Skipping on cycle?

Currently a first year debating whether or not to do on cycle from GS/MS  

don’t feel anywhere near ready to commit to on cycle, but am afraid that if I don’t I’ll be fucked if I change my mind later. I also don’t want to do a third analyst year cause my groups a fuckin sweatshop, so doing on cycle as a second year isn’t really an option, so I’d rely on off cycle opps that still align with the 2-and-out IB timeline.

Are you screwed if you don’t do on cycle? Specifically targeting growth and VC which may be a benefit since less participate in on cycle (esp VC)  

How does off cycle even work for VC/GE?

do reputable shops still participate? Is it headhunter or network driven? Does hiring happen in advance like on cycle or whenever needs occur?

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