ACQ2 by Acquired

Everything you need to know about Pre-Seed (with Charles Hudson of Precursor Ventures)

Mar 24, 2020

Charles Hudson, the dynamic founder of Precursor Ventures, shares his journey of navigating the emerging realm of pre-seed investing. He discusses the evolution of funding rounds below a million and the challenges founders face in this landscape. Hudson emphasizes the importance of professional signals in venture success and highlights his unique approach to evaluating investments. He also reveals insights on building diverse teams and maintaining strong relationships in venture capital while adapting to current trends. A must-listen for aspiring entrepreneurs!

01:14:05

Creator website

Episode guests

Charles Hudson

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Episode notes

Intro

3min

Navigating Pre-Seed Investment Challenges

14min

Streamlining Compliance and the Value of Professional Signals

3min

Navigating Pre-Seed Investments

29min

Navigating the Pre-Seed Venture Landscape

16min

Navigating Venture Capital Trends and Founder Relationships

5min

Redefining Venture Capital Hiring: Embracing Diverse Backgrounds

3min

Charles Hudson of Precursor Ventures joins us to illuminate everything Pre-Seed -- not just what it is and how founders/companies should navigate it, but also and more deeply:

How he came into this corner of the venture world
How he started Precursor as a solo GP and raised his first/subsequent funds, and what that journey was like
How he manages the firm, its overall strategy, and especially portfolio construction within this relatively new asset class (spoiler: it's different!)

Sponsors:

Statsig: https://bit.ly/acquiredstatsig24

Note: we recorded this episode in the days right before it became clear that the coronavirus was going to become a major global crisis. While the world has obviously changed since, nothing in this episode is fundamentally different and -- if anything -- Pre-Seed rounds are going to be more relevant for entrepreneurs and investors going forward as valuations and check-sizes contract. We hope you enjoy and find the discussion as useful and illuminating as we did!