Venture Capital 101


Interested in learning more about Venture Capital?

Take a look at this presentation put together by Kellogg Students and Faculty to introduce the structure, strategy, and overview of what Venture Capital entails. Updated in 2022, Accelerated has put together an excellent VC recruiting guide to help navigate the VC world. Take a look at the links below.

Working for VC after MBA


Listen to Samara Mejia and Dan Willoughby not only talk about their experience at MATH ventures, but also about how they got the job. They talk about the lack of a "recruiting cycle" for VC, interviews, day-to-day work and skills VCs are looking for.

Some common Q&A from this event:

What kind of process do VC's apply to look through and identify companies?

  • Entreprenuer will meet with one person at VC firm for 30 min and figure out if they fit the firm's investment thesis and philosophy.
  • If a good fit, they will meet with someone else at VC firm.
  • If both people at the VC like the company/team, then some light due diligence and one-page summary put together for partner meeting.
  • If they vote to move forward, then deep due diligence is done and a more formal investment memo and presentation is put together for partner meeting.
  • If choose to invest, will work out term sheet and move forward

Where does the capital come from to invest?

Most VC firms have a fund structure with money raised from limited partners (LPs), which typically include:

  • High net worth individuals
  • Banks
  • Insurance companies
  • Corporations
  • Sovereign Wealth Funds
  • Pension Funds
  • Endowments

Resources


Building your idea? Be sure to claim the resources and tools exclusively available for students and early-stage startups to accelerate development:

  • GitHub Student Developer Pack gives students free access to developer tools through partnerships with Canva (free 12 month subscription of Canva's Pro tier), Typeform (free professional plan for 1 year), Heroku (one free Hobby Dyno for up to two years), and more! Get your pack here.
  • Amplitude Startup Scholarship offers one year of its analytics platform for free (a $40,000 value). Apply here.
  • Twilio SendGrid Accelerate is a program that supports participating startups with 12 months of product credit, access to mentoring, and networking opportunities exclusive to program participants. Apply here.
  • AWS Startup Workshops are a series of interactive business-focused sessions led by former startup founders, investors, and executives from the AWS Startup Business Development team. All sessions are held virtually and on a first come, first served basis as there are a limited number of spots available. Sign-up here.
  • Growth Marketing Checklists to help with your startup marketing efforts across various channels. Topics span activation and retention strategies, Facebook and Google Ads, SEO, and more. Get it here.