""I think they should either join a startup or found a company with almost no exceptions - especially if they're technical," Rabois said Thursday on "The Rise" podcast."
""You'd ask the question, like, 'Why are they interested in venture?' and usually when I meet people like that, the answers are pretty superficial. Most people don't even understand what venture really is versus what it looks like on TV," he added."
""First of all, it'll make you more confident that you're making the right decision. This is a 20-year job minimum. Secondly, you'll be better suited to perform the job. And third, you'll have more credibility, which also helps you perform the job," Rabois said."
""Doesn't mean you can't be an associate somewhere. You know, spend two years watching and learning, A: Is this right for me? Because you'll see how the industry really works," Rabois said."
Young professionals should join a startup or found a company to gain practical experience before pursuing venture capital. Technical candidates especially benefit from hands-on startup work. Immediate post-school VC ambitions are usually a bad idea because many candidates lack a deep understanding of venture beyond its media portrayal. Founder or operator experience builds confidence, suitability for the VC role, and credibility with founders. Spending a couple of years as an associate provides exposure to how the industry actually functions and to many portfolio companies. Use that vantage point to choose the best company to join if operating is preferable.
Read at Business Insider
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