Fellowship
The PledgeLA VC Fellowship is Los Angeles’ flagship pathway for graduate students from backgrounds historically excluded from venture to gain real investing experience. Each cohort begins with a three‑month spring curriculum that mixes in‑person intensives in Downtown LA with virtual masterclasses delivered by partners at the city’s leading funds. Fellows learn the venture stack end‑to‑end—fund mechanics, thesis development, sourcing, diligence, cap‑table modeling and founder support—while building a tight peer cohort and receiving career coaching from PledgeLA mentors.
Following training, fellows join an 8‑week full‑time summer placement at a participating LA venture‑capital firm (previous hosts include Upfront Ventures, MaC VC, Greycroft, Slauson & Co., and Techstars LA). Placements are structured as real analyst roles: fellows screen inbound decks, book first meetings, sit in on partner calls, write investment memos and support portfolio founders. Host firms pay each fellow a US $10 000 stipend and provide weekly feedback loops with principals or partners.
Throughout the program, fellows have access to PledgeLA’s 250‑member investor coalition and to alumni now working at top funds, accelerators and portfolio companies. Quarterly community events—Demo‑Day style pitch reviews, talent mixers and fireside chats with visiting GPs—extend network reach long after the summer concludes. Since launching in 2019 the Fellowship has graduated more than 70 investors; over half are now employed in VC or VC‑backed tech roles, underscoring the program’s catalytic impact on LA’s talent pipeline.
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Applications open each October with two deadlines: Priority Review (mid‑December) and Final Review (early January). Candidates submit a résumé, short‑answer questions on career goals and venture interest, and optional demographic data for scholarship tracking. Selected applicants complete one virtual interview with program staff and partner‑fund representatives. Final decisions are released in early February; the cohort is capped at 25 fellows to preserve a 5‑to‑1 mentor ratio.
There is no tuition. PledgeLA covers all training materials, speaker honoraria and program events. Fellows are responsible for their own housing and commuting costs; some host funds offer additional relocation stipends on a case‑by‑case basis.
Host firms pay each fellow a US $10 000 stipend for the 8‑week internship. The program itself charges no fees, does not take equity, and does not share carry; financial upside arrives via the paid placement and the career leverage that fellows gain.
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