Episode 1: How VC Deals Really Work

In this episode, we’ll explore the world of venture capital and uncover how VCs really operate. What you’ll learn in this episode of Venture Deals book summary: ​How VCs raise money from limited partners like pension funds, endowments, and wealthy individuals, and why they don’t invest their own money.​The hierarchy inside a VC firm, from analysts, associates, and principals, to junior directors, partners, and managing directors (GPs), and what each role actually does.​How entrepreneurs-in-residence fit into the VC ecosystem and why their work matters.​Why understanding who actually has the authority to fund your startup can make or break a deal.Whether you’re an aspiring founder, early-stage entrepreneur, or just curious about the inner workings of venture capital, this episode gives you a clear, practical look at the people, processes, and rules behind startup funding.