| Topic Name: |
Corporate VC career path |
| Message Name: |
Take it! |
| Date Posted: |
01/17/2001 |
| In Reply To: |
My bachelor's is in economics from a (good) state school, but no MBA. I do have 10+ years work experience, all technical with progressive responsibility (software development, Internet network engineering, project management, senior engineering management) and have worked at a Very Large telecom carrier for the last 6+ years. My company has a corporate venture arm and I have an offer from them.
I know that I won't have the financial perks of a VC at a private firm (no carry, no closing bonus, yearly bonuses in line with the corporate level) Given my background, do I have an opportunity at learning something there that will translate to a private firm? What are my chances at a private firm w/o an MBA but having substantial technical operating experience and a good financial background
Corporate VCs are always labeled "dumb money", does this job add or subtract in going to a private firm?
Any thoughts on this would be appreciated! |
| Message: |
Take it!
1. Corporate VCs are not thought of as dumb money these days. Each shop has its own rep.
2. Some of the best VCs have come out of Corporate Programs. Many top VC firms have been are actually spin outs from Corporations.
3. Some Corporate VCs are only strategic investors and some only are co-investors (meaning they do not lead) Both can be a drag.
4. There have been a number of articles on VCs with corporate affiliations doing very well and having come into there own (they are coming into fashion)
Good Luck!
|
|
