Are you looking to gain basic knowledge about the world of venture capital to see if it’s a career you want to pursue? Or are you trying to land your dream job in venture capital? Either way, you’ve come to the right place for a crash course in VC 101.
In the first episode of the ‘Breaking into VC’ series, Kathryn and Anjum discuss how VC is different from other asset classes, different types of VC firms and funding stages, VC fund structure, and how VCs make money.
Check out some of Anjum’s thoughts on venture capital, entrepreneurship, and interviews with founders on her blog: https://medium.com/@anjumr27
Episode Cheat Sheet:
3:00 - 8:40: What’s the difference between VC and PE?
8:40 - 10:30: What are the different types of VC firms?
10:30 - 22:00: What are the different funding stages?
22:40 - 28:30: Overview of VC fund structure
28:30 - 35:30: How do VCs make money?
35:30 - 38:40: What are some of the drawbacks of VC?
40:30 - 43:45: Lifetime of a VC fund
44:00 - 45:30: Term sheets
45:30 - 48:00 : Key takeaways