Used to be, if you were a bright and well-connected Harvard Business School graduate, you could get into a small corner of the investing world that was called venture capital. You’d come in as an associate, crossing your fingers that they wouldn’t print your title on your business card. In the first year, you weren’t really expected to do anything besides look attentive in partner meetings, and a great deal of due diligence. If it was the late ’90s, you got promoted fast.
Say goodbye to all of that. The venture capital industry has been shrinking. Associate hires come few and far between, and the hiring process is acutely competitive. An associate is now expected to show a CV rich with entrepreneurial experience. Once in the door at a firm, they are expected to bring in deals that are worth the partners’ attention in their weekly meeting.
To read the full, original article click on this link: Venture capital rookies learn from on-the-job training - Mass High Tech Business News
Author:This email address is being protected from spambots. You need JavaScript enabled to view it.
