Venture Capital Associate
The Responsibilities of a Venture Capital Associate
An Associate position in a venture capital firm is one of the most sought-after destination for recent business school graduates. While most gain a year or two of experience in the investment banking sector after obtaining an MBA, Associates are generally young, smart talent hoping to succeed in a competitive and exciting industry. The very high rate of compensation also helps attract elite young professionals to venture capital.The common responsibilities of a venture capital Associate can be divided into three categories: due diligence, sourcing deals and supporting portfolio companies.
Due Diligence:
- Researching and talking to competitors
- Talking to customers
- Interviewing and gathering information from industry experts
- Working with technical consultants to evaluate technologies
- Conducting background checks on management
- Talking with previous investors
- Building valuation models
Sourcing Deals:
- Consulting and meeting with investment banking analysts
- Consulting with market research firms
- Attending trade shows, investment conferences and other relevant events
- Networking with other VCs
- Consulting lawyers and accountants
Supporting Portfolio Companies:
- Helping conduct research on behalf of the company
- Attending the Board’s meetings
- Supporting and advising the management team
- Find and screen possible management candidates
- Work with potential acquirers of the company
- Help acquire other companies and find new sources of capital
These are the majority of the duties that Associates perform, and it gives you an idea of the work that an Associate does at a venture capital firm.
Source: Tuck Center for Private Equity and Venture Capital
Permanent Link: Venture Capital Associate
Tags: Venture Capital Associate, Venture Capital, Private Equity Associate, Venture Capital Career, Venture Capital Firm Associate, Venture Capital Jobs
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