Charles HudsonFounder and Managing Partner, Precursor Ventures

Why We Don't Write Memos at Precursor #venturecapital #siliconvalley #founder

20 Jan 2025 · 0 min

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Charles Hudson (speaker, Precursor) argues that writing long formal memos for pre-seed companies is difficult and unusual because such companies often lack product, traction, or financial history; he acknowledges other firms find memos useful for organizing thinking but explains that Precursor prefers recording real-time thinking rather than producing formal memos.

I've always thought it's both difficult and frankly strange to write long memos about pre seed companies with no product, no traction, no historical financials, really just people and an idea. But I respect and understand that other people's processes are really different. And I've talked to some firms who really feel like, hey, memos help me think, they help me organize my thinking. They clarify like the why that we're doing this investment. You know, while we don't do formal memos, we do record a lot of our in real time thinking.