Students are brought on for one semester as interns where they are both trained and begin to work on live deals. This phase gives a baseline understanding of the deal flow process and components, including: Venture Capital/Private Equity Basics, Financial Analysis, Market Analysis, Term Sheets, Finance Documents, and Putting it all together.
Those who perform well are invited to stay on in the Fund and are promoted. Associates take on a more encompassing role and have more freedom and flexibility to work within the projects they choose. Senior associates lead the team for the deals and projects and can even help maintain relationships with the entrepreneurs and other investors in the deal.