Investor Stories 497: Passing on Snapchat, Canva, and Hugging Face: The Rules of Thumb That Cost VCs Billions (Vaidya, Fubini and Patel, Rosenbloom)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Oct 15, 2026 · 4m

On this special segment of The Full Ratchet, the following Investors are featured:

Vivek Vaidya of super{set}

Ross Fubini and Manish Patel of XYZ Venture Capital

Micah Rosenbloom of Founder Collective

Each investor highlights a situation where they decided not to invest, why they passed, and how it played out.

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.

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