Hello and welcome back to Equity, the startup business podcast, where we unpack the numbers and nuances behind the headlines.
This is our Wednesday show, where we get down to one topic, think about one question, and tackle the rest. this week, Natasha He asked: What does breaking into venture capital look like today, and how is it changing? Alex And Becca He jumped on the mic to discuss this and let’s start with a refresher on our latest op-ed: “4 Views on Unpaid Internships.”
- We talked about three buckets of venture onramps: the traditional way, the new wave, and the tourist strategy. Each has its own pros and cons, and includes everything from lump sums to the true definition of a partner.
- We’ve also covered the pricing on some ramps and if the network is the right thing to screw up (or if it’s more track record-based).
- We tried not to get too hung up on the dorm room fund, but we discussed why the $12.5 million fund run by unpaid students pissed us off and whether it would be better for other VCs trying to get into it.
- For more stories on this topic, read our cover story:
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