Hydrocarbon feedstock containing resid is cracked by a process comprising: (a) heating the hydrocarbon feedstock; (b) mixing the heated hydrocarbon feedstock with steam and optionally water to form a mixture stream; (c) introducing the mixture stream to a flash/separation apparatus to form i) a vapor phase at its dew point which partially cracks and loses/or heat causing a temperature decrease and partial condensation of the vapor phase in the absence of added heat to provide coke precursors existing as uncoalesced condensate, and ii) a liquid phase; (d) removing the vapor phase as overhead and the liquid phase as bottoms from the flash/separation apparatus; (e) treating the overhead by contacting with a hydrocarbon-containing nucleating liquid substantially free of resid and comprising components boiling at a temperature of at least about 260.degree. C. (500.degree. F.) under conditions sufficient to at least partially coalesce the coke precursors to provide coke precursor liquid, in the form of hydrocarbon droplets or a continuous hydrocarbon liquid phase; (f) collecting and removing the droplets; (g) directing the treated overhead from which the droplets are removed, to a heater to provide a heated vapor phase; (h) cracking the heated vapor phase in a radiant section of a pyrolysis furnace to produce an effluent comprising olefins, the pyrolysis furnace comprising a radiant section and a convection section; and (i) quenching the effluent and recovering cracked product therefrom. An apparatus for carrying out the process is also provided.