Charles HudsonFounder and Managing Partner, Precursor Ventures

Turning Your Venture Firm Over.... #tech #venturecapital #investing #podcast #duet #ai

13 Apr 2025 · 0 min

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Charles Hudson on handing your venture firm to the next generation: you can't trust their track record from a mania era. You need three to four extra years of data to see if they can actually pick winners when the market isn't doing it for them.

There's not a lot of great performance data that's going to come out of that era. So if you're hoping to turn your firm over to people who made a lot of investing decisions in that window, you might have questions about, well, how much of their performance was the companies they chose and how much of it was like, the mania of that era, and what do I do with this data? And it might have just added three to four more years to your evaluation window for these people before you can determine whether you're ready to turn the firm over to them.