Girls into VC fellowship

Based on the most helpful WSO content, here are some insights on breaking into VC and related experiences:

1. Breaking into VC from Undergrad:

   • Experience: One user shared their journey of breaking into VC from undergrad, emphasizing the importance of dedication and even working for free if necessary. They had entrepreneurial experience and a summer internship as a business analyst in a tech group for a commercial bank. This experience helped them secure a position at a VC fund.
   • Advice: Networking and showing real dedication can be crucial. Even if you're from a prestigious school, the competition is fierce, so any relevant experience can be beneficial.

2. Paths to VC:

   • Local VC Scene: Another user suggested looking at the local VC scene and understanding what they are investing in. Gaining experience in a related startup (e.g., fintech) can make you valuable to VCs.
   • Developing Opinions: Reading industry-related content (e.g., Techcrunch, Crunchbase) and developing your own investment opinions can be powerful. Writing mock investment memos can also demonstrate your understanding and interest.

3. VC vs. Banking:

   • Early Start in VC: Starting in VC early can be beneficial if you are certain about this path. It allows you to build a network within the industry from the beginning.
   • Banking as a Foundation: Banking can provide a strong network and foundational skills that are valuable in VC. However, transitioning from banking to VC might require additional effort in networking and proving your interest in the VC space.

4. Challenges for International Students:

   • Visa Sponsorship: For international students, consulting firms are generally more open to sponsoring visas compared to PE/VC firms. Networking and finding firms that are open to hiring international candidates can be crucial.

5. Non-Target University:

   • Leverage Connections: If you're from a non-target university, leveraging any VC experience you have and mutual connections can help. Networking and gaining relevant experience are key.

In summary, participating in a fellowship like "Girls into VC" could potentially help you break into the VC field by providing networking opportunities and relevant experience. However, if you're also considering banking, gaining foundational skills and a network in banking can be beneficial and provide a strong fallback option.

Sources: Breaking into Venture Capital out of Undergrad??, Breaking into VC from undergrad...my story, Current VC associate taking questions, How to break into investment banking for non experienced, International Students breaking into banking - ask and I'll try to help