Breaking into venture capital

I am often asked how to help someone break into venture capital. Here is my most recent advice:

"VC is hard to break into. Because of the market, many funds will be struggling to raise their next funds so may not be looking to hire.

She may want to focus on ones that have recently announced new larger size funds than their previous. They will need more people. And she should target ones in the space she is interested in.

Why is she interested in venture? Can she evidence that through behaviour?

She's done the right thing spending time with a startup. That is a traditional path.

She could also find people who recently got these roles or have just been promoted from analyst to principal and speak to them about how they got in, what they did right to get promoted and what they think firms are looking for."

What advice would you give?

#founders #startups #venturecapital #buildinginpublic #investinginpublic

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