E850: All #AskJason! Marketplaces, joining VC, social media, C corp, hiring, networking outside SV
Topics covered
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Episode Highlights
Breaking into VC
Breaking into the venture capital (VC) industry without a traditional background can be challenging, but offers creative strategies to overcome these barriers. He suggests leveraging platforms like SeedInvest and Republic to make small investments, even if you're not an accredited investor, to build a portfolio and gain experience 1. Jason emphasizes the importance of hustle and creativity, noting that traditional pathways, such as having a finance background or connections from prestigious institutions, are not the only routes to success 2.
You can try to be helpful with those companies. Now, this takes a lot of hustle. You're not going to get paid for it. Boohoo.
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By positioning oneself as a venture consultant and offering free assistance to startups, aspiring VCs can build a network and reputation in the industry.
VC Industry Evolution
The venture capital landscape has evolved, with firms now seeking operators who have successfully scaled companies, rather than just finance majors. explains that the industry is no longer dominated by an "old boys club" but is open to those with proven operational experience 3. He highlights the importance of recognizing talent from diverse locations, emphasizing that great founders can emerge from anywhere, not just Silicon Valley 4.
A great founder can come from anywhere, including where Elizabeth is from.
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This shift in focus allows for a broader range of individuals to enter the VC space, provided they can demonstrate their ability to drive growth and innovation.
