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A Career in Venture Capital

Swapnil Basak
Jun 19 · 7 min read

A word of caution.

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Photo by Payam Tahery on Unsplash
  • The startup environments in India and the West are starkly different. The markets in India are nascent, and capital isn’t as freely available. There are far fewer funds here than in the west (though this is changing) and median cheque sizes are smaller. Execution is also a huge challenge given legacy infrastructure and low predictability of service. For instance, Flipkart had to build out delivery (ekart), payments (PhonePe) and e-commerce to build Flipkart as we know them today.
  • Lastly, a career in VC is not a short stint, and demands self-motivation and resilience. Feedback cycles are long in this industry (8–10 years), and contrary to popular belief, most of the work starts after you make an investment!

It is (mostly) about the people.

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Photo by Quino Al on Unsplash
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Photo by Annie Spratt on Unsplash

Develop a high speed of unlearning.

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Photo by Scott Graham on Unsplash

Your network is your superpower.

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Photo by Nicolas Picard on Unsplash

There are patterns everywhere.

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Photo by Ross Sneddon on Unsplash

Understand your risk appetite.

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Photo by Loic Leray on Unsplash

Should I become a VC?

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Photo by Mark Fletcher-Brown on Unsplash

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Accel India Insights

Accel India Insights follows the stories, lessons and…

Swapnil Basak

Written by

Investor @ Accel. Trying to be better. Love to dream. Views personal.

Accel India Insights

Accel India Insights follows the stories, lessons and journeys of our community of entrepreneurs. We back and support people and their companies from the earliest days through all phases of private company growth.

Swapnil Basak

Written by

Investor @ Accel. Trying to be better. Love to dream. Views personal.

Accel India Insights

Accel India Insights follows the stories, lessons and journeys of our community of entrepreneurs. We back and support people and their companies from the earliest days through all phases of private company growth.

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