack, and Square, The VC Case for Staying Small, and the Battle Between Open-Weight vs. Closed Models (Glenn Solomon)

    Glenn Solomon of Notable Capital joins Nick to discuss 3 Multi-Billion-Dollar Exits in 1 Year, Lessons from Airbnb, HashiCorp, Slack, and Square, The VC Case for Staying Small, and the Battle Between Open-Weight vs. Closed Models. In this episode we cover:

    • Identifying Unique Investment Opportunities
    • The Impact of Fund Size on Investment Strategy
    • Challenges of Overfunding and Market Dynamics
    • Growth and Real Success in the AI Era
    • The Role of Hyperscalers and Frontier Labs
    • Public Market Sentiment and IPO Considerations
    • Future of Venture Capital and Notable's Strategy
    • Investing in Anthropic and Market Dynamics

    Guest Links:

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    17 August 2026, 8:00 am
  • 6 minutes 57 seconds
    Investor Stories 488: Losing Conviction, Overpaying for Discounts, and Selling Too Early — Lessons from Volition, Acadian, and Interplay (Cheng, Black, Peter Davis)

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

    • Larry Cheng of Volition Capital
    • Ben Black of Akkadian Ventures and Powerlaw Corp
    • Mark Peter Davis of Interplay

    We asked guests to tell the most important lesson they've learned in their 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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    13 August 2026, 2:32 pm
  • 8 minutes 36 seconds
    Investor Stories 487: Legal Battles, Founder Fraud, and High-Stakes Conflict — Lessons from Investors at Acadian Ventures, Interplay Ventures, and OneBrief (Demaree, Black, Peter Davis)

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

    • Grant Demaree of Onebrief

    • Ben Black of Akkadian Ventures Powerlaw Corp

    • Mark Peter Davis of Interplay

    We discuss major conflicts that guests have faced and how they resolved them.

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    6 August 2026, 8:00 am
  • 48 minutes 23 seconds
    514. AI's Effect on the Demand Curve, Investing in Durable Barriers, Large Cap vs. Small Cap Seed Deals, and Building an Internal AI Machine (Mark Peter Davis)

    Mark Peter Davis of Interplay joins Nick to discuss AI's Effect on the Demand Curve, Investing in Durable Barriers, Large Cap vs. Small Cap Seed Deals, and Building an Internal AI Machine. In this episode we cover:

    • AI's Role in Interplay's Operations
    • Investment Strategy and Early Signals
    • Impact of AI on Software and Venture Capital
    • Job Displacement and New Opportunities
    • Barriers and Durability in Software Companies
    • Challenges for Traditional Growth Companies
    • AI Native Services and Market Segmentation

    Guest Links:

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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

    3 August 2026, 8:00 am
  • 8 minutes 44 seconds
    Investor Stories 486: The Traits of Visionary Founders: Ecosystem-Scale Thinking, Data-Driven Truth-Seeking, and Relentless Customer Experience Design (Blank, Demaree, Cheng)

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

    • Steve Blank of the Gordian Knot Center for National Security Innovation
    • Grant Demaree of Onebrief
    • Larry Cheng of Volition Capital

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    30 July 2026, 11:03 am
  • 6 minutes 57 seconds
    Investor Stories 485: Inside VC Anti-Portfolios: Missing Whatnot, Facebook & MongoDB (Dillon, Cheng, Black)

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

    • Natalie Dillon of Maveron
    • Larry Cheng of Volition Capital
    • Ben Black of Akkadian Ventures and Powerlaw Corp

    Each investor highlights a situation where they decided not to invest, why they passed, and how it played out.

    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.

    We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

    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.

    23 July 2026, 8:17 am
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