Charles HudsonFounder and Managing Partner, Precursor Ventures

Should founders prioritize speed over relationships when closing a round?

18 Oct 2025 · 0 min

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A short transcript excerpt from Charles Hudson discussing first-time founders' priorities when closing an investment round. Hudson observes that once founders find committed investors, they often prioritize closing quickly over thoroughly engaging their broader network or managing every relationship.

What you said is really true, especially with our first time founders. I think once you find your true believers, the focus almost immediately shifts to how do I get this round done as quickly as possible? Not how do I do the most complete, thorough job of making sure I reach out to and touch base with every single person in my network who might want to invest is usually like, I have a term sheet and a lead. I want to close and I want to close. That's my priority. It's not to make sure that I like manage every relationship and every conversation.