VC Fundamentals

VC Fundamentals

Learn how early-stage venture capital works, assess startup opportunities and start investing with confidence.

Your instructors

Lauren Capelin

Business Development Manager, AWS Startups

Lauren is a community strategist and disruptive innovation expert, specialising in generative AI, web3, fintech, the sharing economy, and early-stage investing. As VC Business Development Manager for ANZ at AWS Startups, she focuses on fostering connections with emerging founders and supporting startups to scale globally. Previously, Lauren was Principal at Startmate, where she led founder scouting, investment programs, and media, and as Partner of Platform at Reinventure Fund, she shaped Australia’s fintech ecosystem.rnrnLauren is a lead facilitator of VC Catalyst.

Dan Madhavan

Partner, Ecotone Partners

Dan is a passionate advocate for using business and finance to create a sustainable and equitable future. As a founding partner at Ecotone Partners, he brings extensive experience in impact investing, having previously served as CEO of Impact Investment Group (IIG), one of Australia’s largest impact fund managers. Prior to this, Dan was the inaugural CEO of Impact Investing Australia, where he helped shape Australia’s contribution to the Global Steering Group on Impact Investing. With a 13-year career at JBWere and Goldman Sachs JBWere in various senior roles, including COO and Acting CEO, Dan combines financial expertise with a commitment to positive social and environmental impact. Dan is a lead facilitator of VC Catalyst.

Pedram Mokrian

Adjunct Professor, Stanford University and Founding Faculty, VC Unlocked

Pedram brings a wealth of global venture capital experience to the Wade Institute. He’s a founding faculty member of Stanford’s VC Unlocked program, a former Principal at Mayfield Fund, and a seasoned instructor at UC Berkeley’s Haas School of Business. Over the years, Pedram has worked with hundreds of entrepreneurs and business leaders, from early-stage startups to Fortune 50 companies and institutions like the World Bank, across five continents. Wherever he is, Pedram’s passion lies in helping people turn bold ideas into impactful ventures.

With lessons from

Build your VC foundations

1

Understand how venture capital works and when it’s the right investment model.

2

Assess startups, founders and market opportunities with a clearer investment framework.

3

Build an investment thesis that guides what you invest in and why.

4

Understand portfolio strategy, expected returns and why most startup investments fail.

What you’ll learn

Understand how venture capital works, where it fits in an investment portfolio, and whether early-stage investing is right for you.

Lessons
  • What venture capital really is
  • Retail, wholesale and sophisticated investors
  • Building an investment thesis
  • Impact investing and returns
  • Founder quality and portfolio strategy
  • Sector specialist or generalist?
  • Understanding your risk appetite

Follow the startup funding journey, understand who participates at each stage, and learn how investors build access to strong opportunities.

Lessons
  • The startup funding journey
  • The key players in venture deals
  • Building your deal pipeline
  • Filtering investment opportunities
  • Investing through syndicates
  • Understanding venture timeframes and exits

Evaluate founders, products and markets with greater discipline while recognising the biases that can distort investment decisions.

Lessons
  • Beyond the financial model
  • The 6 T’s of startup evaluation
  • The 4 P’s of founder assessment
  • Assessing the founding team
  • Assessing the product
  • Assessing the market
  • Managing bias in investment decisions

Build the practical skills to investigate deals, understand investment documents, assess pitches and grow your place in the venture ecosystem.

Lessons
  • Due diligence basics
  • Understanding venture legal documents
  • Reading cap tables and deal terms
  • Assessing a startup pitch deck
  • Building your investor network
  • Defining your next steps in venture

Reasons to do it

Learn from active VC experts
Lessons from investors and practitioners who assess startups, build portfolios and work with founders every day.

Join the venture community
Build relationships with investors and founders, access stronger deal flow and gain community support.

Backed by 145 years of impact
Delivered by Wade Institute at Ormond College, the University of Melbourne, with a long history of innovation and impact.

Learn flexibly, apply immediately
Complete the program online and at your own pace through short, practical modules designed to build confidence quickly.


Get started now

VC Fundamentals

A practical introduction to venture capital for people exploring startup investing for the first time.

$749

  • Self-paced learning
  • Flexible online access
  • Core venture capital principles
  • Structured startup assessment
  • Stronger investment judgement
  • Fee credited towards VC Catalyst

VC Catalyst

An advanced venture capital program for investors building deep expertise and stronger investment capability.

$12,590

  • Deep VC expertise
  • Advanced deal analysis
  • Investment thesis
  • Portfolio construction
  • Rigorous due diligence
  • High-value network

FAQs

What is VC Fundamentals?

VC Fundamentals is an introductory program designed to help aspiring venture capital investors understand how early-stage investing works. It’s also suited to current investors wanting to refresh the basics.

You’ll learn how to evaluate startups, understand venture deal structures, and the importance of developing an investment thesis.

VC Fundamentals is designed as an entry to VC Catalyst.

Is there support available during the program?

Yes. You’ll have access to Wade program staff and facilitators who can help with clarification and guidance. You’re also invited to join:

  • Monthly Q&A sessions
  • Wade community investor and networking events
How long do I have access to the program?

You’ll have 6 months to access all VC Fundamentals content from your enrolment date. This includes all video lessons, tools, and reflection prompts.

Can I start VC Fundamentals anytime?

Yes! VC Fundamentals is fully self-paced. You can begin as soon as you enrol – no need to wait for a scheduled intake.

Will I get access to real startup deals?

While VC Fundamentals is educational (and not an investing platform), you’ll explore real-world examples and may be invited to attend community investor networking events and founder showcases hosted by Wade Institute.

What is the format of the program and how much does it cost?

VC Fundamentals is a flexible, online learning experience that includes:

  • Video lessons from expert investors
  • A startup investing glossary
  • Quizzes and reflection tools
  • Monthly Q&A sessions
  • Invitations to Wade community investor and networking events

Program fee: $749 for a 6-month access period.

Do I need to have a finance or legal background to join?

Not at all. While we do cover key financial and legal concepts, many successful venture investors come from non-financial backgrounds. The program blends qualitative and quantitative insights and is accessible for learners from all sectors.

Will I be ready to make investments after this program?

You might not feel ready to write your first cheque straight away, but you’ll definitely have the tools, language, and confidence to take the next step.

  • Join a syndicate
  • Evaluate early-stage deals
  • Understand how VC works and where you fit in

It’s all about helping you feel informed, empowered, and connected as you start (or continue) your investing journey.

Who is this program for?

This program is ideal for:

  • Individuals curious about startup investing
  • Professionals exploring a transition into VC
  • Founders or operators wanting to understand the investor mindset
  • Philanthropic funders or family offices interested in venture
  • Investors seeking to diversify beyond traditional asset classes
What happens after I finish the program?

After completion, you’ll be invited to:

  • Wade community investor and networking events
  • Wade community founder showcases
  • Stay connected through curated newsletters and resources
  • Explore next steps such as VC Catalyst or syndicate investing
Can I get a certificate?

Yes. Participants who complete all modules and the final quiz will receive a VC Fundamentals Certificate of Completion, which can be added to your CV or LinkedIn profile.

What are the technical requirements?

To access the program, you’ll need:

  • A reliable internet connection
  • A desktop, laptop, tablet or smartphone
  • An up-to-date web browser (Chrome, Safari, Firefox, or Edge recommended)

All program materials are available online via our learning platform. No software downloads required.

Can I share my login or program materials with others?

We hope you’ll find the program valuable – but your enrolment will be for individual use only. To maintain the integrity of the course and our learning community, we ask that you don’t share your login details or program materials with others. Doing so will breach our Terms and Conditions and may result in your access being revoked. Thanks for your understanding.

How much time should I set aside to complete the program?

We recommend setting aside around 3-6 hours per module. The program includes 5 core modules and is designed to be completed over 4-6 weeks, but you’re welcome to work through it at your own pace.

What’s the difference between VC Fundamentals and VC Catalyst?

VC Fundamentals is a flexible, online program designed to help you build a strong foundation in venture capital – it’s the perfect place to start if you’re new to the space or looking to sharpen your early-stage investing knowledge.

VC Catalyst, on the other hand, is Wade Institute’s advanced, hybrid program for committed investors who are ready to actively invest and build a long-term VC portfolio.

Many participants start with VC Fundamentals as a stepping stone into VC Catalyst, and if you go on to join VC Catalyst, the cost of VC Fundamentals is fully redeemable against your tuition.


*Disclaimer

The information and insights shared throughout the VC Fundamentals program are provided for general educational purposes only and should not be considered financial advice. Any views expressed by guest speakers are their own and do not necessarily reflect those of the program organisers, Wade Institute, or affiliated entities. The VC Fundamentals program is an educational platform and does not provide personalised financial advice.