What is Venture Capital?

• Startups need to raise money from VC firms to operate and grow their companies. In return, VC firms own equity in the company
• VC’s invest in the private market in companies at their earliest stages
• VC is a form of private equity
• A VC takes on an active, not passive, roll
• Primary goal is to max returns by exits

Why is VC interesting?

• Adjacent to entrepreneurship, private equity
• Learn about a diverse group of industries and companies
• Talk to people and meet talented founders
• Evaluate startups and place bets on their success
• Freedom-- you get what you make of it

What does a VC actually do?

• Sourcing and Screening
• Due Diligence: Data rooms, calls (to everyone!)
• Portfolio Management
• Company Building: Attract talent, introduce investors, etc.
• Fundraising