Nothing Ventured

Aarish Shah - EmergeONE

In conversation with the people who make the start-up world go round. Join Aarish Shah as he talks to founders, investors, and operators across the tech and venture ecosystem exploring some of the lesser-heard stories and challenges they've faced as they try to build the future.https://nothingventured.tech/Follow Nothing Ventured on socialTwitter https://twitter.com/NVPodFacbook https://www.facebook.com/NothingVenturedPodTikTok https://www.tiktok.com/@nothingventuredpodInstagram https://www.instagram.com/nothingventuredpod/

  1. 2D AGO

    What's With Web3?

    Web3 didn’t disappear — it just stopped shouting. In this live anniversary episode of Nothing Ventured, we go inside Web3 Demo Day in London, where founders, investors, and operators come together to pitch, debate, and build what’s next — without the hype. You’ll hear directly from: - Early-stage Web3 and blockchain founders - Angel investors and VCs backing the next wave - Ecosystem leaders working across crypto, AI, and emerging tech We talk fundraising realities, why Web3 lost the narrative, how blockchain is quietly powering real use cases, and what founders actually need to focus on in 2026. This isn’t a studio podcast it’s live conversations, real energy, and honest insights from the floor. Timestamps: 00:00 Live at Web3 Demo Day (Intro) 01:48 Why Web3 Demo Day exists 06:26 Solana & Superteam UK 13:19 Is crypto back? Investor perspective 20:44 Investing in Africa & global scale 30:01 Founder failures, timing & sales 38:04 Building a Web3 operating system 42:26 On-chain savings & the future of DeFi Guests: Lorae Knight Cap Solana Superteam UK Samir Ceric Ceric & Co. Afzaal Mauthoor BridgCapital Dan Ballin Ideas Crucible Kristian Poliszczuk Volta Ravi Shah Blueprint Arsim Shillov Libraro Ronald Loh Wirex This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    55 min
  2. JAN 29

    Venture Isn’t Back It’s Adjusted

    January 2026 didn’t bring a reset it brought confirmation. Venture feels calmer. Capital is deploying. Deals are getting done. IPOs and exits are being discussed out loud again. But calm doesn’t mean normal and it definitely doesn’t mean safe. In this 20-minute Nothing Ventured monthly review, we break down what January actually revealed about how venture will behave in 2026 — not how people hope it will. We cover: -Why this calm feels more like resignation than relief -How capital has adapted after 2022–25 — and where the scars still show --AI’s real January story: violent concentration at the top, pressure everywhere else -What xAI, Humans& and Emergent tell us about where value is really forming -Why the Brex–Capital One deal is one of the most honest exits we’ve seen in years -What early-stage funding looks like now that the market is functional again -Europe’s ambition problem and the question no one wants to answer January didn’t restart the venture flywheel. But it did make one thing clear: this is a narrower market, with bigger rewards at the top and far less tolerance everywhere else. I’m Aarish. This is Nothing Ventured News. And as always stay liquid. This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    13 min
  3. JAN 22

    The Decision That Made DocuSign Inevitable | Court Lorenzini

    There are fewer than 400 public tech companies worth over $10 billion. DocuSign is one of them — but its success wasn’t driven by flashy tech or perfect timing. In this episode, DocuSign founder Court Lorenzini breaks down the non-obvious decisions that actually bent the curve: • Why pricing and packaging mattered more than product features • How competing with FedEx and fax machines shaped DocuSign’s business model • The legal roadblock that almost stopped adoption — and the unconventional solution • Why focus beats scale in the early days • The real reason most venture-scale companies fail (hint: it’s the founders) We also dive into Founder Nexus — Tom’s answer to repeat founder failure modes — and why shared experience, not advice, is the real unlock for building enduring companies. This is a masterclass in decision-making, positioning, and surviving the brutal realities of venture-scale entrepreneurship. Timestamps: 00:00 – Why DocuSign Matters 05:20 – The Decision That Bent the Curve 11:00 – Competing With Fax & FedEx 17:40 – The Legal Problem That Almost Killed Adoption 24:30 – The Microsoft Moment 29:10 – Why Real Estate Was the Beachhead 35:45 – Why Most Startups Actually Fail 41:50 – The Success Equation 48:30 – Founder Nexus & Shared Scar Tissue 54:40 – The Contrarian Take on Education & AI Find Court Lorenzini online at: LinkedIn: https://www.linkedin.com/in/court-lorenzini-333447/ Twitter: https://x.com/FounderNexus FounderNexus: https://foundernexus.com This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    1 hr
  4. JAN 15

    We Need More Mafias in European Tech | Florian Gottschaller

    One of the biggest mistakes in investing isn’t bad judgment — it’s outdated thinking. Early on, many didn’t understand platform businesses. They underestimated how fast they scale, how powerful networks become, and how value compounds. From passing on Facebook… to becoming Uber’s biggest investor. The lesson? Before you invest in the future, you have to unlearn the past. Don’t underestimate platform business models — they change everything. Timestamps: 00:00 – Introduction & episode overview 02:27 – How Super Angels thinks about quality control 03:48 – Why great early-stage decisions still fail 05:06 – Escaping your own investment “bubble” 06:22 – Power laws, probability & why volume matters in VC 09:22 – Handling competing deals & replacing angels 11:12 – Why there are fewer than 100 real super angels in Germany 15:37 – How tax incentives distort investment decisions 19:37 – What “top 10%” really means for Fund II 22:25 – Why doubling down on winners beats diversification dogma 25:31 – Timing follow-on investments & conviction building 30:21 – Europe’s real bottleneck isn’t regulation — it’s culture 33:15 – Why Europe loses its best companies to the US 35:42 – Risk aversion, civil servants & economic stagnation 45:49 – Contrarian opinion: why “more is more” 49:54 – What moves Florian emotionally 53:24 – Where to find Florian & Super Angels Find Florian Gottschaller online at: LinkedIn: https://www.linkedin.com/in/florian-gottschaller/ Twitter: https://x.com/MetroF Superangels: https://super-angels.eu This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    54 min
  5. JAN 8

    Alok Sama: On why Masa Son is easy to admire but impossible to emulate

    What does it really mean to live in the future as an investor? In this episode, we go inside SoftBank, the Vision Fund, and the mind of Masayoshi Son with someone who was there for the biggest bets — the wins, the losses, and the lessons. We unpack: - Why SoftBank’s biggest mistakes weren’t wrong — just too early - How AI is reshaping venture capital, infrastructure, and distribution - Why timing matters more than brilliance in tech investing - The difference between narratives vs numbers in early-stage bets - Why most AI value may flow to hyperscalers — not startups - The illusion of control in careers, capital allocation, and life This is not hype. This is a grounded, insider conversation about AI, capital, ambition, hubris, and serendipity. 🎙️ If you care about venture capital, AI, or how massive bets actually get made — this one’s for you. Timestamps: 00:00 Inside SoftBank 02:30 Genius or Hubris? 05:00 The Vision Fund Explained 07:30 WeWork & Too Much Capital 10:00 AI & Capital Concentration 13:30 Narrative vs Numbers 17:00 Who Really Wins AI? 21:00 Is AI Truly Transformational? 26:00 The Illusion of Control 30:00 Why Passion Is Bad Advice 34:30 Creativity vs AI 39:00 Final Lessons Find [guest name] online at: LinkedIn: https://www.linkedin.com/in/aloksama/ Twitter: https://x.com/alok_sama The Money Trap: https://aloksama.com/ This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    57 min
  6. 12/18/2025

    Why 2025 Ended Easy Money | Aarish Shah

    2025 wasn’t a recovery year, it was a reckoning. Venture capital didn’t bounce back. It split clean in two. In this year-end episode of Nothing Ventured, Aarish breaks down The Great Bifurcation — the moment the market decided who matters and who doesn’t. From the collapse of AI wrappers like Builder.ai, to $30B valuations with no product. From biology quietly raising billions in London, to defence, energy, and sovereign infrastructure becoming the only safe harbours. From Europe’s talent paradox to why a SpaceX IPO could restart the entire venture flywheel. This episode covers: - Why 2025 killed the “fake it till you make it” era - The AI split: gods vs mortals - The biology boom nobody is talking about - Defence, energy, and the rise of the sovereignty stack - Europe’s capital problem (and why exits keep moving to the US) - Why SpaceX’s IPO may unlock liquidity for everyone in 2026 2025 ended easy money. 2026 will reward important money. 🎙️ If you’re a founder, investor, operator, or LP — this is the map of where venture actually is now. #venturecapital #startups #ai #biotech #defencetech #europe #tech2025 #nothingventured This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    19 min
  7. 12/11/2025

    The AI Bubble No One Wants to Admit | Emmet King

    In this deep-dive season closer, Aarish sits down with Emmet King to unpack the real state of AI, venture, and the hidden strengths of the Nordic ecosystem. They explore why Scandinavia punches far above its weight, where the AI bubble will burst first, why distribution beats innovation, and what it actually takes for an application-layer AI startup to survive 2026. From trust, data moats and workflow depth, to manufacturing intelligence, robotics, and the limits of context—this conversation goes way beyond the hype. Emmett also reveals his most contrarian belief as a tech investor, and what genuinely moves him in life. Timestamps: 00:00 – Intro & Why the Nordics Punch Above Their Weight 08:00 – Europe’s Culture Shift: Ambition, Failure & Jante 14:00 – The AI Bubble & Where the Reset Starts 19:40 – What AI Apps Must Have to Survive 2026 27:00 – Hardware, Sensors & Industrial AI’s Next Frontier 44:45 – What Dies, What Consolidates & What Wins in AI 53:00 – Emmett’s Contrarian Take & What Moves Him Emotionally Find Emmet King online at: LinkedIn: https://www.linkedin.com/in/emmetking/ Twitter: https://x.com/J12Ventures J12 Ventures: https://www.j12ventures.com/ This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B. Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/ Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    1h 1m

About

In conversation with the people who make the start-up world go round. Join Aarish Shah as he talks to founders, investors, and operators across the tech and venture ecosystem exploring some of the lesser-heard stories and challenges they've faced as they try to build the future.https://nothingventured.tech/Follow Nothing Ventured on socialTwitter https://twitter.com/NVPodFacbook https://www.facebook.com/NothingVenturedPodTikTok https://www.tiktok.com/@nothingventuredpodInstagram https://www.instagram.com/nothingventuredpod/