When I was a junior and interested in VC, I spoke to a partner at Apax and he told me the traditional route of working in the industry for a while, going back to school and getting an MBA, then applying for a VC job is the best.

If you're picked out of UG, chances are you will be doing grunt work and what's worse is you won't understand half the shit you're working on, especially if you don't have an engineering background. VC is a very small community and the best positions are landed through networking, not resume drops. Industry knowledge is key, and I guarantee you won't be taken seriously in the long run without it. Unlike Banking, it's not just about banging out deals day in and day out.

 

Does anyone know about hiring full time undergrad's in the Boston area? I know there a ton of Boston VC's and some do have analysts, I think some firms with associates are straight out of undergrad, but anyone know of which firms? I see VC as an ideal field. Interesting job in terms of deals but great hours too. It would be the road I would take but it is so difficult to break into.

 
Best Response

Yes, you're rushing yourself. Give yourself some time to build a track record (the operating model stuff sounds pretty awesome) and they'll trust you with more stuff.

Also know that there's very little 'finance' heavy stuff in VC. Lots of sourcing, market sizing, business model feasibility, etc. As a VC intern I helped predominantly with sourcing, and assisted with some research efforts on industry potential and stuff like that. I did very little finance work.

 

I'm in GE and my job is very sourcing heavy with a lot of research, and the CAP table will be very useful if you're trying to get into GE/VC. However, if you do not get more "quant" experience, and you're trying to stay in VC, then you should be fine as long as you can explain the process of the deals, strategy of the firm, communication skills, and how you would value or invest in a company.

 

Ea nihil a et harum. Sed voluptatem nam dolor laborum est.

Laudantium omnis excepturi voluptatibus voluptates. Unde a omnis id modi est voluptate. Aut quaerat ut ut. Vel est quo sed quo voluptas et eveniet ipsa.

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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
kanon's picture
kanon
98.9
10
Linda Abraham's picture
Linda Abraham
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...”