483. AI Revenue-Model Transformation, Building an AI Moat, and The Arrival of Agents (Medha Agarwal)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · May 19, 2025 · 40m

Medha Agarwal of Defy joins Nick to discuss AI Revenue-Model Transformation, Building an AI Moat, and The Arrival of Agents. In this episode we cover:

Revenue Models and Business Models in AI-Driven Vertical Software

Challenges and Opportunities in Vertical Software

Defensibility and Market Differentiation

Founder-Investor Relationships and Early Decision-Making

Sourcing Top-Tier Talent and Seed Investing Trends

Future of Work and AI's Impact

Guest Links:

Medha's LinkedIn

Medha's X

Defy's LinkedIn

Defy's Website

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture…