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GigglySushi
GigglySushi
Stealth

How to move to VC roles?

Hi all, I am from a tier 1 MBA college and have worked in a startup post graduation. Currently doing strategy and ops planning role in a founder's office role. How can I move to VC? I don't have the CGPA to get into an MBB or IB roles but am aware that VC hire folks with operating exp as well. Is this a viable option for me?

10mo ago
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JazzyWalrus
JazzyWalrus
Stealth10mo

Why move to VC?

GigglySushi
GigglySushi
Stealth10mo

Better pay, good growth, good exit options and it is considered to be a very posh job in MBA circles.

JazzyWalrus
JazzyWalrus
Stealth10mo

Be very careful of "considered" "posh" jobs. Folks who are not there are the ones to call it a "prestigious" or "dream job" or "respected" role etc.

People who once thought Product Management is a sexy job learnt after burning their hands that it's a hardcore consulting job with a good level of politics involved and most of the time you are getting blamed for shit you don't control or for someone else's mistakes.

All over LinkedIn you will still see non-PMs are crazy about "breaking" into PM.

CosmicLlama
CosmicLlama
Freelancer10mo

Step 1 - have lot of money.
Step 2. - make an investment in a startup.
Step 3 - get into the network of private/ startup investors. Step 4 - depending on step 1, you become a partner with other VC or get hired by VC.

CosmicLlama
CosmicLlama
Freelancer10mo

As T1 MBA, never forget this - Almost everyone thinks T1 shits gold.
Your cgpa lost relevance after your college placements.

GigglySushi
GigglySushi
Stealth10mo

Step 1 is biggest hurdle here 🤣

SqueakyUnicorn
SqueakyUnicorn
Stealth10mo

VC is one of those external status jobs. As a VC analyst your job is to source deals. The best founders won't want to talk to you because you're too junior and you'll be left doing calls with tier 2 founders. On top of that there is no carry. You make good money in fixed comp though. Only realistic exit option is to start your own company - VC roles don't give you any real operating skills but you'll get a good sense of the market.

Also these roles are very few, so unless you have some spike (education, prev work ex, succesful startup role) you won't get in.

GigglySushi
GigglySushi
Stealth10mo

Your comment is really insightful. I thought VC roles offer good exit options into senior strategy roles in more established startups and maybe exits into some reputed Private Equity firms.

I know there is no carry but is there a path to becoming a partner if you perform well?

SqueakyUnicorn
SqueakyUnicorn
Stealth10mo

VC and PE are two different ball games so no exit there.

Senior strategy roles - also no. Personally I have a problem with strategy roles. Startups shouldn't have strategy roles. Bigger companies do, but they are coordinating functions and there's an established pipeline from MBB for that. VCs might give you a brand name, but by no means an obvious exit opportunity

VC is a long term game. To really make money you need to get carry by being a partner and that is a 5- 10 year game.

JazzyPretzel
JazzyPretzel
Sharechat10mo

Yes this is absolutely a viable option for you.

Taget only the top 10 VC funds in India. Reach out to Principals/VPs at each of these funds personally with a passionate application and you never know

The funds do like someone from a good operating background specially form a Tier 1 MBA

WigglyJellybean
WigglyJellybean
Jio10mo

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