Back
Bhavya Ranpara
Conservative Investo... • 11m
Spoke with an ecosystem enabler about breaking into venture capital hailing from an unconventional background. They mentioned that having a $10mil exit is necessary to be considered. Interestingly, VC represents only 6-7% of the world's capital allocation which was odd - As this was a micro-fund. I’m sure the pay must be decent, with a benchmark of $100-125k pre-tax (capped). However, another interesting point was the heavy supply for these positions which will bring the costs down substantially over time in the years to come if demand... Is not sustained. Now many suggest that your odds of success and securing funding increase if you have the right credentials, which is obv true due to human proximity and familiarity. However, thanks to technology and the affordability of the internet, anyone can build an MVP, gain traction, show growth, raise funds, get a decent exit few years down the line and start building again. My final, perhaps unpopular, take is that while this field seems lucrative and relaxed from the outside, other career options can offer similar or greater comfort. They just aren't as visible due to strict company policies. If you wanna do VC - just bloody build and succeed.
Replies (1)
More like this
Recommendations from Medial
Vivek Joshi
Director & CEO @ Exc... • 1m
Venture Capital (VC) is a vital funding source for high-growth startups, typically those too risky for traditional bank loans. VCs pool capital from Limited Partners (LPs) to invest in promising early-stage companies with significant scaling potentia
See More
Sanskar
Keen Learner and Exp... • 1y
Flitz Haber (German Scientist) There's a high possibility that you owe your live to him. - why? before answering that I am sure you all are aware of Nitrogen Cycle and it's importance in growing crops. By the mid of 19th century population experienc
See More
Mayank Kumar
Strategy & Product @... • 1y
Startup Funding 101: Bootstrapping vs. VC Funding Deciding between bootstrapping and venture capital (VC) funding is a critical choice for startups. Bootstrapping involves self-funding and can offer more control but may limit growth potential. V
See More
Rohan Saha
Founder - Burn Inves... • 4m
When comparing capital gains tax across different countries, India's main competitors are China and Brazil. Interestingly, both China and Brazil impose higher capital gains taxes than India. However, it's important to note that India also levies a Se
See More
Mayank Kumar
Strategy & Product @... • 1y
The Impact of Venture Capital on Innovation! Venture capital (VC) plays a crucial role in driving innovation. By providing the necessary funds, VCs enable startups to scale and develop groundbreaking technologies. Think of companies like Uber, Air
See More
Download the medial app to read full posts, comements and news.