Charles Hudson

Partner at SoftTech VC

THIS CHAT HAPPENED ON January 20, 2016

Discussion

Charles Hudson@chudson · Managing Partner, Precursor Ventures
Hi - I'm Charles Hudson, Managing Partner of Precursor Ventures and Venture Partner at SoftTech VC. I've been both a founder and an investor multiple times in my career and I'm happy to talk about investing and entrepreneurship. Very glad you could join me - ask me anything!
Preet@preetnation · BlueLight, also enjoy QS and Parkour
Excited to be the first question! You've solved an interesting paradox: you have very independent opinions and yet everyone seems to like you. What can you share with founders about managing their reputations in the small world of tech?
Harry Stebbings@harrystebbings · Podcast Host @ The Twenty Minute VC
@chudson thanks so much for joining us today. Huge fan of yours and amazing to hear your journey from @bandrew in our interview with him last year! I would love to hear how you differentiate yourself as a seed investor in a sea of seed funds and whether you believe it is the branding of the VC fund or the VC themselves which is more important. Would be huge honour to have you on @twentyminutevc how does that sound?
Cuan-Chai Megghross@iamcuan · Angel Investor, Brainyloft
@chudson What advice would you give to entrepreneurs of color?
Zach Cmiel@zach_cmiel · CEO, PoKoBros
Hello! How do you consume your news?? If Twitter, who do you follow??
Lejla Bajgoric@lejlahunts · Intern, Product Hunt
Thanks for being here Charles! How do you manage stress in such a fast pace, intensive work field?
Luis Borges Quina@quinaluis · CEO @ottspott_co. Co-Founder @apidaze
@chudson Hi Charles and thanks for the chat. What main trends do you see for 2016 in software ?
Charles Kunene@charles_kunene · Co-founder & Product Designer @Obaa
What do VC's mean when they say that a venture is too early or risky?
Charles Kunene@charles_kunene · Co-founder & Product Designer @Obaa
Which steps in the funding process, from sourcing a deal to due diligence, can be further optimized to run in tandem with a startup's pace?
Cuan-Chai Megghross@iamcuan · Angel Investor, Brainyloft
@chudson What are some of the best start ups you missed the mark on by not investing? And which ones did you get right?
Cuan-Chai Megghross@iamcuan · Angel Investor, Brainyloft
@chudson Do you consider medical marijuana start ups health-tech? And have you invested in any?
Alex Rodriguez@headhanchoarod · Founder/CEO at WorkMand & Code2040 EIR
@chudson Best advice to an entrepreneur of color who wants to become a VC one day.
Alex Rodriguez@headhanchoarod · Founder/CEO at WorkMand & Code2040 EIR
Hey Charles, Thanks for doing this live chat. I have a few questions I'd love to hear you answer. 1.) What's your best advice to an entrepreneur of color on launching and building a startup? Especially if they're bootstrapping to traction before raising money? 2.) Best advice for a person of color who wants to become a VC one day. Is it better to be an entrepreneur first, than angel invest or work a different path to get to the VC level? 3.) How can we make other startup communities more diverse? 4.) What do you look for when investing in someone? Thanks and keep doing what you're doing! Huge fan.
Sean Green@disruptart · Founder, ARTERNAL
@chudson thanks for doing this today. We're thinking of raising a round and I'd love your perspective on prep work required, how to focus my energies re investors in the B2B/SaaS space and as I look for introductions, what's your advice on when to set your open date and close date of the round? How do you best meet your goal? What does Precursor Ventures invest in? I ran into you at arena vc and didn't get to say hi when you were in LA and would love to connect. Brad Feld has mentioned you to me before and would be great to chat. All the best!
V Saket Ram@vsaketram · trbble
@chudson Is there any advice you would give to startups in the music domain? Also , which genre of music do you prefer?
Arpit Gupta@arpitgupta · Product Manager
@chudson What are your favorite tech and non-tech conferences that you like to attend?
Noah Tovares@noahtovares · Zenrez
Hey Charles! What's the biggest positive indicator you see for seed stage companies? If you need an example company you can use Zenrez :)
Emily Hodgins@ems_hodge · Operations @ Product Hunt
@chudson What has been the biggest challenge during your career that you've had to overcome - and how did you do it?
Charles Kunene@charles_kunene · Co-founder & Product Designer @Obaa
Armed with the knowledge that most startups fail, how does SoftTech evaluate its potential deals to increase their chances of success?
Charles Kunene@charles_kunene · Co-founder & Product Designer @Obaa
Although each VC has an overall investment strategy or thesis, is there a theme that is set at the beginning of the year (based on lessons from the previous year) that articulates which technologies you're excited in investing in, and which markets pique your interest the most?