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  1. The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
  2. Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)
Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Oct 13, 2025

Top VCs reveal how their playbooks evolved, shifting from analysis to intuition and backing disruptive 'outsider' founders with rare greatness.

Bain Capital VC: Investment Conviction Evolves From Analysis to Intuition

Experienced VCs may transition from rigid analytical frameworks to an intuitive search for outliers. Instead of asking if a business plan 'makes sense,' they look for unusual qualities that challenge their worldview and hint at massive potential.

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples) thumbnail

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·4 months ago

Outsider Founders Create Exponential Disruption, Not Just Domain Experts

While domain experts are great at creating incremental improvements, true exponential disruption often comes from founders outside an industry. Their fresh perspective allows them to challenge core assumptions and apply learnings from other fields.

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples) thumbnail

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·4 months ago

Floodgate's Mike Maples: True Founder 'Greatness' Trumps All Due Diligence

Top VCs' biggest regrets come from passing on genuinely 'great' founders over solvable diligence issues. Mike Maples Jr. advises that when you encounter this rare trait, you should invest immediately, even if the business model is unclear.

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples) thumbnail

Investor Stories 433. The Art of Sensing Greatness, From Analytical to Intuitive Investing, and the Case for Industry Outsiders  (Hsieh, Hilaly, Maples)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified·4 months ago