Summary List Placement
Mercedes Bent fell in love with venture investing while getting a graduate degree at Stanford in 2017. While there she worked at the school’s Impact Fund, which backs socially conscience companies, and at an edtech venture firm called Owl Ventures.
Despite working for those funds, the elite world of Silicon Valley’s top venture firms was a mystery to her. She had spent the bulk of her early career as a product manager at the edtech startup General Assembly.
She felt it was impossible to know which firms were actually hiring, given that they rarely posted formal job openings. She had to fight for access to the VCs who spoke on campus, rushing to them after events so she could introduce herself and ask for a coffee meeting.
While at school, Bent, now 32, reached out to hundreds of investors, using a spreadsheet to keep track of her progress. And like many of her other classmates, she spent her free time meeting VCs, sometimes at their offices just ten minutes away from campus on Sand Hill Road, or simply on a park bench at Stanford.
“It’s kind of getting to know people and asking if they might have a position open in the coming years,” Bent told Insider.
After countless such meetings she got a lucky break in December of that year, when Lightspeed Venture Partners talent partner Brian Kasser added her as a connection on Linkedin.
Bent quickly reached out and the two met, kicking off an almost year-long process that eventually landed her as a partner at the firm.
Bent acknowledges that being at Stanford’s Graduate School of Business (GSB) gave her advantages for breaking into the venture world.
“Just being at the GSB alone, you get access to VCs in a way that not everyone across the whole world does,” she said. “So I’m …read more
Source:: Business Insider