Learn VC from inside of a fund.

If you want to learn about Venture from videos, go to Youtube.

Join us to learn to by doing.

Pegasus’ Venture Fellow program was created to offer education and industry experience through a live discussion-based model led by our founding partner.

In our Venture Fellow Program, you will explore all aspects of venture capital, from sourcing deals to term sheets and fund construction.

Our unique approach involves deep discussions around case studies of real startups, real deals, and real situations to delve into the rationale behind investment decisions.

This hands-on experience provides concrete, live examples for each learning principle, helping you retain and leverage this knowledge as you develop your investment thesis.

By the end of the program, you will have a solid foundation and conviction to navigate the rapidly evolving landscape of what constitutes a winning investment.

We accomplish this through live virtual weekly conversations in small groups.

WHO IS THIS PROGRAM FOR?

  • Individuals looking to join a Venture Capital Fund

  • Professionals looking to leverage their current expertise to transition into VC, angel investing, or advising startups

  • Entrepreneurs wanting to understand the other side of the table

  • Recent Grad and Undergrad Students wishing to learn the basics of the industry

 This case study style discussion is great and more impactful than covering basic VC educational topics in the session.  That basic knowledge can be obtained from independent reading or videos.
— Pratik Mittal, Venture Fellow Session 3
I just had an interview for a VC position and everything Lucas has been teaching us basically made that interview a breeze, and I got the offer letter today!
— Sarah Rana, Venture Fellow Session 2

Meet Your Instructor

Lucas Pols is an accomplished angel investor, entrepreneur, and the host of the popular podcast VC Unfiltered. As the founder of Pegasus Angel Accelerator and Former President of Tech Coast Angels, Lucas has dedicated his career to mentoring aspiring investors and empowering early-stage startups. Lucas trains emerging venture capitalists through the Venture Fellow Program, equipping them with the tools and knowledge to make strategic, high-impact investments.

Lucas’s investment focus is centered on B2B SaaS, Climate Tech, and the Future of Work, with a keen eye for companies that show tangible traction and a distinct upswing in the J Curve. His mentorship style is hands-on and strategic, drawing from years of successful investing and a robust network within the venture ecosystem.

The Venture Fellow Program reflects Lucas’s commitment to fostering the next generation of investors, providing them with the skills to identify and support the most promising founders. His practical, results-driven approach has made him a sought-after advisor and speaker in the startup world.

Venture Fellow Program Structure

Learn

8-Week Discussion based case studies led by our Founding Partner. Live virtual sessions in small groups.

Program Cost: $1995

Scout

Upon completing the program, you'll be invited to join our team as a scout.

Source your first successful deal and get a full refund of your $1995 program fee

Network

Our participants have different goals. We believe the network is the key to accomplishing these goals.

Attend nationwide events on behalf of Pegasus and leverage our fund and network for mutual value creation.

Weekly Program Syllabus

We use the curriculum below, paired with case studies of real startups, deals, and situations, to enable our Fellows to understand and take a stance on investment decisions now so that they can leverage this knowledge later.

Week 1: Startup vs Lifestyle & Growth Stages
Week 2: Entrepreneur Raising Capital, Sources
Week 3: Demystifying VC
Week 4: Sourcing Deals & Valuations
Week 5: Reviewing Deals
Week 6: Due Diligence: Management Team and Compensation
Week 7: Due Diligence: Go-To-Market Strategy, Technology & Financials
Week 8: Deal Terms & After Investment

Community Access + Events

Participants are admitted into our exclusive Slack network, which comprises our team, LPs, founders, emerging angels, and venture fellows.

Active participation is heavily encouraged.

For those in LA or who want to visit, we invite our Fellows to all Pegasus events, including pitch contests, VC meetups, and company events.

For events outside of LA and those where we need a presence, we forward invitations to events across the country for our Venture Fellows to represent Pegasus.