Issued in Public Interest: before you apply for a role in VC, here is a primer!

Venture capital isn’t glamourous. It’s a craft. And like all crafts, it demands patience, rigour, and a slightly unreasonable love for the long game.

What you need to know:

1. A VC fund is a financial institution.
It’s a fiduciary role. You're handling third-party capital (mostly, institutional) within a multi-regulated setup. That comes with real responsibility. Confidentiality,  best in class documentation, reporting, note-taking - these aren’t side quests, they’re core to the job. If that sounds too onerous, you may want to rethink a role in VC.

2. The learning curve is steep and slow.
Venture rewards compound over years. Pattern recognition, experience, knowledge, your network - all takes time. The tough part? The feedback loops are long. You may get your losses before your wins. Companies surprise you. You doubt yourself. Often. If ambiguity isn’t your thing, it’ll wear you down.

3. Discretion matters. A lot.
One casual comment can cost relationships. VC is a small world and people have long memories. Judgement, maturity, and a sense of what to say and what not to say are part of the toolkit.

4. The rules are real.
There’s a reason fund documents exist, for partners and team members. They spell out what you can and can’t do. The structure can feel like a straitjacket, but there are reasons they exist.

5. Curiosity keeps you in the game.
No two days are the same. If you’re not learning constantly by reading, meeting new people, digging deep, then you’re standing still. VC isn’t a 9-to-6 clock-in/clock-out gig. It demands engagement. But if you love learning, it’s endlessly rewarding.

Now every fund is different. Different DNA. Different ethos.

At Lumikai Fund, we don't believe in being everywhere. It’s about going deep.
You can either skim the surface or you can get obsessed with the craft. Learning about investing in interactive media,  meeting future founders, going deep into trends, understanding deal terms -  this knowledge is what ultimately compounds and drives us.

We run lean, open, hungry and collaborative. No silos. Lots of honest reflection and feedback. Constant iteration. There will be good days and bad days. Heck, sometimes you'll have a bad month(s). That deal you sourced and pitched didn't cross IC. A deal that will simply drag on. The founder that you hoped would hit their metrics - could not or did not. Companies don't get marked up every 6 months - that's not normal.

VC can sometimes feel like a grind. It's not for everyone. That's why we are intentional about the team we build.

We hire and retain people who are keen to build something lasting, who align with the mission, and the industry. No need for fancy degrees - depth beats hustle and crafts beats noise. High agency + high performance.

If you made it this far and still interested, we are hiring for an analyst! 🚀💪
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