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Venture Reflections

I mostly write about my reflections on the startup and venture capital ecosystems.

Newsletter · By Charles Hudson · Official site

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Jul 19, 2026
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  1. Issue · Jul 19, 2026

    It's All Pre-Series A Now (opens the original)

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    When I started Precursor in 2014, I made a conscious decision to position our firm by defining pre-seed very specifically so it was clear to founders and others in the ecosystem what a pre-seed round was. In 2014, there was very little consensus on what constituted a pre-seed round, and there was room to help define the category by putting our own definition into the world. We took a fairly strict definition of what a pre-seed round was, narrowly defined by design:Pre-seed rounds were small, typ

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