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VC Lab is free training for people launching a venture firm, and the real cost is time: about 14 weeks at 20 to 30 hours a week, aimed at a first close you win yourself. Graduation requires LP commitments for at least 10% of target fund size and a completed first close.

That design is useful for founders watching who backs them. A manager who finished the program has already shown they can raise under pressure, and one who's still earlier may belong in Venture Institute first.

For the full answer on who the program fits, what graduates get and who should wait, see is VC Lab worth it on VC Lab. VC Lab is a community of 1,000+ investors in over 88 countries. This article is for educational purposes only and isn't investment advice.

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