Growth Equity / Late-stage VC Interview Prep - tips & prep buddies

I have spent three years in early-stage venture capital and am looking to move to late-stage VC (Series B+) or growth equity. I came to the realization that given my early-stage experience which is more qualitative, I lack some growth hard skills (modeling, 3 statement analysis, etc.)

1) Any good suggestions on technical interview prep? 

2) Anyone in a similar situation and would like to do cases together?

3) Any clue on open positions (since most are not published on job boards)?

3 Comments
 

Based on the most helpful WSO content, here are some detailed tips and resources for preparing for growth equity and late-stage VC interviews:

1) Technical Interview Prep Suggestions:

  • Courses and Bootcamps:

    • Venture Capital Course: Focuses on cap table modeling and term sheets.
    • Private Equity Interview Bootcamp: Offers detailed PE LBO tests and case studies.
    • Venture Capital Bootcamp: Covers cohorts, ARR, and cap table modeling.
    • Modeling & Valuation Bootcamp: Includes Excel, M&A, 3-statement, DCF, Comps, and LBO modeling.
  • Key Areas to Focus On:

    • Cap Tables: Understanding pre and post-money calculations.
    • Financial Modeling: Proficiency in building and analyzing financial models.
    • Three Statement Analysis: Mastery of income statement, balance sheet, and cash flow statement.
    • Valuation Techniques: Familiarity with different valuation methods, including revenue multiples and EBITDA multiples.

2) Finding Prep Buddies:

  • Networking on WSO Forums: Engage with others in similar situations by participating in relevant threads and discussions.
  • Mock Interviews: Utilize WSO's mock interview services to practice with professionals.
  • Case Study Practice: Collaborate with peers to work through case studies and share insights.

3) Finding Open Positions:

  • Networking: Leverage your network to uncover hidden opportunities. Many positions are filled through referrals.
  • Headhunters: Connect with headhunters who specialize in VC and growth equity roles.
  • WSO Company Database: Use the database to research firms and identify potential openings.
  • Career Resources on WSO: Regularly check the career resources section for updates on job postings and industry insights.

By focusing on these areas, you can effectively prepare for your transition to late-stage VC or growth equity roles. Good luck!

Sources: SA Interview Prep Techniques, Advice Please! Growth Equity Interview Questions?, Interviewing for a SA or Analyst position? Here's what I'd want to hear as a VP., [HELP REQUEST] How to prepare for the markets for S&T Interview?, What was your approach preparing for technicals? Could use some guidance.

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