E108: What is the Future of Venture Capital? w/Charles Hudson
Charles Hudson, Managing Partner at Precursor Ventures sits down with David Weisburd to discuss how to support first-time fund managers, innovative strategies for sourcing deals in venture capital and tips for success on building relationships with limited partners.
Key Points
- Investment in pre-seed companies requires a belief in the potential for massive returns, often targeting a 200x gross cash on cash return, which translates to a meaningful net return even after future dilution.
- Charles Hudson emphasizes the importance of backing first-time founders who exhibit a combination of previous startup experience and a strong ability to adapt and learn, rather than solely focusing on repeat founders or those from prestigious backgrounds.
- Being an effective pre-seed investor involves not only identifying promising startups but also providing significant value in areas such as fundraising support and community building, enabling founders to navigate early-stage challenges successfully.
Chapters
0:00 | |
0:21 | |
1:37 | |
3:04 | |
4:54 | |
7:20 | |
9:30 | |
10:50 | |
13:00 | |
14:02 | |
16:03 | |
16:49 | |
18:03 | |
21:08 | |
22:25 | |
24:10 | |
26:05 | |
27:13 | |
29:53 | |
30:01 | |
31:00 | |
34:36 | |
35:22 | |
37:03 | |
38:30 |
Transcript
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