Venture Capital/Growth Equity Fund of Funds Exit Opps

Hi all,

I'm graduating college this winter (BA in Econ from a lower top 10 public) and I'll be starting a full time at a venture capital fund of funds soon after. This past summer, I did an internship at a US equities active management firm with a fairly large AUM (but not particularly well known).

A little background on the firm I'm working at:

-Less than 15 employees

-AUM of over a billion dollars

-Historical performance is top quartile according to Cambridge Associates

-Of the partners and principals, 75% have an MBA from either Stanford, Harvard or Wharton

-Firm is invested in funds such as a16z and Accel

-About 10% of AUM is allocated towards coinvestments- this was a big factor in my decision to take the job as I figured it would let me get relevant experience for moving into venture capital or a tech-focused hedge fund

-Starting compensation is good; think around $80k base with a performance bonus

-Business school placement is very, very good- I don't think anyone leaving the program who wanted to go to bschool had to settle for a worse place than NYU (though there could be a selection bias here, where people who don't get in somewhere better than NYU don't go at all), and many went to Harvard/Stanford

-Couldn't find a ton of ex-analysts/associates on LinkedIn to see how they landed (though the ones I could find seemed to end up either working for endowments, tech companies, or VC/PE/HF), but there were plenty of ex-interns and they seem to consistently land top tier banking positions

Given that I've already taken the job (the money was good and my parents have told me I'm on my own after graduation) it's hard for me to be unbiased about the exit opps. My long term goal is to work in either venture capital or a technology focused PE shop like Vista- how viable do you think that is starting out at this firm? Any strategies you would recommend? Thanks in advance.

 

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