513. Opening Late-Stage Venture to Everyone, Beating 10-Year Lockups, Why Logos Don't Equal Alpha, and Building Power Law as a Public VC Fund (Ben Black)

The Full Ratchet (TFR): Venture Capital and Startup Investing DemystifiedMonday, July 20, 2026

Show Notes

Ben Black of Co-founder & MD of Akkadian Ventures and CIO of Powerlaw Corp joins Nick to discuss Opening Late-Stage Venture to Everyone, Beating 10-Year Lockups, Why Logos Don't Equal Alpha, and Building Power Law as a Public VC Fund. In this episode we cover:

Details of Power Law's Portfolio and Investment Strategy Challenges and Benefits of Power Law Innovation and Evolution in Venture Capital Balancing Demand and Supply in Power Law Regulatory Compliance and Educational Efforts Future of Power Law and Market Positioning

Guest Links:

Ben's LinkedIn Ben's X Powerlaw Corp (PWRL)'s LinkedIn Powerlaw Corp (PWRL)'s Website Akkadian Ventures' Website

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.

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