Issue #2: How to Break into VC
Hey Everyone,
Welcome to the second issue of this newsletter
Thanks to everyone who has subscribed!
This issue will feature:
a) Some tips into how to break into VC
b) Who I Met?
c) Articles, Podcasts and Deal Flow
d) Jobs and Internship Opportunities
As shared by Houman Asefi the above are some points to keep in mind
I would add to this start a podcast as a networking vehicle, and leverage it by asking VC’s to come on, build a relationship w/ them, then make the ask
Insights shared by Michael Tu a sophomore in college
Advice: not to underestimate the power of social media (tiktok, twitter, etc.)
He’s currently interning at a very small VC firm
And got the job because he kept interacting with the page of the GP/Founder on TikTok, and eventually got on the phone with them
In terms of interaction:
When the GP would post notable deals Michael :
would comment his own opinion
and when the GP explained VC concepts- he would ask more in-depth questions.
Eventually he reached out over email/LinkedIn and got on a call.
Kept up a good relationship and eventually talked about potentially interning for the firm.
You can connect with Michael here: https://www.linkedin.com/in/michael-tu1/
Insights shared by Mitesh Dube
You can connect with Mitesh here: https://twitter.com/dubeji18
Insights shared by Sachin Shah: Podcaster at The Sachin and Adam Show, and AirTree VC
Read a really great article by Sachin Shah on how to approach breaking into VC
1. Another point I would add is to start your own Micro or VC Fund
-> And give a chance to others who reach out showing a genuine passion and interest a shot
Link to the article here: https://medium.com/@sachinshah_87043/how-to-break-into-venture-capital-2894e654233f
My own points
From Pratik Kumar: COO @ SocialVerse, Ex Intern @ Anthill Ventures
Answer the following questions first before you start your VC search
1)Why VC?
2)Does it get you excited to analyse different companies in different areas of industry?
Do you think it excites you to meet new people and perform an analysis over their approach to problem solving. Shall we invest in them or not?
Does the business model of the startup seeking investment is even solving a problem or not?
Before breaking in to the industry Pratik suggests to be well versed about VC Terminology, and Basic Knowledge
He has recommended the book: Break into VC by Bradley Miles
Break Into VC Book link here: https://www.amazon.in/BreakIntoVC-Investor-Entrepreneur-Professional-Guidebook-ebook/dp/B06XWP5N4B
During your search:
Find what interests you and based on that reach out to VC’s
Make a list of those VC’s
Try connecting to them on LinkedIn keep the message short and crisp about what you are looking for and how you can add value to the team
→ generally won’t respond over email
You can access the full document here: https://docs.google.com/document/d/1XEKZu0jhSkvgnJcMcXWuxZ-m3GxCWU4RI4U8noSBDTY/edit
You can reach out to Pratik for any questions and clarifications at - kumar.pratik61@gmail.com
b) Who I met?
I met Jonathan Chang: VC at Daydream VC on my podcast
You can listen to Jonathan speak about DayDream VC, TikTok here:
c)
Articles:
Great article by Sachin Shah: 1/2 of the podcast duo behind The Sachin and Adam Show
https://medium.com/@sachinshah_87043/how-to-break-into-venture-capital-2894e654233f
You can hit up Sachin here: https://twitter.com/Sachin_Shah_
Podcasts
Harry Stebbings: The Memo
Deal Flow: Saw this in Natalie Neptune’s Newsletter: The Group Chat Queen and thought it was a very cool idea to highlight companies
Natalie has put together a fantastic resource of Group Chats to join here: https://www.thegroupchatqueen.com/group-chat-database
And runs a great newsletter here:
Which I enjoy reading
Some Deal Flow below:
Company Name: Serri
One Liner: Serri is building world's first mobile based SaaS for Communities using AI chatbots to engage, grow & monetise communities.
Funding round: We're raising our pre-seed round for $500k. Already got Commitments for $200k from reputed investors in South Asia.
Geography: We're a remote team based in India (New Delhi region).
Website: https://serri.club/
Sector: SaaS and Web3
Company Name: Fueler
One Liner: Fueler is an online platform to help knowledge workers showcase their work on the internet. Like Github but for Generalist individuals.
Funding round: $100K
Geography: Agartala, India
Website: https://fueler.io/
Founder contact: riten@fueler.io
Sector: Consumer Tech
Company Name: YUR
One Liner: Make Fitness A Game
Website: https://www.yur.energy/
Founder contact: Dilan Shah:
LinkedIn: https://www.linkedin.com/in/dilanshah
Sector: Gaming, SaaS, Consumer
That’s it, Hope you enjoyed this issue! Thanks again for being here.
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I’d love to hear your thoughts, and feedback!
Reply to this email or send me a DM on Twitter with any feedback, suggestions, thoughts for the newsletter!
Have a great week and I’ll see you in the 3rd issue
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Jobs and Internship Opportunities:
Original source: Sina from Startup&VC