 | minkey (40)
03/17/2005 | This is a cool atmosphere. For a summer internship I worked on Wall Street with BCI (Banca Commerciale Italiana) and then worked for a financial firm for 2 years. I was not a decision maker; I tracked vc accounts and investments so I didn't have any of the stress but got a glimpse of the fun. A venture capitalist by definition invests in a start up and is looking to get a higher rate of return than on typical investments - usually looking for a 25% return or greater. What makes it such a gamble really is that the venture capitalist typically has no business experience in the business they are investing in. Some of the best vc guys have more luck than anything else. All in all it's a fun guessing game that has big payoff potential and some nice executive perks.
(1 voted this helpful, 0 funny and 0 agree) |
 | alicat (3)
01/04/2001 | Interesting job. You sit there waiting for people to come to you in need. You use your judgement which is no better than anyone else's and decide people's lives. It seems more like a position for someone other than some sleeze in a suit. What kind of talent or skill does being a VC require? You have to screw X amount of people over? Or you have to luck out more than not? I just don't understand this job. Why would someone want to be "that guy"? It seems like a person seeking some sort of power in their lives that they don't have on their own.
(3 voted this helpful, 0 funny and 0 agree) |
 | magellan (176)
12/21/2000 | Now this is a job that would be fun. You would spend your day meeting with entrepreneurs, learning about new businesses and technologies, and deciding which companies are going to have a chance to succeed, and which ones aren't. You earn a phat salary - get invited to all kinds of posh receptions - and generally get brown-nosed wherever you go. And the kicker is that if things don't work out, and you pick the wrong companies to fund, it's not your money that you're losing! What a scam...
(6 voted this helpful, 0 funny and 0 agree) |
 | Wiggum (17)
12/20/2000 | What a great job this is. You get a bunch of money that's not your own and you get to dangle it in front of a bunch of desperate entrepreneurs. You're expected to act smug, self-important, and knowledgeable, even when you don't know what the hell you're talking about. On the downside, you're forced to follow a herd mentality, you have to learn hundreds of buzz-phrases (e.g., "path to profitability"), and when you're wrong you're forced to spin the situation to make it look like you knew what you were doing all along.
(5 voted this helpful, 0 funny and 0 agree) |
