| Topic Name: |
I-Banks prep VC's |
| Message Name: |
Comments |
| Date Posted: |
04/03/2005 |
| In Reply To: |
I would love to know how realistic it is to expect landing a VC job directly after graduation...
Clearly, nobody has posted an answer on this board, but if you have received some info...email me at levyd1@utexas.edu |
| Message: |
When you say VC, do you mean private equity or early stage venture? Because honestly, it's very, very difficult to break into the early stage venture. You need to bring a combination of the following three things to the table: 1) contacts; 2) operating experience; and 3) industry expertise. Upon graduation, you possess little or none of these. Early stage VC is a craft industry with a very lean operating structure and little to no support below the partner level. One VC partner that I spoke with compared the chances of joining a VC to becoming a rock star. Yeah, everyone would like to do it and there may be alot of talented people out there. But it's a combination of talent, ambition and serendipity that gets you the job. However, it is much easier to break into PE. You typically need a few years of IB or mgmt consulting experience.
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