DancingPanda
DancingPanda

AMA - I work at a VC fund

willl try my best to be honest, ask me anything

15mo ago
Find out if you are being paid fairly.Download Grapevine
ZestyDonut
ZestyDonut

How do someone get in?

DancingPanda
DancingPanda

Various ways to get in but below is the most common way funds hire (think 80% hiring follows this template) Analyst - go to a branded school +2-3 years of MBB
Associate/AVP - strong operating role for 5-6 years in India followed by M7 MBA in US/pre MBA analyst experience
VP/Principal - strong operating/consulting background + prolific Angel investor
Partner - rarely hired, usually grows internally from Principal level or start your own fund after a successful founder exit

ZestyDonut
ZestyDonut

Interested in Associate roles but generally the career pages are empty. Do we need to approach someone ? What would be a good way to start searching?

WigglyBanana
WigglyBanana

How’s the environment right now? Better than 6 months back? Or does the slump continue?

DancingPanda
DancingPanda

Environment is better than the last 6 months but far far away from the peak markets.. growth deals have started to pickup in Q3.. companies are constantly pegged to public market multiples even at series B/C.. however all the funds have a lot of dry powder so there are a few crazy (10M seed chqs) for highly pedigreed folks

WigglyBanana
WigglyBanana

Thanks for getting back Why growth deals? Seed startups now struggling and hence okay with low valuations?

GoofyHamster
GoofyHamster
Swiggy15mo

Which sectors are you the most bullish on right now?

DancingPanda
DancingPanda

AI, climate and D2C brands

MagicalHamster
MagicalHamster

@TiredBirch1 good to meet you here. I look at climate investments at my fund as well

Quick question: where are you on vol. carbon markets? Yay or nay?

DerpyBoba
DerpyBoba
Student15mo

What are the salaries 5-10 years down the line-Indian context . How does it compare to careers in consulting and PMs at big tech money wise. Can you quote some figures/range for the time line?

DancingPanda
DancingPanda

VC salaries vary by fund size. Partners make 8-10Cr per year at large funds. This is salary but the real money is in carry.

SparklyNugget
SparklyNugget

How much is the average carry that VCs make by YOE/designation?

JazzyBagel
JazzyBagel

When will this winter end

DancingPanda
DancingPanda

This is normal world. Life was this pre 2019. Covid years were an anomaly which will never come back. So never?

Discover more
Curated from across
Business Roles
by MagicalHamsterStealth

AMA: I work at a large VC Fund focusing on early stage investments

Hey everyone.

Thought I could do an AMA. A bit about me - have 4 years of work experience and graduated from a non engineering college. Was at a startup before (from Series B to Series D) before becoming a VC

Personally look at co...

Top comment
user

This is the biggest problem with VC ecosystem 4 yoe kids taking calls on experienced, hardworking founders. Dude firs...

Indian Startups
by SillyBananaStealth

Ask me anything - Founder with more than $6 million raised from top tier VCs

As the title says. Happy to answer any questions you might have about starting up, raising capital, or scaling up your business.

Bit of background in tier 2 college. Running startup for 5 years. Have never invested in one. Team of ~40....

52K
Top comment
user

how much salary do you draw yourself? who has a say on this? how much of your personal expenses are budgeted in busin...