Investor Stories 475: What Makes Founders Exceptional, Navigating Complex Ethical Issues, and Building with Intensity (Ortlieb, Ulevitch, Saper)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · May 14, 2026 · 5m

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

Ben Orthlieb of Blue Moon

David Ulevitch of Andreessen Horowitz

Jake Saper of Emergence Capital

We asked guests to discuss the most visionary founder that they've worked with and what makes them so special.

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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