Hours, hours hours
(Chimp, 11
Points)
on 2/26/12 at 12:44pm
I've heard numbers like 60 hours a week tossed around, which to me, sounds a lot more attractive than 100 as an IB analyst. Is this a realistic number? What's the lifestyle of VC analyst/associate like?






The is no free lunch...if you
The is no free lunch...if you work 100 hours you will get paid more than if you work 60/hour, which is rare. In some places it might be closer to 80/hours. However, per hour pay is generally the same.
Do what you want not what you can!
I agree per hour its the
I agree per hour its the same, expect 80 hrs per week...try not to expect any work/life balance for 2 years; you will just be disappointing yourself.
bossman / damn.analyst do
bossman / damn.analyst
do either of you even work in VC?
TheBenevolent wrote: bossman
bossman / damn.analyst
do either of you even work in VC?
this^
TheBenevolent wrote: bossman
bossman / damn.analyst
do either of you even work in VC?
this^
I interviewed as an Associate
I interviewed as an Associate at a late-stage VC firm. Associates said they usually top out at ~60 hrs/week. This was on the East coast, it might even be more relaxed in Cali. I think VC hours are largely firm specific but you can, in general, expect much better hours than IB.
I'm talking about Chicago,
I'm talking about Chicago, which is probably similarly relaxed, 60 hours for associates? Not too shabby. But analysts probably work a lot more, amirite?
You can't get into pre-MBA VC
You can't get into pre-MBA VC unless you:
- Did 2 - 4 years of investment banking
- Same in consulting
The way it's portrayed on
The way it's portrayed on this board, investment banking is far from the best path into VC (see any one of Jimmy Dormandy's posts on the subject)
EDIT: Here's his Q&A thread: http://www.wallstreetoasis.com/forums/venture-capi...
Apparently IB is better for later stage growth equity firms
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Dumbeldore3000. Wrong.
Dumbeldore3000. Wrong.
Dumbeldore3000: You can't get
You can't get into pre-MBA VC unless you:
- Did 2 - 4 years of investment banking
- Same in consulting
Not necessarily true--there is hardly any modeling and valuation work done at very early stage VC firms. While IB people have an advantage because they are branded as hard workers and quality candidates, the finance skills aren't actually required/hardly ever used (in seed stage VCs), and many people come from other backgrounds. Want proof? Look up "venture capital analyst" on LinkedIn and see how many people came from other backgrounds.
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