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

• Jill Chase
• Eric Boduch
• Mike Whitmire

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.

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.

Casber Wang of Sapphire Ventures joins Nick to discuss How AI Reshapes Distribution Models, What Startups Get Wrong About Product-Led Growth, and the Real Use Case for Agents. In this episode we cover:

• AI's Impact on Business Models and Capital Efficiency
• Defensibility and Product Market Fit
• AI Fatigue and Market Conditions
• Fundraising and Investor Expectations
• Cybersecurity and Competitive Intensity
• AI Agents and Enterprise Value
• Glean's Success in Enterprise Search
• Market Conditions and Investment Strategy

Guest Links:

• Casber’s LinkedIn
• Casber’s Twitter/X
• Sapphire’s LinkedIn
• Sapphire’s Website

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.

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

• Oren Yunger
• Laura Chau
• Jon Terbell and Ted Clark

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.

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.