What does a "research analyst" do at a growth/vc firm?

Got an internship offer for this sort of role, and was wondering what the deal was since it seems only a few GE/VC shops have a dedicated research team. Does anyone have any insights into the hours, comp, future career paths, etc.? Because of the lack of sourcing work, is it stunted in terms of career growth in the VC universe?

 

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