{"id":885,"date":"2022-07-27T14:53:58","date_gmt":"2022-07-27T14:53:58","guid":{"rendered":"https:\/\/theforage.wpengine.com\/?p=885"},"modified":"2023-11-29T11:19:41","modified_gmt":"2023-11-29T16:19:41","slug":"venture-capitalist","status":"publish","type":"post","link":"https:\/\/theforage.wpengine.com\/careers\/venture-capitalist","title":{"rendered":"What Does a Venture Capitalist Do? (and How to to Become One)"},"content":{"rendered":"\n<p>Before Facebook, <a href=\"https:\/\/www.theforage.com\/blog\/companies\/working-at-airbnb\">Airbnb<\/a>, or DoorDash were household names, they were early-stage startups \u2014 all companies that needed money to start growing. This is where venture capitalists came in to save the day.&nbsp;<\/p>\n\n\n\n<p>What is a venture capitalist? A venture capitalist is a financial professional who looks for early-stage companies with high-growth potential, invests in them, and works with them to help them succeed. In exchange for their investment, they receive equity in the company, which they hope will make them money as the company grows. If you&#8217;re interested in an innovative, exciting, and high-profile career path, here&#8217;s what you need to know about becoming a venture capitalist.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-do-venture-capitalists-do\">What Do Venture Capitalists Do?<\/h2>\n\n\n\n<p>If you&#8217;ve seen Shark Tank, you might have a good idea of what a venture capitalist does. People like Mark Cuban and Barbara Corcoran are listening to people at young, early companies, and they&#8217;re deciding whether they want to give them money to help their business grow. This is the basis of <a href=\"https:\/\/www.theforage.com\/blog\/careers\/what-is-venture-capital\">venture capital<\/a>!<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-tiktok wp-block-embed-tiktok\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:var(--wp--preset--spacing--40)\">\n<blockquote class=\"tiktok-embed\" cite=\"https:\/\/www.tiktok.com\/@barbara.corcoran\/video\/6893562972178763013\" data-video-id=\"6893562972178763013\" data-embed-from=\"oembed\" style=\"max-width:605px; min-width:325px;\"> <section> <a target=\"_blank\" title=\"@barbara.corcoran\" href=\"https:\/\/www.tiktok.com\/@barbara.corcoran?refer=embed\">@barbara.corcoran<\/a> <p>@mcuban \ud83d\udc40 <a title=\"wip\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/wip?refer=embed\">#WIP<\/a><\/p> <a target=\"_blank\" title=\"\u266c Lonely - Justin Bieber &#038; benny blanco\" href=\"https:\/\/www.tiktok.com\/music\/Lonely-6883993546467051522?refer=embed\">\u266c Lonely &#8211; Justin Bieber &#038; benny blanco<\/a> <\/section> <\/blockquote> <script async src=\"https:\/\/www.tiktok.com\/embed.js\"><\/script>\n<\/figure>\n\n\n\n<p>In simple terms, venture capitalists give money to young, growing companies; in return, they get a stake in that company. They provide this financial support with money from individual investors, foundations, corporate pension funds, and more.<\/p>\n\n\n\n<p>A venture capitalist\u2019s goal is to invest in a company while it\u2019s growing. Then, once it (hopefully) becomes successful, they aim to get a good return on their investment (ROI) through a company acquisition or when the company goes public.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-does-a-venture-capitalist-do-on-a-daily-basis\">What Does a Venture Capitalist Do on a Daily Basis?<\/h3>\n\n\n\n<p>Venture capitalists split their time between researching new companies to invest in and nurturing companies they\u2019ve already invested in. On a day to day basis, a venture capitalist might:<\/p>\n\n\n\n<ul>\n<li><strong>Source deals: <\/strong>Find companies to invest in by networking with entrepreneurs and attending events.<\/li>\n\n\n\n<li><strong>Meet with team members: <\/strong>Learn from startup founders about their business plans, vision, and strategy.<\/li>\n\n\n\n<li><strong>Conduct due diligence: <\/strong>Conduct research on a potential investment target by looking at its financial statements, competitors, and overall business vitality.<\/li>\n\n\n\n<li><strong>Negotiate deals: <\/strong>Negotiate investment terms with entrepreneurs, legal teams, and other stakeholders.<\/li>\n\n\n\n<li><strong>Manage their portfolio: <\/strong>Work with current companies to provide guidance, connect them with resources, and stay updated on progress.<\/li>\n\n\n\n<li><strong>Fundraise: <\/strong>Manage fundraising for the venture capital fund they work for, including meeting with potential limited partners (people who may give money to the firm for them to use for investments).<\/li>\n\n\n\n<li><strong>Follow trends: <\/strong>Stay up to date with new developments, companies, technologies, and entrepreneurs in their space.<\/li>\n<\/ul>\n\n\n\n\t<div class=\"forage-core-course-card\">\n\t\t<div class=\"forage-core-course-card__inner\">\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t<div class=\"forage-core-course-card__row\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"113\" src=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1-150x113.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"VCs vs angel investors\" srcset=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1-150x113.jpg 150w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1-300x225.jpg 300w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1-1024x768.jpg 1024w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1-768x576.jpg 768w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/05\/venture-capitalist-vs-angel-investor-1.jpg 1200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"forage-core-course-card__name\">H2 Ventures Venture Capital<\/h2>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__description\">Work with H2&#039;s venture capital team to figure out what company to invest in next.<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--desktop\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/virtual-internships\/prototype\/HkzdjFN4mabt7vRSx\/Venture-Capital-Virtual-Internship\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__time\">\n\t\t\t\t\t\t<span class=\"label\">Avg. Time:<\/span>\n\t\t\t\t\t\t5 to 6 hours\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__skills\">\n\t\t\t\t\t\t<span class=\"label\">Skills you&#8217;ll build:<\/span>\n\t\t\t\t\t\tStartup scouting, opportunity analysis, investment lifecycle, financial modeling, comparable company analysis, forecasting\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--mobile\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/virtual-internships\/prototype\/HkzdjFN4mabt7vRSx\/Venture-Capital-Virtual-Internship\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-venture-capitalist-vs-angel-investor\">Venture Capitalist vs. Angel Investor<\/h3>\n\n\n\n<p>Both venture capitalists and angel investors give money to up-and-coming businesses. The main difference between the two is where they get their money from. Angel investors invest with their own money, while venture capitalists use the capital of the firm they work for.<\/p>\n\n\n\n<p><strong>&gt;&gt;MORE: <\/strong><a href=\"https:\/\/www.theforage.com\/blog\/careers\/venture-capitalist-vs-angel-investor\">Venture Capitalist vs. Angel Investor<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-become-a-venture-capitalist\">How to Become a Venture Capitalist<\/h2>\n\n\n\n<p>Becoming a venture capitalist (VC) isn\u2019t necessarily a linear career path and you don\u2019t need a specific degree or certification. When you work in venture capital, your industry experience \u2014 even in adjacent industries \u2014 is what matters most.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-degrees\">Degrees<\/h3>\n\n\n\n<p>Most entry-level venture capitalist jobs require a bachelor\u2019s degree, but there\u2019s no \u201cventure capital\u201d degree you\u2019ll need to get. Instead, your degree should be in a relevant field such as <a href=\"https:\/\/www.theforage.com\/blog\/careers\/is-finance-a-good-career-path\">finance<\/a> or business. As you progress up the ladder, most mid- and high-level venture capitalists also have an MBA. While an advanced degree isn\u2019t required, an MBA can help advance your business knowledge and expand your <a href=\"https:\/\/www.theforage.com\/blog\/basics\/networking\">network<\/a> \u2014 which is crucial when you&#8217;re trying to find and decide what companies to invest in.<\/p>\n\n\n\n<p><strong>&gt;&gt;MORE: <\/strong><a href=\"https:\/\/www.theforage.com\/blog\/careers\/careers-in-finance\">20+ Popular Careers in Finance<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-relevant-experience\">Relevant Experience<\/h3>\n\n\n\n<p>There are two general ways to get experience working in venture capital: first, by working at a venture capital firm, and second, by working at a startup.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-working-at-a-venture-capital-firm\">Working at a Venture Capital Firm<\/h4>\n\n\n\n<p>While venture capitalists all work to invest in companies, working for a venture capital firm that invests in <a href=\"https:\/\/www.theforage.com\/blog\/careers\/is-technology-good-career-path\">technology<\/a> companies is going to be different than one that invests in education companies.<\/p>\n\n\n\n<p>\u201cThere are a lot of internships in the VC space, and we highly encourage people to explore these opportunities to determine the culture and sector that best fits your goals,\u201d Sean Flood and David Touwsma of EFO Ventures wrote in an email interview. \u201cWith many <a href=\"https:\/\/www.theforage.com\/blog\/basics\/internship\">internships<\/a>, there are valuable roles to be part of the team that analyzes opportunities, understands products and founding teams, looks at financial models, evaluates investment decisions, etc.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-working-at-a-startup\">Working at a Startup<\/h4>\n\n\n\n<p>Many venture capitalists work in another sector at a startup. Once they\u2019re more familiar with what it\u2019s like to work with venture capital firms, they become a venture capitalist themselves later in their career. This kind of experience is invaluable for later-stage venture capitalists.<\/p>\n\n\n\n<p>\u201cThere is also no replacement for having been part of an early-stage business,\u201d Flood and Touwsma say. \u201cGetting the battle wounds and experience has obviously been our path and teaches valuable lessons that can be applied to any business. Working in the finance, sales, or business operations departments of a startup will most likely give you the best insight as to how the company runs and gets funds.\u201d<\/p>\n\n\n\n<p>Clair Byrd, partner at Wing Venture Capital, agrees \u2014 and even warns those interested in venture capital to stay away from traditional venture capital entry-level roles.<\/p>\n\n\n\n<p>\u201cCut your teeth at a real, growing tech company before trying to hop into venture,\u201d Byrd recommends. \u201cThere are so many folks who are scouting, working as associates, etc. who will have an incredibly challenging time \u2018working their way up\u2019 when in competition with peers who have real operating experience and technical knowledge and subject matter expertise for the same roles. But if you have startup experience, a technical subject matter expertise, and ties to the founder community, you will be in a much more advantageous position than just trying to go straight to venture after university.\u201d<\/p>\n\n\n\n\t<div class=\"forage-core-course-card\">\n\t\t<div class=\"forage-core-course-card__inner\">\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t<div class=\"forage-core-course-card__row\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"84\" src=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-150x84.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"venture capitalist reviewing numbers with startup founder\" srcset=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-150x84.jpg 150w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-300x169.jpg 300w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-1024x576.jpg 1024w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-768x432.jpg 768w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-1536x864.jpg 1536w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2022\/07\/Depositphotos_402209106_XL-2048x1152.jpg 2048w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"forage-core-course-card__name\">Y Combinator Train to Work at a Startup<\/h2>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__description\">Explore working for a startup company with Y Combinator&#039;s free job simulation. <\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--desktop\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/virtual-internships\/prototype\/oRMogWRHeewqHzA7u\/College-students:-Learn-how-to-work-at-a-YC-startup-\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__time\">\n\t\t\t\t\t\t<span class=\"label\">Avg. Time:<\/span>\n\t\t\t\t\t\t5 to 6 hours\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__skills\">\n\t\t\t\t\t\t<span class=\"label\">Skills you&#8217;ll build:<\/span>\n\t\t\t\t\t\tReact, front-end engineering, web applications, NodeJS, user analysis, communication\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--mobile\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/virtual-internships\/prototype\/oRMogWRHeewqHzA7u\/College-students:-Learn-how-to-work-at-a-YC-startup-\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-venture-capitalist-skills\">Venture Capitalist Skills<\/h2>\n\n\n\n<p>VCs need a mix of <a href=\"https:\/\/www.theforage.com\/blog\/basics\/hard-vs-soft-skills\">hard and soft skills<\/a> to succeed in the various functions of their role.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-hard-skills\">Hard Skills<\/h4>\n\n\n\n<p><a href=\"https:\/\/www.theforage.com\/blog\/basics\/hard-skills\">Hard skills<\/a> like data and <a href=\"https:\/\/www.theforage.com\/blog\/skills\/what-is-research\">research<\/a> help venture capitalists find new companies and decide which ones are right to invest in. Yet students who want to go into venture capital shouldn\u2019t worry about learning traditional finance hard skills. Instead, Byrd thinks it\u2019s better to focus on gaining various business skills at a startup in a relevant industry.<\/p>\n\n\n\n<p>\u201cYou don\u2019t necessarily need an Ivy League education in finance anymore,\u201d Byrd says. \u201cVenture firms are looking for leverage outside of their primary product (dollars) to differentiate themselves from other financiers. For example, many new investors were <a href=\"https:\/\/www.theforage.com\/blog\/careers\/product-manager\">product managers<\/a> at companies before making a move to venture. This skill set is valuable to VCs in a number of ways \u2014 the real-life experience building and selling a product\/software creates greater understanding of markets and challenges getting traction in those markets. PMs can help founders make real tactical decisions about what they are making, why, and when \u2014 an ability folks with a traditional finance background might have less confidence in doing.\u201d<\/p>\n\n\n\n\t<div class=\"forage-core-course-card\">\n\t\t<div class=\"forage-core-course-card__inner\">\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t<div class=\"forage-core-course-card__row\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"100\" src=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-150x100.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" srcset=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-150x100.jpg 150w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-300x200.jpg 300w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-1024x683.jpg 1024w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-768x512.jpg 768w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-1536x1024.jpg 1536w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-2048x1365.jpg 2048w, https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/03\/Depositphotos_472402170_XL-600x400.jpg 600w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"forage-core-course-card__name\">Product Management<\/h2>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__description\">Build crucial product management skills as you lead your team in building a presentation on a new data-driven video game.<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--desktop\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/simulations\/electronic-arts\/product-management-5c7c\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll Now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"forage-core-course-card__col\">\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__time\">\n\t\t\t\t\t\t<span class=\"label\">Avg. Time:<\/span>\n\t\t\t\t\t\t1-2 hours\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"forage-core-course-card__skills\">\n\t\t\t\t\t\t<span class=\"label\">Skills you&#8217;ll build:<\/span>\n\t\t\t\t\t\tProblem-solving, written communication, performance metrics, critical thinking\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"forage-core-course-card__button forage-core-course-card__button--mobile\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.theforage.com\/simulations\/electronic-arts\/product-management-5c7c\" target=\"_blank\">\n\t\t\t\t\t\t\tEnroll Now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n\n\n\n\n<p>Working at a startup in any role can give you invaluable insight into how a startup works, from the work environment and types of resources needed, to challenges, goals, and more. For example, as a writer who&#8217;s worked at two different startups, I&#8217;ve experienced firsthand how startup teams are structured, how business decisions are made, and how goals are set. These insights would help me understand what to look for in a startup as a venture capitalist, and how to help nurture a startup within my portfolio.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-soft-skills\">Soft Skills<\/h4>\n\n\n\n<p>People skills are another essential trait of a successful venture capitalist. Good people skills, including <a href=\"https:\/\/www.theforage.com\/blog\/basics\/what-are-soft-skills-definition-and-examples\">soft skills<\/a> like <a href=\"https:\/\/www.theforage.com\/blog\/skills\/collaboration-skills\">collaboration<\/a>, <a href=\"https:\/\/www.theforage.com\/blog\/skills\/active-listening\">active listening<\/a>, and <a href=\"https:\/\/www.theforage.com\/blog\/skills\/communication-skills\">communication skills<\/a>, can help you better understand founders and their mission.<\/p>\n\n\n\n<p>\u201cUltimately, VC is really about people and your ability to build and maintain relationships based on trust with many different types of people, during times of stress and uncertainty,\u201d Byrd explains. \u201cGood judgment about people, having high integrity, and being deeply reliable are the hallmarks of a great venture capitalist.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-venture-capitalist-salary\">Venture Capitalist Salary<\/h2>\n\n\n\n<p>VC firms make money when they sell a company or have it go public. When working for a VC firm, you may have a set salary, yet bonuses can fluctuate depending on investment success.<\/p>\n\n\n\n<p>Overall, venture capitalists tend to make high salaries, even in entry-level roles. According to <a href=\"https:\/\/www.glassdoor.com\/Salaries\/venture-capital-analyst-salary-SRCH_KO0,23.htm\" target=\"_blank\" rel=\"noreferrer noopener\">Glassdoor<\/a>, the average venture capitalist salary is $119,000, with an average base pay range of $80,000 to $129,000 and average additional pay between $13,000 and $25,000.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Experience Level<\/td><td>Base Pay<\/td><td>Additional Pay<\/td><td>Total Average Salary<\/td><\/tr><tr><td>0-1 years<\/td><td>$64,00 \u2014 $107,000<\/td><td>$10,000 \u2014 $19,000<\/td><td>$96,000<\/td><\/tr><tr><td>7-9 years<\/td><td>$80,000 \u2014 $135,000<\/td><td>$14,000 \u2014 $27,000<\/td><td>$123,000<\/td><\/tr><tr><td>15+ years<\/td><td>$99,000 \u2014 $169,000<\/td><td>$21,000&nbsp;\u2014 $40,000<\/td><td>$158,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Despite these averages, venture capitalist salaries often aren&#8217;t standardized, and one analyst might make a lot more or less than another depending on the firm, what companies they invest in, and how their investments perform that year.<\/p>\n\n\n\n<p>\u201cWhile a career in VC can be lucrative, it isn\u2019t \u2018easy money,\u2019 and there is a lot of risk,\u201d Flood and Touwsma say. \u201cWe believe to be truly successful, you have to be passionate about the sector and be very focused on adding value to the companies you invest in, which goes far beyond the monetary investment.\u201d<\/p>\n\n\n\n<p>Curious if finance is the right career sector for you? Check out Forage\u2019s <a href=\"https:\/\/www.theforage.com\/course-catalog\/Finance\">finance job simulations<\/a>.<\/p>\n\n\n\n<p><em>Image Credit: Gorodenkoff \/ Depositphotos.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before Facebook, Airbnb, or DoorDash were household names, they were early-stage startups \u2014 all companies that needed money to start growing. This is where venture capitalists came in to save the day.&nbsp; What is a venture capitalist? A venture capitalist is a financial professional who looks for early-stage companies with high-growth potential, invests in them, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/theforage.wpengine.com\/careers\/venture-capitalist\"> <span class=\"screen-reader-text\">What Does a Venture Capitalist Do? (and How to to Become One)<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"forage_sticky_bar_enabled":true,"forage_sticky_bar_content":"Top companies are hiring now!","forage_sticky_bar_button_text":"Get seen","forage_sticky_bar_button_url":"https:\/\/www.theforage.com\/course-catalog","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"forage_editor_id":6,"forage_reviewer_id":17,"forage_authors":[],"veps":[3401,3269],"forage_sidebar":0,"forage_related_disabled":false,"forage_toc_enabled":false,"forage_toc_level":0,"modified":"2023-11-29T10:05:00","footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Does a Venture Capitalist Do? 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