How to break into VC/Growth Equity?
I'm a 1st year analyst who just started in a tech group at a pretty decent MM bank in August, but looking to explore future VC/Growth Equity space further as that's where I think I want to be within the next year or two.
Would it be best to start reaching out to headhunter's now and get on their lists for whenever on-cycle recruiting happens? Should my approach be different for getting recruited for early stage VC rather than Growth Equity? Would attempting to network with VC investors be a good move or kind of weird considering I just started? Would definitely appreciate answers to these questions
bump
Following!!
Bump
I would network with VC investors. This entire business is about relationships, so it won’t hurt
Incoming at MBB - does the recruitment process vary for someone in consulting vs IB?
following
This has been discussed extensively elsewhere, but most of what you're talking about is only going to be applicable for the larger growth firms.... and the steps you outlined should work fine there.
If you're optimizing for earlier stage VC there is typically no concept of "on-cycle," and the process will be MUCH more random and informal. Early-stage VCs simply do not have the same need for junior resources as, say, buyout PE; it's not uncommon for even reasonably well-regarded Silicon Valley firms to have like 5 partners against 2-3 associates. To get in that space, you need to network, network, network. Also about 80% of your success at the job is related to how well you can network, so it's not a bad way to find out if you'll actually like the seat once you get in... and build relationships for when you get the gig.
A lot of people on this site like to lump venture and growth together; I personally think they're pretty different from each other in terms of on-job skills needed but also operating structure + your experience as a junior. As an ex-banker, you will be more competitive with growth funds because they actually care if you can do math, but it is likely worth your while to explore each path and be more deliberate about where you recruit.
Consectetur dolorem fugiat fugit consectetur mollitia eos sed. Cumque quidem minima labore accusamus inventore dolorem. Sint quasi et qui nam et voluptates ea dolorem. Ducimus repellendus veritatis optio voluptatem nostrum.
Sit ut error commodi adipisci blanditiis. Autem eos ipsa et omnis. Minus consequatur culpa laudantium nemo amet fugit voluptas quia. Aut id porro ea omnis voluptas id. Ullam ea a est harum quidem. Sed et numquam dolorem delectus sit qui soluta.
Repudiandae facilis delectus omnis. Autem aut excepturi aliquam dolor numquam nam quo. Ut laborum eum cum non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...