How To Break Into Venture Capital – Andreas Munk Holm

In The VC Diaries series, I explore the Venture Capital career with an active VC from different parts of the world. We talk about how to break into Venture Capital, what the job looks like, and VC careers. Today, my guest is Andreas Munk Holm, the co-Founder of The European VC.

The European VC builds “kick-ass” syndicates of Investors in Venture Capital funds based in Europe. Andreas has a unique viewpoint on VC trends across Europe, which he delivers in a straight, no-nonsense manner.

Andreas’s Tips: How To Break Into VC

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• 0:20 – Why Andreas founded The European VC
• 3:20 – Advantages of micro VCs
• 6:40 – Best background for early-stage VC
• 9:20 – Adding value vs. having a Board
• 13:00 – Investing in VC funds to break into VC
• 17:45 – Main fund terms (management fee, carried, target returns)
• 20:40 – How to determine if a GP’s target IRR makes sense
• 24:25 – Key criteria to consider before investing in an emerging VC fund
• 29:50 – The Fundless GP route to acquire track record
• 33:30 – How can emerging funds differentiate in this market?
• 38:20 – Where should VCs focus their time?
• 43:20 – One tip to break into Venture Capital

If you want to find out more about breaking into VC, watch our webinars How To Get A VC Job and How Much Do VCs Make?

Aram Founder

Aram is a veteran investment professional with 20 years of experience. He’s realized over 45 transactions across Project Finance, LBO Financings, Growth Equity, Venture Capital, and M&A in half a dozen countries on three continents.

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