Charles HudsonFounder and Managing Partner, Precursor Ventures

The Perils of Quitting on a Bad Day #venturecapitalpodcast#founder #siliconvalley #venturecapital

6 Feb 2025 · 0 min

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0:27

Charles Hudson, in a short YouTube podcast-style segment, advises founders not to make quitting decisions on a bad day. He contrasts external perspectives (investors wanting companies to continue to avoid write-downs, others urging toughness) with the founder’s ultimate authority to decide whether to continue or quit.

I'm a big fan of the old saying, never quit on a bad day. Sometimes I talk to people like, you're just having a really bad run. I'm not sure that quitting in this moment is the right decision. Not because you don't have the right to quit, but you might be quitting on a bad day. I've been surprised. We've had some investors who are like, I need this company to keep going because I don't want the write down on my books. We've had other people saying, I think this founder should be tougher and should keep going. And I'm like, at the end of the day, they run the company. We can judge the decisions that they make, but we can't make the decisions for them. And.