Charles HudsonFounder and Managing Partner, Precursor Ventures

The Challenges of Fund Management #venturecapital #investing #founder

25 Mar 2025 · 0 min

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Short excerpt from a YouTube video (Charles Hudson, recorded Mar 25, 2025) arguing that fund management consists of three core responsibilities—investing, fundraising, and running the fund—and that many founders/operators who enjoy investing dislike the fundraising and operational aspects; successful fund managers must do all three.

And I think what a lot of people realize is the investing part of the fund manager job is only one third of what you have to do. You have to fundraise, then you have to actually run the fund. And what I've seen is a lot of people who started operator funds on the side or wanted to try their hand at fund management quickly realized they like angel investing and the capital deployment side of the business. They did not like the fundraising or fund management side of the business. And it's a bundle. You have to do all three.