GigglyLlama
GigglyLlama
Student

Got an Analyst role at a VC fund! AMA

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.

17mo ago
SwirlyTaco
SwirlyTaco

Congratulations! Where are we celebrating ?!? 🥳

GigglyLlama
GigglyLlama
Student17mo

Haha, might or might not be celebrating at Suzy Q tonight

SwirlyTaco
SwirlyTaco

I am going to land up and walk by every table muttering satandaddy, satandaddy till I find you.

Have fun!

ZestyDonut
ZestyDonut

How did you apply? Can you share your background?

GigglyLlama
GigglyLlama
Student17mo

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.

ZestyDonut
ZestyDonut

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.

BubblyRaccoon
BubblyRaccoon

Possible to add an overview of the process - rounds, what topics/questions/themes were tested

GigglyLlama
GigglyLlama
Student17mo

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.

DerpyQuokka
DerpyQuokka
TCS17mo

You are talking about interview process or pitching process ?

BubblyTaco
BubblyTaco

what do analysts at VC fund do? What’s their day to day like?

GigglyLlama
GigglyLlama
Student17mo

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.

BubblyTaco
BubblyTaco

sounds too corporaty. explain me like a 5 year old

PrancingNoodle
PrancingNoodle

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?

GigglyLlama
GigglyLlama
Student17mo

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.

SquishyMarshmallow
SquishyMarshmallow

Any chance for a non founder with no finance background and a Engg degree from tier-3 institute.

DancingPotato
DancingPotato

nope

SqueakyQuokka
SqueakyQuokka

What's your salary?

GoofyPickle
GoofyPickle
Student17mo

did u have this in mind from your first year of undergrad? how many internships have u done/ Research Projects??

GigglyLlama
GigglyLlama
Student17mo

I explored public markets first but gradually shifted interest towards VC/PE. Did my second year internship with a VC fund, third year with a PE firm. Again, all through networking. Always knew around my second year that VC is what I wanted to do and then just remained focused on that entirely. Non-tech education so no relevant research projects, mostly econ research because of my degree.

CosmicPotato
CosmicPotato
Student17mo

Name of the fund ?

DancingDumpling
DancingDumpling
Student17mo

I think I know you...does your first name end with H?

GigglyLlama
GigglyLlama
Student17mo

Nope

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