In a recent article, Alex McMurray provides advice on how to get a job in venture capital in 2024. McMurray highlights several key points:
- Graduates may want to wait until 2025 as 2024 is a “lost year” for the industry, with geopolitical developments further complicating matters. This gives individuals extra time to gain experience in the field.
- Traditional paths, such as banking or consulting, are seen as uninspiring routes into venture capital. Instead, taking risks and pursuing passion projects are more highly regarded.
- Working in the public sector can be beneficial for aspiring venture capitalists, as it provides a deeper understanding of real-world problems faced by portfolio companies.
- An ability to communicate and connect with founders is crucial in venture capital, and having a strong network and attending technology start-up meet-ups can be helpful.
- Alternative routes into venture capital jobs include participating in programs focused on diversifying the industry, developing a strong thesis about the next big thing and pitching it to potential employers, or taking on an executive assistant role to gain exposure to high-intensity start-up work.
Overall, McMurray emphasizes the importance of gaining relevant experience, taking risks, and building connections in order to succeed in the competitive field of venture capital.
