New episode of The Learning Corner by Precursor Ventures is live! We’ve actually seen another surge in new subscribers and viewers over the last few weeks, and we’re always grateful whenever someone takes the time to give the pod a listen. Mia and I went a bit longer than usual this week, but we had a lot to cover with a stacked lineup of good reads and listens: 💵 The team at Screendoor (Lisa Cawley, CFA, Layne Johnson, and Jamie Rhode, CFA) joined the Superclusters podcast hosted by David Zhou for a Q&A with different GPs calling in. The episode was packed with insights for fund managers at every stage. Mia and I discussed the differences between managing a fund, building a firm, and investing in startup companies, and a few other things I feel everyone who wants to start a venture firm should consider. ⛷️ Ariana Ferwerda, CEO of Halfdays (a Precursor portfolio company!), published a fantastic piece on the importance of choosing the right capital, not just the first option that comes along. While it can feel exhausting to tread water when runway is tight, jumping into a long-term investor relationship misaligned with your vision can have real consequences. 🚢🆘🛟🚨📢 Lastly, Rob Go released one of the most direct and honest takes I’ve seen on the future of seed VC. We discussed the importance of fund managers continually asking themselves why their theses should exist and recognizing when the window of opportunity may have closed. This feels like a real crucible moment for seed VC firms, and the future is unlikely to look like the past. 🎧 Link in the comments to check out the episode and subscribe wherever you listen to podcasts!
As always, listen to the episode on your favorite streaming platform! 📺 YouTube: https://www.youtube.com/@TheLearningCornerbyPrecursor 🎧 Substack: https://thelearningcorner.substack.com/ 🍎 Apple: https://podcasts.apple.com/us/podcast/the-learning-corner-by-precursor/id1771052429 🎙️ Spotify: https://open.spotify.com/show/4bJfo57DuGTLZFsm2TpgW4?si=dabefdb580cb4a38 📱 Instagram: https://www.instagram.com/learningcornerbyprecursor/ 🧠 Podcast.ai: https://the-learning-corner-by-precursor.onpodcastai.com/
I like your framework for thinking about the source of outperformers Charles Hudson -- we're in the 50:50 camp!
Great stuff 🔥
So good. Thanks for the mention!
“Talented, but not obvious”
Yessss
This was a great episode. Especially the reality of managing the back office of a fund.
Thank you God. Very logical math. Very good argument.
love this! thanks for the substack shoutout — so grateful to have precursor on our cap table!
Managing Partner at Precursor Ventures
3moThis week’s article links: Should VCs Scale? | El Pack w/ Screendoor (Superclusters) https://www.youtube.com/watch?v=S2CrFdWQTTc The People Behind the Capital (Ariana Ferwerda, Over and Out Substack) https://overandout.substack.com/p/the-people-behind-the-capital A Crisis Moment for Seed VC (Rob Go, NextView) https://nextview.vc/blog/a-crisis-moment-for-seed-vc/