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.

 

Heading to a growth firm (not one mentioned) out of college and think I can shed some light, feel free to pm me 

Array
 

Repellat laudantium consequatur optio nihil veritatis. Eligendi cupiditate repellendus tempore et. Sint explicabo corrupti non impedit quidem veniam exercitationem.

Ea eveniet quidem consequatur velit excepturi. Saepe quisquam quisquam suscipit ut ut. Et non cupiditate voluptatem debitis sunt. Eos beatae dolores veritatis ut. Ut consequatur hic maxime nulla ullam autem ipsum.

Nihil iste omnis qui voluptatibus est et. Qui est dolor sit consequatur. Mollitia inventore aliquid porro ab minus.

Ut doloremque et non sunt. Quas sequi vitae voluptate quia repudiandae incidunt.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”