My understanding is that both boutiques focus on the media/entertainment space and have an investment arm (merchant banking model). How do they stack up against each other? Which firm would you rather work at?
| +384 | Evercore Intern Seizure | 59 | 2h |
| +75 | JPM M&A is Gone??? Purely Coverage Banking??? | 35 | 7h |
| +64 | Is DCM actually underrated ? | 27 | 6h |
| +53 | How do I understand vs. just memorizing? | 10 | 2h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +42 | Associate & Above IB exits | 17 | 1h |
| +37 | The good and bad with Wells Fargo | 7 | 5h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 17h |
| +29 | Tech to IB Pivot | 20 | 6h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Don’t think it’s so black and white...personally would take liontree over raine in a heartbeat (turned down Raine offer as they recruited so early)
I’m questioning why the first few comments suggest Raine is the clear choice here. Like the guy above, I’d take LionTree too.
Raine is a cool shop that offers untraditional experience. They’re a true merchant bank and offers a unique vc/geographic rotation program. That said, Raine’s focus is on growth equity and financing. LionTree seems like a much better option for someone who’s trying to gain a traditional M&A experience. Moreover, Raine is a career move. Most people stay on to become associates at Raine. Unless you really love media, it makes sense to do 2-3 years at LionTree and move onto buy-side shops that are better than Raine’s growth arm.
There are lots of Raine fanboys on WSO. I've seen people go as far as to say they'd take Raine over most BBs and EBs. Sure, they're an interesting firm with a great reputation in media. But, seems quite overrated IMO. FYI, I go to a target on the east coast and went to their info session, so I've heard their spiel. I'd take LT over Raine for similar reasons mentioned ^.
This site is so weird sometimes. I'm a bit older with no skin in the game, but I've worked with Raine teams on the investment banking and merchant banking side. All positive experiences - friendly people, work on very interesting deals, have touchpoints everywhere in the industry, and it seems like people stay there or exit to great opportunities in media. Sure, if you want a traditional finance experience and that kind of optionality maybe there are better options, but it's a self-selecting pool. If you're interested in media, I don't know how it's overrated.
Dude everyone here has pretty much acknowledged that Raine works on interesting deals and offers unique experiences. I don't see anyone on this thread saying people at Raine are not "friendly" either. We can acknowledge these things, but still say Raine is overrated when you see college kids and incoming analysts say they'd take Raine over Q or some BBs/EBs on WSO.