Top VC Firm?

Hello all! I am a freshman at a non-target in the Midwest (if you didnt know) and I am really interested in VC work, I want to make that my future, I understand though that typically you need to have been through IBD TMT and I am also willing to do that.

My question is, is that this coming summer I secured a VC internship at a small shop in SF, and I got another one ( MD of VC is pres of this Start up) at the same time at a Media Start up, would I be able to leverage this into a TOP VC firm my sophomore year? Or do TOP VC's not give undergrads internships? Also I was thinking of applying to summer programs my sophomore year or going to a TOP VC firm which do you guys think is better?

Thanks

 
Best Response

Internships are very rare in the VC world, they are usually only through a connection. Might be one in a thousand chance a top shop as an intern, but again is usually through a connection (son of friend of GP, or son of LP, etc). I think you need to spend some more time looking at how to break into VC, tmt ibanking is only a fraction of the industry ( I know bc I am one of the few bankers in VC), the rest are ex start-up guys, consultants/corp dev/corp vc backgrounds.

I would say get some experience that will make you valuable to port companies (start-up internship sounds great) and try to leverage that into a full-time start-up job and then you will be positioned for VC (maybe - it is a brutal industry to break into).

"Jesus, he's like a gremlin; comes with instructions and shit"
 

I see thanks would the VC internship help as well I am guessing? Also I want to be more on the finance heavy side of the VC, and I still like M&A type work.

You sir are 100% correct about the connections part thats how I got the small VC, and Start up I know the MD. I am hoping he has contacts to help me grow, but I will see my connection that is a MD worked for GS TMT in SF , and he left to work at yahoo Corp Dev, and left that to start his own company ( which was like a Big Hit) I can tell you the company if you pm me and now he left that to start his VC and another start up.

Thanks again for the help!

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

Haha I would love either one, but from what I have read its impossible to get an internship at anyone shops, unless I start my own startup, or do TMT, or Corp DEV. But landing an internship at one of these shops is hard as fuck. I need to be better at the only thing I am good at: networking.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

The VC internship will def help, but it will still be very difficult to break in, especially out of school.... top tier VC's rarely have interns and or analysts....sometimes 1 or 2 analysts - that are usually cream of the crop with interesting backgrounds combined with LP/GP etc connections. Not to say it is impossible, but very difficult

"Jesus, he's like a gremlin; comes with instructions and shit"
 

Ohh shit lol,, Thanks Jimmy. Is it easier to break in a top VC after the IBD analyst stint? Or do all TMT kids want to go to VC? Like I said I know that startup is prolly the easiest way to join the VC background but I am more interested in joining a VC the IBD/ER route.

Thanks again all I appreciate it.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

Again, the IBD > VC route is not as common as you would expect ( that is my background but most other people in top tier (as am I) VC have different backgrounds. IBD is a great place to start for any career, but if your goal is VC you might want to consider corp dev, start-up, etc. as well as IBD

"Jesus, he's like a gremlin; comes with instructions and shit"
 

Similique voluptas ut aut consequatur voluptatem assumenda magni qui. Ex ipsam qui ut necessitatibus facere. Vel consequatur eaque aliquam fugit officiis. Soluta expedita ut repellendus nostrum architecto totam.

Similique aperiam magnam tenetur doloremque aut et non. Porro at molestias voluptas saepe placeat sunt.

Ut veritatis exercitationem et necessitatibus distinctio laborum. Et dolorum saepe praesentium consequatur assumenda sunt minus quisquam. Eum facere quo perspiciatis aliquam commodi porro. In non dolorem dolore sed perferendis neque rerum. Beatae omnis porro quod ut. Adipisci autem velit sed praesentium similique.

Ut saepe esse tempora eum alias. Non aliquid quisquam laudantium libero iure perspiciatis fugiat. Voluptas omnis consequatur quos autem possimus amet. Pariatur alias soluta minima fugit. Repellendus quia rerum sed deleniti quod quisquam ipsum. Omnis ex soluta aut soluta rerum.

I want a lady on the street, but a freak in the bed, Go Bucks!!

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”