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#Venture capitalist salary free#

Venture Capital Associate Salary and Bonus Levels

Networking never ends, and even if you’re out with friends, you always need to be on the lookout for potential deals and new startups.Īlso, you’re often busy with meetings and calls during the day, and you have to save market research, due diligence, and financial analysis for the evenings. However, don’t assume that venture capital is a “lifestyle job” because you also do significant work outside the office.

#Venture capitalist salary free#

That means that you’ll be in the office or meetings most of the day on weekdays, with relatively free weekends. The hours worked vary by firm type and size, but the average is around 50-60 hours per week. Venture Capital Associate Lifestyle and Hours They’re also more likely to be “Board observers” for portfolio companies. Pre-MBA and Post-MBA Associates do not differ much in terms of daily tasks, but Post-MBA Associates may represent the firm more often and have more sway with the Principals and Partners. In life science venture capital, Senior Associates could also have advanced degrees such as M.D.’s or Ph.D.’s, and they might join with significant scientific knowledge but less business experience. They might have worked in tech, healthcare, or finance-related roles before business school, completed the degree, and then gone into VC to make a long-term career of it. On the other hand, Senior Associates, who join after completing an MBA, are usually in Partner-track roles. Venture Capital Associates who enter from fields like investment banking, management consulting, and product management normally stay for 2-3 years and then complete an MBA, join a portfolio company, start a company, or accept a strategy or finance role at a large company. However, the Partners and senior staff tend to spend more time on those tasks, as well as on the final investment decisions.

This part consists of market/team/product analysis at early-stage firms, but it turns into more detailed financial analysis at later-stage firms.ĭepending on the firm size and structure, you may also support portfolio companies, observe Board meetings, help build the firm’s brand, and even contribute to fundraising.

Deal Execution – Once the senior team members have decided to invest in a startup, you’ll analyze its market, request financial and product information, and push forward a possible deal.

If you don’t like cold calling, cold emailing, or “networking,” you will hate this part of the job.

Sourcing – This means finding new startups to invest in, making the initial outreach, speaking with the founders, qualifying companies, and recommending the best ones to the senior team members.

Since Associates are near the bottom, they do much of the required grunt work in two main areas:

In the VC hierarchy, Partners are at the top, followed by Principals or VPs, followed by Senior or Post-MBA Associates, followed by Pre-MBA Associates, with Analysts at the bottom. The short version is that VC professionals invest in early-stage, high-growth-potential companies in exchange for equity, and they aim to grow the companies and eventually sell them via acquisitions or initial public offerings (IPOs). If you don’t already know the basics of venture capital, check out the article on venture capital careers to get an introduction. That can be a positive if you just want to participate in the startup/finance ecosystem, but a negative if your goal is a long-term career in venture capital: The Venture Capital Associate Job Description One reason is the pay: VC Associates do not earn what PE Associates, or even IB Associates, do.īut another factor is that venture capital may be less of a “long-term commitment” than many other exit opportunities. While everyone is obsessed with exit opportunities into hedge funds and private equity, the Venture Capital Associate path often gets overlooked.