I would say the hardest thing is to open up the minds of VC’s that success doesn’t always look like…a comp sci degree from Stanford and an MBA from Harvard
It’s a tough industry to enter into especially if you…don’t come from the top 10 schools in the US. People (discredit) all your hard work…
Even with referrals it’s hard to be successful unless you have the perfectly curated experience
…you’re either too junior in VC experience or, senior in work experience.
John Gannon, Co-Founder GoingVC:
Yes, it does make it easier to get into VC if you went to HBS, studied CompSci at Stanford, or worked at a unicorn startup.
I sort of fit that profile. When I was looking for a VC gig, I was working on an MBA at Columbia. And I came into the program with an Ivy CS degree. I had worked for one of the fastest growing software companies in history, too.
18 months after I started my search, things finally broke my way. I got 2 VC job offers. And I ended up joining a $167 million fund as an associate.
Looking back, my background on paper definitely helped. But after helping thousands of VC job seekers over the last 10 years and seeing what’s worked for them — I know that my resume wasn’t the reason that I got those offers.
Here’s what actually made the difference:
1) I worked my a** off.
- Constantly asking entrepreneurs and investors for intros to VC firms
- Schlepping out to San Francisco to meet VCs on my own dime
- Reading every VC blog and email list I could get my hands on
- Sourcing companies that VCs could invest in
For any VC who met me: There was 0% doubt that I was serious about breaking in.
2) I didn’t quit, even though it felt like I was stuck in a black box.
I’m not gonna lie. I felt like quitting — more than once. Because especially early on, a lot of my search went like this:
- I’d get excited about a coffee meeting with a VC
- It’d go great. They’d listen to my investment thesis, ask questions about it, and they’d tell me that they might want to hire someone soon
- I’d leave those meetings SUPER excited
- I’d follow up with a nice email the week after telling them how interested I was in their firm
And then… after all that… 90% of the time I wouldn’t hear anything back. So then I’d wait another week. I’d send another email. I’d wait some more. And spoiler alert — more radio silence…
After that I’d begin to wonder:
“Am I annoying them? Is it my resume? My background?”
I could never be sure.
And what made it all 10X worse was that I only knew 2 other people who were trying to break into VC. Not having support and a community around me was gut-wrenching, especially on those days when ding letters came in or when a VC blew me off for a meeting.
3) I stopped feeling like an imposter — and started feeling like an insider.
I knew I had to change my strategy. So after:
- Reading…everything I could get my hands on about VC and startups
- Taking startup and VC classes at b-school
- Meeting as many founders and VCs as I could
- Doing a lot of free work for VCs
All the VC lingo – liquidation preference, dilution, waterfalls, IRR, Series A/B/C/You-Name-It… got to be second nature.
I finally had my rap down.
And I started to feel confident that I could actually do the job… if only they would just give me the job.
It took me about a year of stumbling around and learning on the fly before I got to that point…
We don’t want you to have to wait that long…
Move To The Front Of The Line In Just 16 Weeks
Applications for the 6th cohort of the GoingVC program are now open. The Spring 2020 GoingVC Cohort will run from April 2020 through July 2020.
GoingVC was purposefully built to help you blow through the first round and get past the final round of your VC job search.
40% of people who completed GoingVC had a job in venture within a year of going through the program.
Click here to find out when we open applications for our next cohort
Why Join GoingVC
Decades of collective experience in the VC and startup world drove how we’ve built the GVC Program – around four central pillars that we know are collectively the most important for you to focus on as you grow your venture capital career:
Here’s how we break those pillars down:
Pillar 1: Network
You’ll learn to talk confidently with any VC — whether you’re in a coffee meeting or you’re negotiating an offer. You’ll build up that confidence through our weekly live video chats with VCs.
In these interactive group sessions, you’ll be able to ask the VCs direct questions — about their investments, about job searching, about… well, almost anything. And they’ll educate you on the finer points of investment theses, sourcing, due diligence, and term sheets in the process.
These video chats will also give you the opening you need to build a relationship with VCs over time — the first step to getting viewed as a viable candidate.
You’ll build a network of investors — nationwide.
So what if you didn’t go to Stanford or Harvard?
GoingVC guests, alums, and members are all over the US — giving you access to an investor network that’s differentiated from other VC job seekers. (Even from the ones with “perfect” resumes.)
To help you with all this networking, you’ll also get access to:
- Live GoingVC networking events in a city near you
Take a look at a subset of firms we’ve worked with in the past:
Pillar 2: Community
Historically, 40% of GoingVC members have a position in VC within a year of completing the program – so just by joining the program, you’ll gain access to a network of professionals who GoingVC helped break into the business – and they’ll want to help you, too.
What’s more is, you’ll go through your own GoingVC Cohort who want the same things as you or who have already experienced the VC job search process.
This is important because let’s face it, VC recruiting can be a lonely and painful path. Having a group of motivated peers, all with the same goal, pulling for you to succeed makes it much easier.
These are people who you can reach out to for:
- Career Advice
- Feedback on your resume or an investment pitch
- Interview practice and feedback
…both now and for the rest of your career.
As a member of the GoingVC community, you’ll also benefit from:
- Access to a private Slack group and email list
- Support from our alumni network
- Lifetime Membership to GoingVC’s growing alumni network
Pillar 3: Experience
As a member of a GoingVC cohort, you will have a number of opportunities to gain real-world investment experience while contributing to the investment team at GoingVC’s dedicated VC funding vehicle, Principium Ventures.
Additionally, you will be encouraged to take part in a variety of coursework and exercises designed to help you build your understanding of the venture capital business – and will come away with physical proof of this coursework which you can share with prospective employers.
Specifically, the GoingVC Program will give you a chance to:
- Build a VC track record through real-world experience which you’ll gain while carrying out the key job functions of a venture capitalist, such as sourcing, due diligence, and the opportunity to pitch new deals to the investment committee at Principium Ventures
- Create and develop your own investment thesis by collaborating with fellow GVC participants, carrying out market analysis, and presenting these theses to your GVC peers
- Tailored VC and industry expert-led courses on a variety of topics including, but not limited to:
- How to source deals
- How to conduct due diligence
- The differences between corporate and traditional VC
- The parallels between Chinese and US venture capital
- Trends in real estate and prop-tech
- Enterprise SaaS metrics
- How to build a great sales team
Pillar 4: Opportunity
If you’re getting a lot of chances and still coming up short, sometimes you just need better fitting chances.
As a member of GoingVC, you’ll receive under-the-radar job opportunities taken directly from the GVC staff’s extensive network. We’re able to bring you these exclusive opportunities because, having been in the business for over 10 years, we regularly get emails like this:
Seeing these opportunities before thousands of other candidates even catch wind of them will give you a big leg-up in the application process.
In addition to these exclusive opportunities, as a member of GoingVC, you will have access to our in-house talent managers who will help you – one on one – to discover and be hired for the VC role you’re pursuing.
We’ve developed our talent manager position to help you find the most ideal VC jobs for your experience and skillset. We’ve done this not only so you can apply to roles you’ll be a more competitive candidate for, but because we know how time-consuming searching for these roles can be, and we want to lessen that load for you.
To elaborate, our talent managers will work on your behalf to:
- Proactively match you with roles across our network of hundreds of VC firms – connecting with target firms and suggesting connections with firms that you may have overlooked
- Work with you to prep your resume in order to help you win interviews with VC funds
- Work with you to prep for interviews to help you ace those interviews, from the first round to the final round
Click here to apply to GoingVC Cohort 6
How to Apply
It’s totally free to apply to GoingVC. You can do so by clicking the “Apply Here” button below.
Once you have applied you will either be accepted directly or be asked to have a secondary screening interview to assess your fit as an applicant. If you are accepted into GoingVC, you will then have an opportunity to speak with the co-founders to further assess whether the program is a good fit for your career and your future goals.
Should you ultimately decide to enroll, the total tuition cost of the GoingVC Program itself is $
We Offer Financial Aid Packages
To cover some of the program cost, we also offer financial aid options to our members on the basis of need. Doing so allows us to maintain a level of affordability in the GoingVC Program and allows us to ensure our cohort members come from a diverse set of backgrounds and experiences. If you would like to apply for a scholarship, you may do so on the application itself.
The deadline to apply for
Click here to apply to GoingVC Cohort 6
GoingVC’s Money Back Guarantee
If you’re for any reason not happy or satisfied with GoingVC after leveraging our network of VC firms, original content, and community, just let us know within the first 60 days after program kickoff – (that’s half of the program) – and we’ll give you a full refund, no questions asked.
We make this guarantee because we firmly believe GoingVC will be one of the most important professional development experiences that our members have ever had, and we’re confident it will be the same for you.
Click here to apply to GoingVC Cohort 6