VC out of Undergrad -> Carry possible?

Title says it all. Currently in college, understand VC out of undergrad is very difficult and also heard that turnover among jrs is common. I'm wondering how possible it is advance up the ladder in a fund after going in straight out of undergrad. Thanks for responses.

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Comments (12)

  • Prospect in VC
Jun 5, 2021 - 10:04am

To clarify: I do not mean get carry out of undergrad, I mean make it into a fund where it is possible to achieve a position with carry (likely after ~ 4- 7 yrs working for the firm). If that's not what your comment was referring to, then fair I guess.

  • Associate 1 in PE - LBOs
Jun 5, 2021 - 10:12am

Ah, that's more reasonable then. Apologies for jumping the gun. I mean it's just general progression at funds that will get you carry and that comes with time. You're more likely to get it sooner at smaller, younger funds. Outside that it just comes down to do your job well, put in time, and add some kind of value to the table. 

Jun 5, 2021 - 11:42am

It's seriously unlikely, but possible to get on track for a role that will give you carry out of undergrad.

The best indication of whether firms actually offer a path to partner is to trawl LinkedIn for current and former employees at a given firm to see how often they promote juniors internally vs. juniors having to leave to get a promotion. A decreasing number of old fashioned firms effectively require MBAs to progress past a point - check that too.

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