Evercore NY TMT vs Evercore Tech Menlo Park

Wanted to know a little bit more about the differences between the tech group in NY vs Menlo @ EVR. Which group has better exits/ is the difference significant? 
 

Interested in a career in Technology investing (public or growth/PE investing). Thanks for the help

 

I frankly don't know much about either of these groups, but figured I should mention that I know that the Menlo Park team is really busy, and the people who work there work really hard as of last summer. 

I don't know if that is the case now, but I know at least one person who went to tech BD from that team and at least one person who went to VC from that team

 

Awesome thanks! Accepted an offer there recently. Wanted to know if ppl thought it would be helpful to recruit for NY for full time. Heard that pipelines in bay are pretty poor.

 

EVR Menlo is really, really sweaty. 90-100 hours for the interns weekly. Last summer ~40% of interns are returning. I also have friends at EVR NY, and tech is supposedly one of the sweatiest groups in NYC as well. Really hard to choose between the two, but not for the right reasons. Exits are good though. 

 
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The play is to go after NY Media. They officially cover “Media & Information” so they end up doing a fair number of deals that you’d think would be covered by the Tech teams. They place lights out at MF and are a generally better culture than Tech. That said, better culture doesn’t mean it’s not sweaty. They do a ton of sell sides so you’ll be knee deep in processes which can get overwhelming.

 

A friend works in the NY Tech group. Ton of deal flow from mega caps to relatively small private company fundraising situations (especially in fintech with a new SMD who joined from Citi). Culture is rough but apparently it has gotten better in the past 12 months though it's still one of the worst if not the worst across all groups. Exits for analysts are top notch (BX, Thoma, Apollo, TPG, some HFs) so it doesn't sound like a bad deal if you are optimizing for great exit and pay at the expense of WLB and mental health for a short period of time.  

 

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