How to Think About Market Structure

Charles Hudson, founder of Precursor, joins Erik on this episode. It was recorded live as part of an OnDeck Fellowship event.

They discuss:

- How he decides what to invest in.

- Why he says that he is often “looking for good ideas that initially look like bad ideas.”

- Why he has “an allergy to top-down market assessments.”

- How entrepreneurs should think about margins.

- Advice for founders working in frontier tech.

- Whether he invests based on the entrepreneur or on the idea.

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