Safe to quit my Analyst role?
My future PE firm has reconfirmed our start date plans since COVID. I know it's normally for analysts to have a break in the track and take the summer off before starting their PE Associate gig.
I can't help but shake the feeling that I shouldn't risk it in case my future PE firm cancels last minute. At the same time, I'm super burned out - my current firm has had us working every single weekend, 100 hour weeks, the past month straight, with no break. I'm losing it.
Thoughts?
If the PE firm has put it in writing that you have a job at a specific date, then yes. Obviously, there is a minor minor chance they can renegade last minute, but based on your feeling - would they? Also, when did you get the offer for the PE gig?
Based on my feeling, they wouldn't. It's a well known UMM. Got the offer Q1/Q2 2019.
Funds give analysts offers with the understanding that they will stay and be trained for the full two-year period. Regardless if you feel like you’ve already learned everything you will learn or if you’re burned out, I think it would be a bad look if you show up and your peers/seniors find out, and it is very difficult to turn your reputation around (good or bad).
This is not the exact issue - even Associate 1s currently there that I've talked to have said you can take a couple months off before starting and that's par for the course.
The issue is around: while they have reconfirmed they are still planning on same start date, I wonder if I have anything to worry about on the reneg front or if anyone has heard of PE firms thinking about cancelling start classes.
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