Should Prestige Not Matter At All When I Found a "Cheat Code Job"
Analyst 2 in IB at a EB and was pretty confident like everyone else I was just going to go the standard UMM / MF PE route.
However, got super super lucky through a random linkedin posting for Strategy, and after passing the interview process and receiving an offer, my all in comp is about $245k, 9-4pm.
Feel weird not doing the whole "tryhard" and hardo route, but should I just throw all that away out the window and accept this job instantly? Seems pretty insane.
I mean I’m not employed but that’s pretty fire WLB and strategy (from what I’ve heard again I’m not employed) has room to move up and fairly quickly as well depending on the kind of strategy(the guy I know is in CMBS products)
Thank you.
Do you believe the company you have that offer at will succeed / is a creator of value? The answer to this question should drive your decision.
The most successful and happiest people I know are ones who believed their seat could create value and actually created that value. Prestige doesn’t matter (who cares if you create value) and WLB doesn’t matter (if you create value, you will rise fast enough the create your WLB).
100% accept it. If you're actually someone with drive/ambition (and not just tied to the golden path bc you have no idea what else to do) you'll find some great ways to spend your extra time and you won't be hurting for $$
Thank you.
I've been in a similar "coasting" job for the last ~year after getting up to the VP level in growth equity. It's mostly pretty good. I workout 6-7 days a week now, can accept almost any evening commitment no questions asked, and have plenty of money to finance my lifestyle.
On the "prestige" question, if you ask 10 people what's cooler between working in Strategy at Uber, etc. versus working at a PE fund they've never heard of, 9 of them will say the first one. And your finance friends will inevitably hit you up for intel on "operating roles" once they realize they hate their PE jobs.
If you were smart enough / worked hard enough to get to EB, be advised there are tradeoffs depending on your level of ambition. I get a little jealous of my friends still in PE closing new deals even though I know it sucked to get there. I also have constant anxiety my employer will realize I'm scamming them -- based on how much I'm actually working relative to what I ~could~ be doing -- and eliminate the position (they think I'm a genius and praise me constantly so this wouldn't actually happen). I also just don't feel as sharp as I used to and miss working on more interesting problems with smart people.
I think there's a >60% chance I stay in a role like this, especially as I get closer to kids, but the grass wasn't quite as green as I anticipated.
What's the firm name? Let's work together!
Take it. This would probably be the job you wanted anyway after your 2 years in PE were up.
Rolling up landscaping businesses to buy down your multiple and justifying paying 12x NTM ARR isnt for everyone. Jk congrats, should probably take it
Great advice - dont know why this got MS'd. Thank you sir.
Don’t fucking look back. Don’t even question it. Just enjoy your life man.
Reject the job. Then send me the application link. Thx
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