Invest with New Stack Ventures
$147.8k
Typical Investments
7
Deals Last 12 Months
323
Unique LPs have invested
Note from New Stack Ventures
New Stack has built one of the largest sourcing engines in venture to find non-coastal, breakout successes where others aren't looking. Founding GP, Nick Moran, launched the first Venture Capital podcast, The Full Ratchet, in 2014 resulting in rapid network expansion and an influx of dealflow from non-coastal markets. This led to the founding of New Stack Ventures in 2015. The firm focuses on "Outsiders" -- those that did not attend Stanford, did not work for Google, and do not call the Bay Area home. New Stack believes that category-defining businesses will be built by remarkable people, regardless of location or pedigree.
Team & Background:
--Nick Moran: I most recently worked for Danaher, a $50B+ market cap global conglomerate, in Product Management, Development, Breakthrough Innovation, M&A, and Market Strategy. This experience provided an opportunity to evaluate private companies from a large strategic acquirers' point of view. I also raised capital internally for organic innovation to fund the most disruptive innovation program in their history. I don't simply "like" or "dislike" a company as many investors do. I am committed to using a process of investment filters and criteria which identifies key sources of downside-risk. In the recent past, I have been working to educate myself on the best practices in startup investing. Through interviews with VCs and super-Angels at fullratchet.net I have learned a tremendous amount and have been fortunate to build some great relationships in the process. With a focus on exceptional founders, strong risk-reward profile and continuous improvement of the methodology, my aim is to spend time, effort and capital with the highest potential startups.
Disclosures:
Understand that startup investing is incredibly risky, illiquid, and highly cyclical. You should never allocate more than 2-3% of your assets to this space and you should only invest what you are willing to lose in its entirety. In the best of circumstances, it is likely that the returns will resemble a power law distribution... meaning 1 deal in a portfolio of 30+ may have more $ gains than every other company combined. With this in mind, we observe that the best angels make small bets in a large number of startups rather than a large bet on 1 or 2. Liquidity for even the best investments may be 10+ years out or in some cases never.
Dealflow
Nick will syndicate all direct investments where the founders are willing to offer a significant allocation ($100k+). We will periodically invest separately via angel groups or online platforms.
Jeff is a Managing Partner at CTC Ventures, which has a different FinTech+ focus and separate dealflow than New Stack Ventures.