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

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Sep 28, 2026 · 55m

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…