2 clips
TThe Full Ratchet
Ethan Austin of Outside VC shares a thought-provoking question from an LP that changed his perspective on investment timing. He explores the difference between being an early believer versus investing when deals are more de-risked, revealing his preference for being the first investor who can shape a company's trajectory.
A venture capitalist reflects on missing out on what could have been the best private acquisition in VC history in 2021, explaining why his people-first investment philosophy means he'll likely repeat similar mistakes. He discusses the tension between maximizing returns and supporting entrepreneurs' decisions, even when it costs millions.