Advice Pls! Tech IB to Growth Equity

Hi all,

  • fresh grad (finished a semester early, Dec 2021) from a non-target (only half a dozen people from my school went into IB)

  • joining TMT team full-time @BB in June 2021

REALLY interested in Growth Equity/ late-stage Venture as an Exit. Unlike PE, have heard that Growth recruiting is a lot more unstructured (some on-cycle 2yrs out but some MFs recruit 6m out). Don't have that many banking friends/ alum/ mentors to ask candid advice to.

If someone who has a similar trajectory to growth/ in growth now (Insight, TA, Summit, BXG, Permira, Iconiq, TPG, etc) could please DUMB DOWN the Growth Equity interview preparation process? (eg. for IB we had a narrative, memorized the 400Qs, good understanding of firm's recent deals, can hold convos about vertical/ industry of interest).   

My questions:

  1. Where do I start? Any certain set of steps you would advise following? Any resources I should follow religiously (newsletters, blogs, etc)?

  2. For X firm I get a chance to interview with, I should know: why their firm, their avg inv size, funding rounds/ fund history, sectors/ verticals, sourcing model -- anything else?

  3. Have had some intro convos with GE Associates, and they mentioned gaining proficiency in:

3A. Business Models and Software Metrics 

3B. Verticals within Tech of interest (eg. be able to speak about 2-3 sexy fintech companies/ trends) -- but what should I know exactly?

3C. 3 Statement Model / Valuation / Accounting -- but that is kinda vague, any narrower advice?

3D. Case Studies -- have never attempted Consulting recruiting, so have no clue if this has any similarities, but where do I start/ what should I be confident in/ any sample outputs?

3E. Anything else bigger picture I am missing?

THANK YOU - sincerely would appreciate as honest advice as possible.

 

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