Comp FAQs
Comp FAQs
What is comp?
Comp is a four week process through which prospective sourcing analysts can join VCG. Comp consists of informative workshops meant to prepare prospective members for the evaluation portion of comp. The evaluation includes a short investment memo on a company and one interview. Throughout comp, optional coffee chats will be held for prospective members to get to know board members in a more casual format.
What is the weekly time commitment of a sourcing analyst?
Time commitments will depend on an individual's role and the circumstances of the given week. Typically, analyst workload can range from 3 to 4 hours per week. That being said, all sourcing analysts should prepare to make VCG a top extracurricular priority.
What types of work do analysts do?
Analysts serve as the middleman between founders and our partner VC firms. Their work involves reaching out to founders to learn more about their company and assess whether the company would be a fit for our partner VCs. After the initial call, analysts will compile a report of their meeting notes with the founder and present the company to our investment committee. If the investment committee approves the company, then the analyst will send their report over to our partner VCs.
Do I need Venture Capital experience to join?
You do not need any previous experience to join. Everything you need to know for the comp and for joining will be provided to you during comp workshops. Once being accepted, our sourcing directors will lead a more in-depth onboarding and specific training.
What are the benefits of joining VCG?
If you’re interested in doing VC after college or even during your college summers, VCG is the organization to join. From our comp process to the work you do as a sourcing analyst, everything that we do will prepare you to succeed in interviews and help you land a VC role. In fact, we already have relationships with VC firms that offer exclusive internships for our members. Aside from VC, our alumni have gone on to work at Google, Goldman Sachs, Boston Consulting Group, Tesla, and more.
What’s the difference between VCG and HUCP?
Unlike HUCP, our analysts only focus on sourcing companies rather than also conducting industry reports. Through only focusing on sourcing, we believe our members will be better equipped for VC interviews because of the numerous interactions they will have with founders and our partner VCs to practice analyzing markets and companies. We also don’t expect our members to have any prior VC experience, which is why we equip you with all of the tools to succeed in comp and upon joining through our workshops rather than immediately jumping to an application process.