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The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

518. The Power of Founder Mafias, Why Venture is Bifurcating, and Lessons from Good Strategy, Bad Strategy (Ross Fubini and Manish Patel)

Sep 28, 2026 · 55m

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About this episode

Ross Fubini and Manish Patel of XYZ Venture Capital joins Nick to discuss The Power of Founder Mafias, Why Venture is Bifurcating, and Lessons from Good Strategy, Bad Strategy. In this episode we cover: The Palantir Mafia Culture Comparing Ramp and Palantir Cultures Building Successful Partnerships Google Alumni vs Palantir Alumni Navigating AI Trends and Value Underwriting Future Successes The Evolution of Venture Capital Firms Guest Links : Ross's LinkedIn Ross's X Manish's LinkedIn XYZ's LinkedIn XYZ'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. We're proud to partner with…