As one of the most active venture capital firms in the world, 500 Startups is based in Silicon Valley and has over 2200 investments to date.
If you sit back and think about it, as technophiles we are all making history just based on our daily doings. Our actions or inactions are directly impacting how technology will shape the world the come. Talk about exciting.
As an early stage investor you not only have very little data on which to invest in companies, but your feedback loop is nearly a decade long! So you really have to believe in yourself and trust your instincts.
Don't waste so much time on networking. Instead, find the handful of people who truly believe in you and will move mountains to help further your ambitions. Nurture those relationships the most as they will have the biggest impact on your career.
An individual's work and personal life will blend into one. Traditional working hours will be eradicated. People will have more control over their time. More flexibility to work how and where they want. Teams will be even stronger as work relationships will extend well beyond the 'office'. We will stop thinking of work as a time block, but rather as a set of goals that need to get done.
In my very early 20's I made a simple career goal for myself, and that was 'doing cool things in tech'. The details of what, where, when didn't matter, and I think giving myself this flexibility allowed me to explore areas I had never even thought about. My advice for others wanting to get into venture capital would be to ask yourself why. Perhaps asking that question will allow you to simplify your goal and end up doing something even better (or not). But don't put yourself into such a narrow box because the world is changing too fast and new opportunities are appearing faster than we ever imagined.