Bethany Crystal
Coffee Chat: How did you get a job at a VC firm?
How did you get a job at a VC firm? The short answer is that I wasn't looking for one. In the four years leading up to starting out at Union Square Ventures, I worked in various roles in sales and marketing for one of USV's portfolio companies, Stack Overflow. Along the way, I hit a wall (okay...multiple walls) anytime I was asked to take on a new project or step into a role that I'd never held before. Often times, there was no one else in the room who'd "been there, done that" before. And so I started to ask for help. Thankfully, USV hosts regular summits -- all-day events that bring together people of similar functional areas from across their portfolio -- and so I started to attend these to learn. Along the way, I got to know Brittany Laughlin, the GM of the Network at the time, and she connected me with people who taught me a lot of different skills. At one point, about four years into my role at USV, I sat alone with Brittany at our Diversity & Inclusion Summit at USV, and I finally asked her a question I'd be wondering for a long time: "How did you get your job?" As it turns out, timing is everything, and that question catalyzed an opportunity for me to eventually take over in her place. In my role today, as General Manager of the USV Network, I'm so glad that I had the opportunity to first work for one of our portfolio companies for so long. It's given me a lot of empathy for the startup experience, which has helped me in both how we engage with our companies and design new programming to support our network members. Okay, erm...I guess what I meant, is, "How should *I* get a job in VC?" If your reaction to reading that first answer was, "Well, shit! That's so specific! How am I ever supposed to do that exact thing to get a job at a VC firm?!" my answer to you is, "Yes, exactly. This is why this line of questioning is so difficult for me to go down with strangers." I've never met a person in VC who entered the field in the same way. Here are just some of the "ways to get a job in VC" that I've encountered (and I'm sure there are many more):
Work for a venture-backed startup
Send a cold email to the right person at the right time
Show up at a networking event and meet someone great
Write a killer blog post that gets picked up and gets you inbound interest
Network your way through your grad school circles
Track down everyone with a similar role in a certain geography, take them out for coffee, and check in every 3 months about potential jobs
Know somebody who works in VC
Apply cold through a routine process
Have a mentor in your life make a direct intro to a VC
Shut down a failed startup, then move to the investor side Each of these options are tied directly to people I know who got jobs in the venture capital industry. As you can tell, there's no single entry point. Finally, the last (important) caveat that I'll add to this question is -- I took a job on the platform and community side of VC. This advice might not matter at all to somebody who's looking to enter through a more finance or investing focused side.
Ugh. You are so not helpful. I should have asked someone else this question. Probably. But now that you bring it up, you're right. A lot of really smart people have written about how to get jobs in VC or shared stories about how they got their start. Here are a few examples that might help:
How do you get a job in VC (Sarah Downey, Principal at Accomplice)
Finding your passion (Fred Wilson)
45 VCs offer advice on getting into the game (CB Insights)
How to get a job in venture capital (Fast Company)
Living the dream (Startups.co interview with Ben Horowitz)
About 15 other posts very similar to this one on Medium If there's one takeaway from these stories, it's that very few people seem to have known from an early time in their career that they wanted to work in the venture capital industry. More often than not, the story you see is, "This other thing happened , and it motivated me to seek out a way to effect change in that area." This is basically the same answer you'll get when you ask people why they decided to be doctors, or lawyers, or writers, or biologists. My only request is that, before you go down the rabbit-hole of, "How do I get there? Help me find a job!" I'd ask that you take a beat and ask yourself, "Why do I think I want this, anyway? What exactly am I striving for?"