Venture Reflections

What is Software Worth when Everyone Writes Software?

AI is making (some) software cheaper and easier to build. That doesn't make all of it worth less.

Jun 9 • Charles Hudson

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February 2026

The Second Desert in Venture Capital

We talk a lot about how hard it is to get from Fund I to Fund IV - there's another desert on the other side for those who are successful.

Feb 2 • Charles Hudson

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December 2025

Reflections from Our 2025 AGM - $1T Private Companies, AI Fundraising, and Outbound Sourcing

Sharing a few of the most interesting conversation topics from our 2025 AGM

Dec 1, 2025 • Charles Hudson

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October 2025

Teaching AI to Think Like Me Made Me Rethink How I Think

I started building a lot of AI tools for myself and learned more about how I think than I did about how AI tools work.

Oct 24, 2025 • Charles Hudson

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July 2025

Fund Size is Strategy - Extreme Power Law Will Make Portfolio Company Conflicts a Relic of the Past

As multi-stage funds get larger and larger and the need to get into all of the power law winners is required to make their own fund math work, what…

Jul 23, 2025 • Charles Hudson

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May 2025

Uncomfortable and Unanswered Questions I Have as an AI Investor

I've been in a lot of rooms with a lot of smart people who are working on the future of AI and a few important questions still feel unanswered to me.

May 6, 2025 • Charles Hudson

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April 2025

What Does It Mean to Be a Venture Capitalist Today?

Some thought on our business and where things might go from here

Apr 9, 2025 • Charles Hudson

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February 2025

What if the Current Tech IPO Drought isn't a Drought but the New Normal for Venture?

What happens in a world where we have fewer, bigger IPOs that take longer to mature?

Feb 25, 2025 • Charles Hudson

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January 2025

Four Reasons People Leave Venture Firms

Every departure is unique but most fall into one of four categories

Jan 7, 2025 • Charles Hudson

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December 2024

Four Blog Posts I Didn't Publish This Year

A number of blog posts didn't get past the cutting room floor this year - here's why.

Dec 16, 2024 • Charles Hudson

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Three Future States of the Early-Stage VC Ecosystem

Sharing a slide from our annual meeting that sums up one of the things I've been thinking about for the majority of this year.

Dec 3, 2024 • Charles Hudson

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October 2024

No Longer Emerging, Not Yet Established

The Emerging Manager Circle was a good time to reflect on my own journey in venture capital and life as an "elder millenial" fund manager

Oct 18, 2024 • Charles Hudson

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