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  1. The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
  2. Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)
Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Jan 12, 2026

Veteran VCs reveal their top philosophy shift: focusing less on markets and more on identifying and backing truly exceptional founders.

Flybridge's Jeff Busgang Finds His Best Founders Are the Slowest to Respond

The most exceptional founders are so intensely focused on building their business that they deprioritize non-critical communication, even with investors. Their slow response time is a counter-intuitive signal of extreme dedication and focus, not disrespect.

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson) thumbnail

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·a month ago

645 Ventures Bets on Market Growth Rate, Not Just Current Market Size

Early-stage investors shouldn't be deterred by a small current market size. The key is assessing the potential for rapid growth and future scale. Many massive companies emerged from markets that initially appeared small, proving that market creation and expansion are critical variables.

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson) thumbnail

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·a month ago

Precursor Ventures Funds Exceptional Founders Before They Have a Final Idea

Precursor Ventures makes "directional people bets" by investing smaller checks ($150-250K) in top-tier founders to fund their search for a viable business concept. This strategy prioritizes founder quality over the initial idea, recognizing that great founders can pivot to find product-market fit.

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson) thumbnail

Investor Stories 452: Raising the Bar on Founders, What 100x Looks Like in Practice, and Why People Matter More Than Ever (Bussgang, Okike, Hudson)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·a month ago