Is it a good idea to do a JD after a business undergrad degree and a post-graduate in finance with the goal of VC?
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I come from the business/finance side (with a European BSc and MSc respectively) and will most probably start my career in financial advisory. However, I have always been very interested in law and would prefer a JD over an MBA (because I have already had enough of academic business school experience) mainly because of a personal interest/preference. My main career goal is VC.
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Answer:
A JD is useful if you want to practice law; otherwise it's not very useful at all, especially if you already have a post-grad degree in finance. Unless you want to work in some manner as counsel for a VC firm, you're probably better off focusing on the finance side of things than you are going down a 3-year sidetrack into law school.
Cliff Gilley at Quora Visit the source
Other answers
No, it's well down on the list of good uses of your time, if your interest is VC. You're looking at starting in an associate role. I actually think the best background for that is "industry", meaning, a background in the industries that the fund is investing in. For a tech fund -- experience in a software company for example. The skill set that's deployed is more like the management consultant's skill set, but that is easier to come by and/or learn. Skill in finance and pure "business" is in third place to these. It has some value, but little marginal value. The finance side of things, like deal-making and such, is <10% of the work and is already something the partnership and financial controller of the fund already get. A law degree is less useful still. It probably adds something, but very marginal. You're never going to be called on to draft legal documents in VC. There's no point. If you're the kind of person who opted to study business in school, and want to work in corp finance first, and are contemplating a JD, then I am guessing your preferences about work and lifestyle are a much better match for what we'd call "private equity" and not early-stage VC. Most everyone I know in tech VC came from tech itself, not finance and definitely not law. It's a different type than what you find in a PE house for sure.
Sean Owen
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