Precursor’s Charles Hudson believes founders should test their investors

Quick Summary:

Charles Hudson, managing partner of Precursor Ventures, told an audience at AfroTech the basics of knowing when to invest: A company should have product-market fit and some form of traction.

For similar reasons, Hudson said he puts a lot of weight on emotional intelligence, “because I do think it underpins a lot of the challenges you’ll have as a startup,” he continued.

The moderator then asked if investors should tell the truth more, to which Hudson responded that “this whole ecosystem would work better if people just told the truth.

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Article Details

Author / Journalist: Dominic-Madori Davis

Category: Technology

Markets: United States

Topics: Investors AfroTech2024 Venture Venture Startup

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 16:30:00 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 709 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23635914

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