Advice for a VC hopeful.

I am looking for some advice as I enter my senior year of college. For some background information, I attend a top ten undergraduate business program (BusinessWeek), I am majoring in finance, and will graduate with a 3.7 gpa next spring. I am currently in my third internship with a very big player in the enterprise software industry in Silicon Valley doing finance and accounting. My previous internships were at a boutique strategy consulting firm and a very small VC firm (not in California).

Like a lot of people, I would like to break into VC in Silicon Valley from my undergrad, but from what I can tell it is a process that is easier said than done. The company I currently work for invests with quite a few of the large VC's in the area and I track part of the portfolio. I have thought about leveraging some of those contacts and having my manager give them a call for me.

I am wondering the best way to go about "getting my foot in the door" to have a better chance with an interview. Any advice?

Thanks in advance.

PS: I have a very tentative offer to go to a competitor in Silicon Valley when I graduate to work in their M&A department. From what I have heard, I would have some face to face interaction with VC's. Would this be a better play to transition into VC?