SaaStr · 2015-08-08 · 3952d

5 Career Paths to Becoming a Venture Capital Partner Within 7 Years

Jason Lemkin outlines five primary paths to becoming a VC partner within 7 years: excelling as a non-partner deal sourcer, transitioning from VP roles at successful portfolio companies, building a track record as a successful angel investor, leveraging success as a founder/CEO, or raising your own fund. Each path has distinct advantages and challenges, with founder/CEO being statistically highest-odds but least appealing due to superior financial outcomes in that role.

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Metrics in this report

Angel Investment Size Reference

25000$

example typical

angel investor deal participation

Institutional VC Investment Size Reference

3000000$

example typical

institutional venture capital deployment

LP Demand to Supply Ratio

100ratio

approximate

demand for funding new venture firms vs available LPs

Target Career Timeline

7years

planning horizon

for achieving VC partner status

Time to Carry Distribution

10-14years

typical range

for small venture fund partners receiving carry/profits