Break Into VC

Break Into VC

The Ultimate Guide to VC Scout Programs and Fellowships (With Full Database).

29+ VC job opportunities and tips from a Dragonfly’s managing partner: Write your way into VC.

Jul 16, 2026
∙ Paid

👋 Hey there! Welcome to today’s edition of Break Into VC Newsletter. We’ve got a packed issue focusing on everything you need to break into venture capital.

  • The Breakdown - The ultimate guide to VC scout programs and fellowships (with full database).

  • Insider Tips - Dragonfly’s Managing Partner: Write your way into VC (Here’s exactly how).

  • The Reading List on startups, tech & venture capital.

  • 29+ Venture Capital Job Opportunities.


THE BREAKDOWN

The ultimate guide to VC scout programs and fellowships (with full database).

Let’s talk about the most common rejection in this industry:

“We loved your profile, but we’re looking for someone with prior VC or operator experience.”

You’ve heard it. I’ve heard it. Everyone trying to break in has heard it. And it creates the most frustrating loop in careers: you need VC experience to get a VC job, but you need a VC job to get VC experience.

Here’s what most people don’t know - VC firms built a side door specifically to solve this problem for themselves.

They’re called scout programs and fellowships. Firms like Sequoia, Accel, and Lightspeed have run scout networks for years because they need eyes in ecosystems their partners can’t reach. Fellowships exist because funds want to test junior talent over months instead of betting on a 45-minute interview.

Translation: these programs are hiring pipelines disguised as side projects. Fellows regularly convert into full-time VC roles within 12 months. Scouts have gone on to raise their own funds - Jeff Morris Jr. went from Index Ventures scout to launching Chapter One. An engineering manager named Jamshed Vesuna got into Accel’s Starters program and was writing $25-50k checks as his “night job.”

The problem?

Nobody maps this world. The programs are scattered across LinkedIn posts, fund websites, and word of mouth. Half of them don’t even announce when applications open.

So we did the mapping for you.

Here’s what’s inside today’s deep dive:

  • The full scout & fellowship database - 15+ programs across the US, India, and Southeast Asia, with direct application links, what each program actually gives you (carry, stipend, training, or just access), and which ones are open right now (one closes THIS WEEK).

  • The application playbook - what these programs actually screen for (hint: it’s not your resume), the one asset almost every application asks for, and how to answer the “pitch us a startup you’d back” question that filters out 90% of applicants.

  • The conversion play - how to turn a 6-month scout gig or fellowship into a full-time analyst offer, with the exact behaviors that make funds want to keep you.

  • The no-program play - what to do if your target fund doesn’t run a scout program (most don’t). This connects directly to our “Get Hired in VC Before Anyone” system - you can pitch yourself as their first scout.

One more thing before we get into it: acceptance rates for the top programs hover around 3% - roughly Y Combinator odds.

Become a Break Into VC Premium member and get 👇

  • The complete scout programs & fellowships process with database (this edition)

  • Insider tips from Dragonfly’s Managing Partner.

  • Weekly deep dives on how firms hire and what gets candidates offers

  • 29+ curated VC job & internship opportunities

  • Full access to our All-In-One VC Library - 100+ resources, templates & lectures

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