In this week's episode, Nick Moran, the Founder and General Partner at New Stack Ventures, shares his insights into his firm’s focus: investing in outsiders. Nick gives authentic examples, explains what he looks for in founders and why it’s different from other Silicon Valley venture capital firms.

In this episode, you will learn:

[2:23] Getting into venture capital as an outsider

[6:05] Why having creative insights is more important than building the standard Silicon Valley profile to attract investors

[10:07] Is commitment to the problem combined with flexibility to customers’ needs the sure-shot to startup success?

[23:21] How can founders prepare for the first meeting with New Stack Ventures?

Non-profit that Nick is passionate about: Wounded Warriors Project

About Guest Speaker

Nick Moran is the Founder and General Partner at New Stack Ventures. Nick is a proud supporter and evangelist for early-stage startups that don’t fit the traditional Silicon Valley profile. He has held positions in mergers and acquisitions, strategy, and product management. He also hosts The Full Ratchet, a podcast where he interviews fellow investors and venture capital experts. Nick’s passionate about non-profit organizations affiliated with veteran affairs and helping PTSD veterans.

About New Stack Ventures

New Stack Ventures is a Chicago-based early-stage venture capital firm that invests in 'outsiders' - mission-driven founders with an irrational commitment to their cause regardless of location or circumstance. Its portfolio includes Cybrary, Scope AR, Tovala, Tripscout, Pliant.io, Hologram, Regroup, XILO, Urban Sky, phood, Shotcall, and Fairmarkit.

Next Week’s Episode

Coming up next week Tuesday in Episode 66, we invite a special guest, David Forsberg, Managing Partner at Ascent Energy Ventures, to chat about investing in innovations and imagining a more automated and digital energy industry.

Subscribe to our podcast and stay tuned for our next episode that will drop next Tuesday.

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Balance Commitment to the Vision with Attention to Customers' Needs 28:27 Share

The Sure Shot Entrepreneur

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Balance Commitment to the Vision with Attention to Customers' Needs