Charles HudsonFounder and Managing Partner, Precursor Ventures

Should 'good enough' be the new startup success metric?

21 Jun 2025 · 0 min

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Short excerpt from a June 21, 2025 YouTube conversation (Charles Hudson et al.) discussing whether 'good enough' should be used as a startup success metric and what advice to give companies that do not or should not raise a Series A. Participants highlight the missing playbook for non-Series-A paths and emphasize pricing/valuation as a critical consideration.

Just saying assume we can't meaningfully improve our graduation above wherever it is, it'll be better than average because we're better than average. The real question is, what advice and guidance do we give to the companies that don't or shouldn't raise the Series A? Those playbooks haven't been written yet.
It goes back to our conversations last week of that's why price always comes up as being so important. Because if this is going to be a rise, like coming in as low as possible or where it feels fair is actually very important.