Scout Ventures | What is a VC Scout?

Scout Ventures — What is a VC Scout?

Scout Ventures — Venture Capital

Venture capital is a competitive industry. VC firms are money management organizations that raise money from different sources and invest the collective capital into startups. There are many approaches to breaking into venture capital. One path that has become very popular among new and aspiring venture capitalists is the role of venture scout.

What is a VC Scout?

Venture scouts or VC scouts are the resourceful connectors who can help venture capitalist firms find hidden, great companies and founders to invest in before everyone else. Some VC scouts have a full-time job when they operate in an incentives-based model while others take this role with a goal to acquire the knowledge and tools to become venture capitalists themselves in the long run.

Types of Venture Scouts

Venture scouts are generally considered interns. They connect a fund to promising founders and companies in their network in hopes of making a deal happen. There are two kinds of VC scouts:

Internal VC Scouts

Internal VC scouts get to work as a full-time team member inside a fund or under the VC scouting program of a venture capital firm, e.g…