Investor Stories 409: Key Advice (Terbell and Clark, Schilling, Abel)

This episode of TFR is brought to you by Ramp, the spend management platform we use here at TFR. They're offering listeners a $150 just to take a demo. We've never had an offer quite like this. Claim your $150 before this offer is gone at our partner link, ramp.com/partner/tfr. And this episode of TFR is brought to you by the American Arbitration Association, where smart startups and investors turn to for fast, efficient, and cost effective dispute resolution. Visit adr.org/tfr to learn more. Welcome to the podcast about venture capital, where investors and founders alike can learn how VCs make decisions and reach conviction. Your host is Nick Moran, and this is the full ratchet. Welcome back to TFR. On today's special segment, we ask guests for the most important piece of advice that they'd share with folks early in their venture career. Here's the segment called key advice. On today's special segment, we have Ted Clark and John Turbell of ForeBridge Partners. Ted and John, if you could share one piece of advice with a young new investor, what would you tell them? I would tell them that this is an apprentice business, and you need to find either a team or a person that will give you the opportunity to get reps. We run into so many investors today that have run a million research papers, and they've hunted down a ton of due diligence calls. They've done one piece or this piece, but getting the reps of doing a deal and having the experience from start to finish, whether it's investing in funds or a company or bonds, whatever it is, full deal reps is optimized for the opportunity to be able to to practice that. And I would add to that generationally, in person reps. That sounds old fashioned, but so many of the young folks today wanna be remote. And I think the best ones in the future will have engaged more in person with their partners, colleagues, entrepreneurs, service providers, whatever. Face to face reps matter. Couldn't agree more. On today's special segment, we have Matthias Schilling of Headline. Matthias, if you could share one piece of advice with a young new investor, what would you tell them? You know, If you wanna enter this business, you have to be obsessed. You know, I always say we look for animals. It's a strange description, but you have to you have to be led by complete, you know, natural curiosity. You have to want to meet all the founders. You have to want to hear all the ideas. It's a full time job and more. I mean, it really it it drives your life. And, you know, this is not a business to make the quick buck. It doesn't. It takes a long time. It's an incredibly rewarding business because, you know, you have access to the most amazing paid people. You actually get to build these relationships, you know, through ups and downs. …