Jonny Boyarsky
Managing Partner · Ricochet Capital
Check $250K–$2M
SEED
SERIES A
AI
Fintech
Consumer
Marketplaces
SaaS
Healthtech
Climate
Edtech
Hardware
Enterprise
Investment thesis
Ricochet Capital invests in 'almost-yes' deals: high-quality startups that reached the due diligence stage at leading VC funds but were passed for reasons like portfolio conflicts, timing, partner politics, or IC dynamics. They aim to be the hedge against other funds' bias, taking a contrarian stance in the same asset class.
Communication style
Direct, data-driven, and contrarian. They emphasize a systematic approach to venture capital, highlighting the flaws in traditional VC decision-making.
Red flags
- •Startups that have not been vetted by top-tier funds
- •Businesses with fundamental problems
- •Deals that are passed for fundamental reasons
- •Hype-driven or feeling-based investments
Signature questions
- 1.Why did the top-tier fund pass on this deal?
- 2.What are the non-fundamental reasons for the pass?
- 3.How has this company been validated by industry experts?
- 4.What is the potential for meaningful ownership at this valuation?
- 5.How does this fit into our contrarian thesis?
Claimed & calibrated. This persona has been claimed and calibrated by the real investor at Ricochet Capital. The thesis, red flags, signature questions, and evaluation criteria are theirs.