Charles from Precursor Ventures says there's no checklist for what they fund. What matters is a founder showing a product that actually works, not just an idea. Vague criteria based on past failures don't help anyone.
Charles, I'm curious, if you were writing some sort of Precursor Ventures request for startups, what would be on that? Is there anything that you wish more founders were working on that you're not seeing enough of right now?
It's a terrible answer, Alina, to tell people when they're like, what are you looking for? You're like, I don't know. But that's like the most honest answer. And every time I've tried to write down, these are the things I think I wanna see, it usually ends up being like, oh, I've seen a bunch of bad versions of things. X. And I kind of feel the same way about a lot of categories where I'm like, oh, I've seen 8 or 10 versions of why this doesn't work. If someone could show me a version that does, I'm all ears.
