I'm totally bogged down right now from my current workload between my job (CRE lending - bulge bracket) and studying for the GMAT. I came across an open analyst position at a VC firm that I would love to work for that is involved in finance, technology, and real estate. This company has been the only VC firm i've keep my eyes on aside from looking at other traditional real estate PE firms once I finish with my GMAT in 2 months.
It's been awhile since I dove deeper into learning the fundamentals how the venture capital industry underwrote deals and how their models work. Would anyone be so helpful to point me in the right direction where I can get up to speed on modeling and due diligence for the venture capital world?
Also, any PDFs/papers/research/memos related to the VC world would be awesome.
One:
Here is an https://www.wallstreetoasis.com/forums/learning-about-the-real-estate-v…</a">older thread (August 2017) about real estate VC that another guy and I wrote some lengthy replies in.
Two:
Some books you should read:
The second one is a bit lengthier and more academic, but it has a relatively strong section on structuring.
Three:
Other web resources:
Four:
Shift the way you think about venture. I don't mean this derogatorily. Maybe you're pressed for time and it's an informal forum, but the way you write conveys that you know little about VC. Deals aren't "underwritten", they're "done" or "funded". 'Due diligence' is a term few people utter. It's 'industry research' and 'reference checks'.
What I'm trying to say is that it's really important to show in all your interactions with the fund that you 'get it'. VC is such a qualitative game. They need to know that you understand all the nuances, speak the language, are conversant on not only deals and industry trends but also on the how people talk ... because that's a thing founders assess. If you look like a square, the fund isn't going to want to hire you because the fund doesn't want to look square.
Read https://www.wallstreetoasis.com/forums/making-a-transition-into-vc#comm…</a">this post I made also in August 2017.
Term Sheet is now written by a lady named Polina Marinova. Erin left about 7-9 months after Dan.