What do they test in a VC interview? Do they also have LBO modelling like a PE?

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No, LBOs are for mature companies where there’s an existing financial structure. VCs don’t buy the entire startup out either, only a certain % of stake.


You’ll probably be asked to make a hypothetical Investment Thesis to showcase your POV on the industry the VC fund invests in. You may even be asked case-like questions for the technical component of the interview.

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+1
In the later rounds you can also expect more fit based HR questions

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