Investor Stories 471: Missing Great AI Bets, Losing Conviction, and Overweighting Founders — Lessons from Redpoint, a16z, and Outside VC (Effron, Austin, Simpson)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Apr 16, 2026 · 6m

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

Jacob Effron of Redpoint

Ethan Austin of Outside VC

Arianna Simpson of Andreessen Horowitz

We asked guests to tell the most important lesson they've learned in their career.

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 Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

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