Venture capital is a network-driven game; if you want to win in VC, you have to constantly be upgrading your rolodex.
Networking is not just about meeting new people. It’s about building strong, long-lasting relationships that can provide valuable business opportunities.
In this post, we will discuss the strategies and tips for building a strong network within the venture capital community.
The first step to building a strong network within the venture capital community is to identify the relevant networks and communities.
Start by researching industry associations and groups that align with your interests and goals. LinkedIn is a great platform to find other people that work in VC and private equity. You’ll have to filter down from there to find the ones that have a similar investment thesis.
Slack and Discord channels are other places to meet likeminded people. Look for groups that are active, have regular discussions (not ghost towns), and members who are actively engaging in conversations. Joining these types of groups can help you learn from peers, build connections, and stay updated with the latest industry trends. Most of the communities you want to join are invite-only, but there are plenty of other options for people still looking to break into VC as well.
Once you’ve identified relevant networks, start engaging with members and building a relationship with them. Share your thoughts, offer advice, and ask thoughtful questions. The more you share, more more luck seems to find you.
If you’re looking for investor communities to join, here a few we recommend:
Pro tip: You’re better off finding and engaging in one highly-vetted investor community instead of being semi-engaged in a handful. Apply to join our private investor community if you’re ready to join 1,800+ other investors already inside.
Networking is not just about attending events and meeting new people; it’s about building a connection and developing relationships.
We thought that was obvious, but we’ve all met people that approach networking from a transactional perspective. Here are some strategies for networking and building authentic connections within the venture capital community:
Industry events and conferences are a great way to meet new people, learn about new trends, and get your name out there. But attending events can be overwhelming; you’ve got to have a plan, or these events will be a huge waste of time.
Here are some tips for getting the most out of industry events and conferences:
Building a strong network is not just about making new connections; it’s about nurturing and maintaining relationships with the people that matter.
This is obviously more of an art than a science, but here are some tips for maintaining relationships with those people:
Building a strong network in VC takes time and effort, but you absolutely have to do it if you want to win.
It’s worth remembering that everybody has a different style of networking, so the advice in this post will not be relevant to everybody. You will have to test what works for YOU, then apply that for yourself.
If you’re working in VC and want to 10x the value of your network overnight, apply to Confluence.VC to #1 venture community in the world.