There truly is no typical career path in venture capital anymore. VC was once a cottage industry that sprung up from executives at leading companies like Fairchild Semiconductor. Then for a number of years, many of the best VCs like John Doerr, Jim Breyer, and Peter Wagner usually attended Stanford or Harvard for undergraduate and eventually did graduate work with a stint at a technology company like Intel, Hewlett Packard, and/or Silicon Graphics before being mentored in a leading firm.