The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Senior Venture Capital Associate
2-4 years as a Senior AssociateSkills to master
- Leading end-to-end diligence processes, mentoring junior team members, developing initial investment theses, and building a nascent network of founders.
You're ready to move on when
- Consistently delivers high-quality, fully vetted investment memos with minimal Partner revisions.
- Successfully mentors junior team members, helping them develop their analytical and research skills.
- Has begun to source a small number of proprietary deals, demonstrating a proactive approach to deal flow.
- Can confidently present sections of an investment memo to the Investment Committee and handle basic Q&A.
- 2
Investment Banking Associate (M&A / TMT)
4-6 years in Investment BankingSkills to master
- Mastery of financial modelling and valuation, rigorous due diligence processes, understanding of complex transaction structures, and working under intense pressure. You'll need to adapt from public markets to early-stage private markets.
You're ready to move on when
- Has led significant sections of M&A transactions, demonstrating strong project management and analytical skills.
- Can build and audit complex financial models (DCF, LBO, comps) with exceptional accuracy and speed.
- Has a strong understanding of various industry sectors, particularly technology, media, and telecom (TMT).
- Demonstrates a keen interest in early-stage companies and a desire to transition from advisory to direct investing.
- 3
Strategy Consultant (Tier 1 Firm)
4-6 years in Strategy ConsultingSkills to master
- Structured problem-solving, market analysis, competitive landscaping, executive-level communication, and rapid learning across diverse industries. You'll need to develop deeper financial modelling skills.
You're ready to move on when
- Has led client engagements, delivering strategic recommendations to C-suite executives.
- Can quickly get up to speed on new industries and synthesise vast amounts of information into actionable insights.
- Possesses exceptional presentation and communication skills, capable of influencing senior stakeholders.
- Demonstrates a passion for technology and innovation, with a desire to apply strategic thinking to investment decisions.
- 4
Startup Founder / Senior Operator
5-8 years founding or in a senior role (e.g., Head of Strategy, VP Ops) at a venture-backed startupSkills to master
- Deep empathy for founders, understanding of operational challenges, experience with fundraising processes, and a practical grasp of what it takes to scale a company. You'll need to formalise your financial analysis skills.
You're ready to move on when
- Has successfully navigated multiple fundraising rounds from seed to Series B or C.
- Possesses a strong network within the startup ecosystem and a reputation for operational excellence.
- Demonstrates a clear understanding of startup unit economics, growth strategies, and common pitfalls.
- Shows a desire to move from building one company to helping many, leveraging their operational experience.