Charles Hudson shares the common mistakes he’s seen after investing in 500+ startups
Charles Hudson has spent more than a decade investing in early-stage startups. As the founder and managing partner at Precursor Ventures, he’s invested in hundreds of companies and has seen massive shifts in the markets that require founders to get creative and do away with the old fundraising playbooks. In this week’s episode of Build Mode, Startup Battlefield lead Isabelle Johannessen talks with Hudson about the headwinds facing early-stage founders today and the most common mistakes founders should avoid in order to get funded.
Optimizing for high valuations over prudent planning
A high valuation doesn’t make sense for every company. While it can garner attention from media and legitimize the company to other investors, founders should be realistic about the expectations they are setting for their company with their valuation and most importantly think about who they’re choosing for their cap table. Is a big check worth working...
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