Precursor VenturesA classic pre-seed and seed stage venture capital firm

Caution for Founders Selecting the Right Fund Manager #ai #venturecapital #investing

21 Mar 2025 · 0 min

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Precursor Ventures warns founders to avoid lead investors who treat investing as a hobby or side project. These managers may deprioritize your startup when other obligations come up. Look for partners who are all-in on their fund.

What would you say for founders as they're diligencing? Maybe different fund managers to lead their rounds? Like, what are the flags that you'd say are there to kind of signal? Maybe they're not? Best long term partners.
It's probably a bit self serving, but I would say someone who's doing this as a hobby or as a side project, who's leading around, there's a chance that the demands of their day job will pick up or they decide they want to do this. And then the person who wrote you the biggest check and ledger round is sort of out of picture. So I think the better role for those folks is a supporting capital. But founders got to make their own decisions.