| Topic Name: |
JD's in VC |
| Message Name: |
Adding Value as a JD (into VC) |
| Date Posted: |
12/19/2000 |
| In Reply To: |
I believe that JDs offer the most to a VC firm after 3-5 years of corporate finance and technology work (try to double-up and do CorpFin for tech companies). The reason: if you go to a VC firm in year 1, you add no value; years 2-3, you spend most of the time answering your fellow VCs (associates and partners) legal questions about PPMs, tax, the SEC, nondisclosure agreements and Chapter 11, while learning how to read and prepare financial models from MBAs who don't have the time to teach you; joining in years 3-5 would depend--for me--on the VC and whether I knew people in the firm already; and after 5 years of good technology corp. finance as a lawyer (IPOs, M&A, and private equity), you can hopefully go over as partner or start your own VC firm--where the real money is anyway.
But how I love to talk about my glory days as a VC...maybe it was worth it for the stories?
Good Luck, and happy returns! |
| Message: |
I am a third year M&A associate (with modeling and management consulting experience) and believe that I could add value into a VC outfit; the questions becomes one of point of entry; do you just speak to the VCs directly about job opportunities or go through some sort of headhunter/and/or network. I am having difficulties.
Much thanks.
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