Precursor Ventures’ Charles Hudson on ‘the conversation no one has during an upmarket’
https://techcrunch.com/2020/04/24/precursor-ventures-charles-hudson-on-the-conversation-no-one-has-during-an-upmarket/
For pre-seed startups, precarious times are baseline until they secure their first customer, first hire and first check. But no matter how built-in turbulence might be for a pre-seed founder, we’re entering a period where stresses are amplified and outlooks are unpredictable.
In light of the new market conditions, a harder fundraising market and slower expected growth, Charles Hudson (founder and general partner of Precursor Ventures) is urging his portfolio companies to reassess their futures with a refreshingly human question: “Are you excited and prepared to run this company for the next two years?
Precursor Ventures’ Charles Hudson on ‘the conversation no one has during an upmarket’
Apr 24, 2020, 11:21pm UTC
https://techcrunch.com/2020/04/24/precursor-ventures-charles-hudson-on-the-conversation-no-one-has-during-an-upmarket/
> For pre-seed startups, precarious times are baseline until they secure their first customer, first hire and first check. But no matter how built-in turbulence might be for a pre-seed founder, we’re entering a period where stresses are amplified and outlooks are unpredictable.
> In light of the new market conditions, a harder fundraising market and slower expected growth, Charles Hudson (founder and general partner of Precursor Ventures) is urging his portfolio companies to reassess their futures with a refreshingly human question: “Are you excited and prepared to run this company for the next two years?