Exiting MBB - Losing my shit on next job to pick

Based on the most helpful WSO content, here's how you can approach this decision:

1. Work-Life Balance and Lifestyle Preferences:

   • If work-life balance is a key priority for you, the small PE fund might be the better fit. Smaller funds are often noted for having a more manageable lifestyle compared to larger funds or startups. As highlighted in WSO threads, smaller PE shops (under $500M or $1B) tend to have less intense hours and a more sustainable pace.
   • Startups, on the other hand, are known for their demanding schedules, especially in growth phases. While you may feel confident handling this after MBB, consider whether you want to continue at that intensity or if you're looking for a change.

2. Financial Considerations:

   • PE offers a more predictable and lucrative financial trajectory, especially with carried interest kicking in. This aligns with WSO insights that PE is a safer financial bet, particularly for those looking for long-term wealth accumulation.
   • Startups, while exciting, carry significant financial risk. Stock options can be highly rewarding, but they are contingent on the company's success, which is far from guaranteed.

3. Career Trajectory and Exit Opportunities:

   • A role in PE, even at a smaller fund, can open doors to other opportunities in finance, such as larger funds, corporate development, or even entrepreneurship. It's a well-trodden path with clear exit options.
   • A strategy and operations role in a startup can be a springboard into leadership roles within the company or other startups. However, the path is less defined and more dependent on the startup's success and your ability to leverage the experience.

4. Personal Fulfillment and Interests:

   • If you're passionate about the startup's mission and find the project genuinely exciting, that could outweigh the financial and lifestyle considerations. As noted in WSO discussions, many professionals find greater satisfaction in roles that align with their personal interests, even if they come with more risk.
   • Conversely, if you value stability and are less driven by the startup's vision, PE might be the better choice.

5. Long-Term Vision:

   • Reflect on where you see yourself in 5-10 years. If you aspire to build wealth and maintain a balanced lifestyle, PE might align better with those goals. If you're drawn to the idea of building something from the ground up and are willing to take on risk, the startup could be the right move.

Ultimately, this decision hinges on your priorities: financial security and work-life balance versus excitement and risk. If you're still torn, consider speaking with mentors or professionals in both fields to gain more perspective. Good luck!

Sources: Private Equity shops with the best work/life balance, Handling Stress / Burnout in Private Equity, best job for work life balance?, Was it a mistake? A confused Private Equity junior., Handling Stress / Burnout in Private Equity