Thoughts on a big4 role in San Fran?
I recently received an offer with the big 4 on a team that focuses on valuations on tech and life sciences companies in Silicon Valley. I have always wanted to work in the tech industry, but it has been very hard for me to transition to the west coast. I currently work at a boutique in Charlotte, but I don't really enjoy it because we are a very small firm and I don't get much financial modelling experience and do a lot of admin stuff and BD. I would certainly like to transfer to another bank, and ideally in the tech industry, but my efforts in lateralling haven't been successful. I have considered waiting until bonus time for other firms, and trying to lateral, but of course, a lateral is not a guarantee and the opportunity to move to the west coast may not come again.
My thought is that maybe I could switch to the valuation firm for 2-4 years, then move to PE or growth equity in Cali. The teamdoes work with many private equity and venture capital firms. Would this be doable? Or would 2 years of valuation be able to move into a 2nd year analyst role at a bank?
If you are interested in technology and banking, there is no better place perhaps in the world in my opinion. Congratulations on your opportunity.
As easy as being from a target school and already in IB at a bulge bracket? Probably not as easy. But those valuations analyst roles are pretty good jobs and directly applicable to both worlds (IB/PE/VC). Also a lot easier to move lateral or back into IB if you are already in a major financial hub like SJ/SF. Good luck!
You will find it nearly impossible to move from valuation to IB or PE in that market. You need something to trigger the switch (i.e. MBA). Particularly b/c you admitted your modeling skills aren't good.
Yeah, this was my main concern, I figured a straight shot from valuations wouldn't be very easy. I would probably stick with it for 2-4 years, then decide if I want to stay there, or explore b-school opportunities.
Hey there, was just curious if you ended up accepting the position?
I decided to stay at my boutique, but am still opportunistically exploring some options.
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