In this episode you will learn:00:00 Introduction01:28 The Prestige and Challenges of VC03:28 Arun Pai's Journey into Venture Capital04:08 Breaking into Investment Banking06:17 Transitioning from Banking to Startups07:57 Joining Monk's Hill Ventures09:04 Advice for Aspiring VCs11:59 The Fluidity of the VC Industry12:29 Who Should Become a VC?15:19 Skills and Specialization in VC22:58 Building Relationships and Reputation27:19 Transitioning to Quantitative Roles27:34 Understanding VC Roles and Value28:27 Challenges in Breaking into Investment Teams29:39 Building a 360-Degree Skill Set30:13 Personal Journey into VC33:23 VC Interview Process35:13 Importance of Partner Buy-In36:47 Why Do You Want to Become a VC?39:10 Monk's Hill Philosophy41:48 Due Diligence in VC Hiring42:22 The Excitement of Being a VC43:42 Challenges in High Conviction Investing47:20 The Importance of Networking and Luck48:37 Burnout and Specialization in VC51:16 Balancing Experience and Staying Updated52:53 Conclusion and Final ThoughtsAbout:Arun is a Principal at Monk’s Hill Ventures, based in Singapore and responsible for deal sourcing, due diligence and investment analysis and research. Arun brings over 15 years of experience in Finance and Tech start-ups.Prior to joining MHV, Arun spent the last 6 years in the startup ecosystem as a C-level executive. He was the Chief Sales & Strategy Officer at Flow, where he managed growth and capital raising initiatives for the company leading to its acquisition. Prior to that, he was the Chief Kristals Officer, one of the first employees at Kristal.AI. He started his career and spent just under a decade in investment banking at Lehman Brothers and, subsequently, at Nomura across New York, Hong Kong & Singapore.Arun graduated magna cum laude with a Bachelor of Science degree in Electrical Engineering from Georgia Institute of Technology. Follow us:Website : https://understandingvc.com/LinkedIn : https://www.linkedin.com/company/understanding-vc/ Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895  Connect with Rahul:  LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/ Email : understandingvc@gmail.com Twitter : https://twitter.com/rahul0720  About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.