TLDR:
- Austin Cai ’25, a rising second-year MBA student at Yale SOM, completed a summer internship at 53 Stations, a Chicago-based venture capital firm.
- Through his internship, Austin gained hands-on experience in sourcing, due diligence, and building automation workflows in the VC industry.
In his summer internship at 53 Stations, Chicago, Austin Cai ’25, a San Jose native, had the opportunity to delve into the world of venture capital and private equity. With a background in engineering and a strong foundation in VC principles from his coursework at Yale SOM, Austin excelled in his role at the firm.
Throughout the summer, Austin was involved in various aspects of the VC investment process, such as sourcing deals, conducting due diligence, and contributing to the firm’s automation workflows and AI technology stack. His coursework at Yale SOM, especially in the Venture Capital and Private Equity course taught by Professor Song Ma, provided him with the necessary skills to analyze deals and participate in investment committee presentations.
One key factor that attracted Austin to 53 Stations was the firm’s unique approach to investments, emphasizing a continuous learning mindset and a student-like curiosity. This culture, combined with the firm’s small size, provided Austin with ample opportunities for growth and autonomy in his role.
Throughout the summer, Austin not only gained practical experience in the VC industry but also had the chance to bond with his colleagues over dinners, offsite trips, and team-building activities. The firm’s commitment to individual development and fostering a supportive culture left a lasting impact on Austin, inspiring him to pursue a career in VC with dedication and passion.
Overall, Austin’s internship experience at 53 Stations provided him with valuable insights into the world of venture capital, reinforced by the academic foundation he received at Yale SOM. Through hands-on experience, mentorship, and networking opportunities, Austin was able to grow both professionally and personally, setting the stage for a promising career in the VC industry.
