185. "Blessed" Teams, Pseudo Deal Leads, and Caps at Pre vs Post (Ash Rust)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · May 1, 2019 · 46m

Ash Rust of Sterling Road joins Nick to discuss "Blessed" Teams, Pseudo Deal Leads, and Caps at Pre vs Post. In this episode, we cover:

His beginnings in tech and how that led to starting the fund

What's the investment thesis at Sterling Road?

What's unique about your approach that other firms aren't doing?

Something that I think is frustrating for many founders is seeing these idealistic stories of founders that are raising $5M on a $20M cap with zero traction. And, it's also misleading in that I have a number of founders that think they need to be raising a lot more than they are... very…