Becoming A Venture Capitalist With Diego Berrio
How do you become a venture capitalist with no previous VC experience? Our guest this week, Diego Berrio, was able to create a venture career for himself with no previous track record as an investor. When he realized he wanted to leave the world of traditional finance to become an investor after years of running finance at an education software company, he did what any savvy entrepreneur would do and created the opportunity for himself.In this episode we dive into Diego's early career, and how his decision to get a second Masters degree in his early 30s lead him on a path to creating a completely new career for himself as an investor. While he was no stranger to the world of finance, he knew that the barriers to raising a Venture Capital fund were high. VC investors convince massive institutions and wealthy individuals to trust them with millions of dollars of their money, and that type of trust typically requires a track record of success as an investor and/or entrepreneur. As any good entrepreneur, he didn't let these barriers stop him. Instead he focused on what would give him an advantage, like creating a differentiated offering and building out a deep trusted network that helped him attract other investors and highly sought after investment opportunities. Throughout this episode we also uncover his exact strategy for breaking into this field with syndicates, and the work he's now doing to raise a $20-$30 million fund in 2019 with his firm BrightSky Ventures. See acast.com/privacy for privacy and opt-out information.