This episode of "The Full Ratchet," a podcast about venture capital, features a segment called "Postmortems" where investors discuss failed startups. Willy Schlacks of EquipmentShare recounts a failed karaoke business due to a business partner absconding with funds. Mar Hershenson of PairVC discusses the failure of Washio, an on-demand laundry service, attributing it to unsustainable growth and neglecting unit economics. Rick Zullo of Equal Ventures reflects on his own failures in investing, emphasizing the importance of early talent acquisition to support CEOs. The podcast includes advertisements for Ramp, a spend management platform.
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