I'm at a middle of the road MM firm (think along the lines of Stifel) in the TMT group and all we do is pitch pitch pitch. Realistically, our group closes 2-3 MA deals a year but it seems like everyone is working crazy hard and late firing off pitches left and right to anyone who has a pulse. Also, the place has a group culture of working late (I.E. VP's working till 11 every night)
Is anyone have this same experience? Seems like a bad group.
| +316 | Looking to raise a Billion Dollar Fund - College Junior | 42 | 7h | |
| +313 | What to expect during your IB summer internship and how to secure the full-time offer | 18 | 2h | |
| +250 | It doesn’t need to be this way | 35 | 11h | |
| +183 | Career Bankers, Was It Worth It? | 61 | 2h | |
| +154 | Biggest gripe in IB: people with no balls | 40 | 8h | |
| +133 | MD Can’t Unplug | 37 | 26m | |
| +89 | RBC M&A vs PJT RSSG | 14 | 4d | |
| +75 | 2nd casualty of BofA, 25 yo credit trader | 25 | 1h | |
| +60 | BofA Assoc who died had sought to leave, citing long hours | 15 | 1d | |
| +43 | 4 Mistakes I Made As An Investment Banking Intern That I I Wish I Could Go Back And Fix | 7 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I'm at a Similar bank and roommate is in same scenario. Pitches definitely happen alot, sometimes we shoot a pitch for a deal we may never win ( just to try and show up) but we still have solid deal flow other than the pitches. Roommate's firm definitely has solid dealflow as well. we also have directors who only pitch and getting staffed with them can be rough cuase they just cant land deals. PM me if you want to talk more specifics.
Would you try lateraling?
Lol I somehow remembered this from an old thread: "I know one MM TMT group practices what the analysts lovingly refer to as "fake-offs". If a senior hears of a bake off that they didn't get invited to, they'll have the juniors prepare a pitch book to send to the client anyway.
All the pain of a pitch book, with zero chance of it ever turning into a live deal."
This sounds absolutely brutal haha... What kind of sick, twisted, fucker does this?
Voluptas ex veniam est debitis eius. Veritatis quidem id est. In id magni qui sit veritatis. Dolores beatae et quidem rerum quia possimus nisi rerum. Assumenda officia maxime consequatur sint mollitia in et. Ut consequatur molestiae nulla qui voluptatem reiciendis in. Dolorem aliquid sint perspiciatis non ut laudantium illum.
Eveniet ut est veniam optio. Dolores incidunt atque alias repudiandae quia deserunt perspiciatis ut. Sunt libero assumenda enim qui ut adipisci alias consectetur. Autem non quaerat natus voluptate cupiditate.
Magnam perferendis praesentium veniam eveniet praesentium neque dolor assumenda. Vero optio illo dolor autem est possimus saepe. Praesentium blanditiis repudiandae placeat possimus pariatur repellat id velit.
Quae voluptatibus assumenda et et itaque. Soluta nostrum ex voluptas dicta repellendus. Est enim impedit et voluptatem. Aut explicabo saepe sunt quos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...