Hey folks, I've cleared my interview to join a VC fund as an analyst in Bangalore ($150-200 Million AUM). Happy to answer any questions about the process or doubts the community might have.
How did you apply? Can you share your background?
Pure networking. Used to research on themes/ sectors a fund was interested in or their portcos and set up coffee chats with associates for discussions (whoever responded). Build a relationship and eventually make the ask for an opening in their team. Background is non-tech undergrad from a tier-1 institute graduated in May, spent 5 months at a boutique management consulting firm.
Open Positions are generally visible or you asked them personally if they are hiring? Would love to connect with you in any other platform if you don’t mind.
Possible to add an overview of the process - rounds, what topics/questions/themes were tested
Roughly 7 rounds (2 with Associates, 2 with VPs, 3 with partners) over 1.5 months, mix of assignment and interview rounds. Topics ranged from industry analysis, market sizing, financial analysis, deck creation and presentation mostly.
You are talking about interview process or pitching process ?
what do analysts at VC fund do? What’s their day to day like?
It's a function of developing the fund's sectoral thesis, evaluating in-bound deals, deep diving on due diligence and evaluation, and depending on the firm where you're at, sourcing deals as well.
sounds too corporaty. explain me like a 5 year old
Hey, Thank you for sharing your experience.
Can you list down a few VC funds which are taking folks directly from undergrad (Ex: Elevation capital, Westbridge but unfortunately they don't come to our campus).
Also, as per my knowledge, they generally prefer folks with at least 0-1 years of experience at management consulting or IB firms. Is this true? Or do they directly take folks from undergrad as well?
VC funds usually don't go for campus hiring or take on freshers. Even for this role they were looking for 1-2 years of experience but if you're able to demonstrate understanding of quant and qual skills, they don't really care much for experience then. But yeah, some funds will straight up reject you based on just on-paper experience as well.
Consulting is always a preferred pipeline for them, an operator role is good imo.
