From Idea to Launch: PreHype's System for Starting Your Next Business
In this episode of Learnings at Scale, Max sits down with Nicholas Thorne, General Partner at PreHype and co-founder of Audos. They discuss cold plunges and the Wim Hof method before plunging into the world of entrepreneurship, exploring PreHype's unique approach to helping experienced founders find and validate their next big idea. Nicholas shares his insights on the importance of customer validation, rapid experimentation, and how AI is creating a new and diverse cohort of modern founders.
Max asks Nicholas for insights about how venture capitalists think. Nicholas explains that while founders might be flattered by a VC’s attention, it is a VC’s job to ask questions. VCs want information. They have already done the math to determine the return they hope to see out of their investment, and they have sold that math. Founders should be prepared to ask their own questions of VCs to ensure compatibility.
At PreHype, Nicholas emphasizes direct customer interaction from day one and a rapid, iterative approach to product development. Nicholas also provides insights into the venture capital world, explaining the key factors that drive VC decision-making. He advises founders to think of themselves as the other buyer in the exchange, and to be as curious about a VC’s money as a VC is about their business.
