Question about an odd VC firm...

Advanced Equities? .... Has anyone heard of these guys? What is their rep/notoriety in the industry? They are a VC firm, and they told me that I would have to do an unpaid internship for nearly 3-4 months..and then decide to bring me full time.... in time for when I graduate... . I'm wary because

a) the VP and the other guy who interviewed me both came from very non-target backgrounds/and both came off as very unintelligent b) They spoke about "bringing me on" so that I could get my "broker licenses....63...etc."...the guy even mentioned how a lot of what he does is cold calling at times.. (it sounded like a straight up stockbroker position...) c) How could getting into VC be this easy?..I thought VC was an ultra competitive field to get into....

Thanks

2 Comments
 
Best Response

AEI is not a "VC firm". They do provide growth capital to firms that already have VC investment, often piggy-backing off the knowledge/relationships they have from some top VCs (KPC, Khosla, etc.). So, they are a late stage, growth equity investor.

I believe part of what they do is they raise the money for their growth investing from their rolodex of clients (PWM, etc.). This may be where the selling, etc. comes in. So I'd ask specifically what the position entails with more specifics. For instance, what chance will you get to work with the growth team directly when they choose which ventures to help growth-finance and how closely you'll get to work with the real VCs they partner with.

Hope that helps.

 

Porro nisi et quasi voluptas similique. Harum vel nulla quos aut ipsam fuga. Saepe ut ab nobis. Et aut aut officia. Et consequatur aliquid rem repellat maiores omnis architecto. Ut impedit voluptatum ut et sint autem sequi culpa.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”