What a Partner at Morado Ventures LLC Wishes They Had Known Before Entering the Venture Capital Industry
The venture capital industry is competitive, with initial networking challenges focusing on "knowing this person? That company?". However, Henry emphasizes the importance of persistence and a helpful industry culture, noting that "most people try to be helpful" and will respond to outreach, rewarding those who persevere.
Networking, Overcoming Challenges, Industry Realities, Persistence, Mentorship
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Henry Sohn
Partner
Morado Ventures LLC
UC Berkeley
n/a
Anthropology, Sociology
Finance (Banking, Fintech, Investing), Technology
Finance
Disabled, Immigrant
Video Highlights
1. The venture capital industry is competitive, but most people are willing to help those who are persistent and reach out.
2. Networking and building relationships are important for success in the industry. Don't be intimidated by the established players; many are happy to mentor those starting out.
3. Even with limited connections, persistence can lead to opportunities. Take initiative to contact people, and when you do connect, make the most of the chance.
Transcript
What have you learned about this role that you wish someone had told you before you entered the industry?
With any industry, it's competitive. There will always be people trying to be the best.
That can be intimidating. Some of the first things people ask are if you know certain people, companies, or founders.
However, most people in this industry try to be helpful. Reputation is super important, and there's a culture, especially in the Bay Area, where you pay it forward.
You try to be generous with your time, knowledge, and connections. Most people aim to be helpful.
When you realize that if you knock on certain doors, people will surprisingly answer. When you reach out, they often respond and try to help.
With that mindset, don't be too intimidated by the industry. Even when you're just starting out with no connections, be persistent, and somebody will respond. When they do, take advantage of that.