01 Earn conviction from scarce evidence
“we seek to know something the rest of the world doesn't” (opens the source)
An AI memo can arrange claims. Check who paid, who renewed and which customer you have not heard from.
Venture capital interview prep when AI can write the memo
Test the evidence, size the outcome and defend the next check.
Start a practice interviewWhat companies say they’re looking for
02 Measure the work behind the revenue
Revenue is not gross profit. Count model usage, human delivery and customer retention before you call AI growth efficient.
03 Translate a large exit into a fund result
A billion-dollar outcome can return less than the fund. Carry ownership through each financing before you name the upside.
04 Make the next check earn its place
Pro-rata rights give you an option. Compare the new evidence and the other uses of your remaining capital before you exercise it.
05 Change the decision when the facts change
“when you get information that says you're wrong, you change your mind” (opens the source)
A good memo shows what would make you wrong. Reopen the decision when a customer changes its use of the product.
Read the role before you prepare
Fin Capital’s Investment Analyst/Associate posting asks for customer interviews, investment memos and scenario analysis. These exercises practise those tasks. The posting has no publication date; it was checked on November 10, 2026. Each firm sets its own process and AI rules.
Sources
- Josh Wolfe, Partner and Co-Founder, Lux Capital, at the time. Lux Capital, “Lux Q4 2025 Report”, Feb 21, 2026. Open the source. Checked against the published text.
- Kent Bennett, Talia Goldberg, Janelle Teng Wade and co-authors, Co-authors, Bessemer Venture Partners, at the time. Bessemer Venture Partners, “The State of AI 2025”, Aug 13, 2025. Open the source. Checked against the published text.
- Byron Deeter, Partner, Bessemer Venture Partners, at the time. Goldman Sachs Exchanges: Great Investors, “The Technology Opportunity of Our Lifetimes: Bessemer’s Byron Deeter”, Oct 16, 2025. Open the source. Checked against the published text.
- Square Peg Team, Authoring team, Square Peg, at the time. Square Peg, “Square Peg Investor Letter Half Year Report 31 December 2025”, Jan 22, 2026. Open the source. Checked against the published text.
- Mike Speiser, Managing Director, Sutter Hill Ventures, at the time. Goldman Sachs Exchanges: Great Investors, “Finding the Right Problems: How Sutter Hill Ventures’ Mike Speiser Creates Great Companies”, Aug 7, 2025. Open the source. Checked against the published text.
Last reviewed Nov 10, 2026