Tips on how to move to NY
Hi guys.
im currently a undergraduate student in London at UCL. I want to try and break into consulting or one of the finance fields (IB HF PE). However, I don’t want to get a job in London because the pay is absolutely terrible. I also have larger goals of starting my own tech startup and the US is the best place to do that in my mind since it has the most number of VCs and highest startup funding available. Also from what I’ve seen so far there is a lack of innovation in London. Students would much rather go for a 9-5 than create something of their own. Overall I think the US is much better for startups.
is there any way I can break into NY in these fields?
thank you so much!
Ok, I know you mean relative to the US, but you're vulgar for saying the pay is absolutely terrible. You have minimal skills, and yet an AN1 on £60k and a 50% bonus (which is pretty middle bucket) is in the top 5 percentiles of UK income. In a couple of years you'll be in the top 1:
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99…
That aside and not commenting on any of your other perspectives, there's two main options. (A) Graduate from a US university (transfer or do an MBA - there is much less prevalence of MSc programs in the US but go for it if you find one). (B) Join an international bank and transfer internally once you've proven yourself.
Judging by the way you write it seems as if entrepreneur porn and the whole laptop lifestyle have got to you.
How about instead of planning to move to NYC you start the business tomorrow.
15 Jan start it and see how it goes.
I would if I could.
I lack the technical skill set. I’ve tried to learn coding myself but it’s just not that interesting for me.
so far I haven’t had much luck finding a technical cofounder in London.
it’s a cybersecurity startup idea so having a technical cofounder is essential.
My fund invests in cyber among other things. I would encourage you to at least learn how the large cyber companies work. What do they do? How were they built? Companies like Palo Alto Networks, Crowdstrike, and Sentinel One.
You don’t need to be a top tier coder but at least get familiar with one or two coding languages used to build cybersecurity companies. Speaking more intelligently about the technical aspects will help you find someone smarter than you to complement your skillset. If you can’t even conceptualize how you would build an MVP without a technical co-founder it doesn’t seem like you want it badly enough. Founders build. If you’re more of a conductor, make sure you have immense Steve Jobs retarded-charismatic-genius energy. Rare breed. Best of luck man.
Of all the replies here yours was the best. Thank you so much. I understand that most of the people here have that banking personality persona which leads to shit personalities, that’s why most of their responses just aim to drag other people down.
youre an exception. Once again thank you so much.
I don’t understand one thing though. There have been a lot of people like jobs who know little to nothing in the technical side, but they’re equally valuable.
from what I’ve read jobs was just an amazing manager and effective marketer. But what I don’t get is why are people like him branded as “rare”. He had a vision, he knew what he wanted, he knew how to execute. Wozniak built the product. Jobs sold it.
So why is jobs an anomaly?
In this day and age, you cannot conduct without a solid technical background anymore. Let’s take music as an example. When melodies were simple and rudimentary, somewhat who had a good ear is probably able to conduct a good performance. However as music moved into the romance period and became more complex, you needed more than just a good ear to conduct or else everything would be a jumbled mess. If you were able to be immersed in that growth for its entirety, it doesn’t matter if you started off with nothing since you will learn just by diffusion.
Also, coding will help you stop making stupid derivative products based upon already established products. All the college network apps have been tried and tested and all fail since they’re just some form of Facebook, Snapchat, instagram reskin. Coding will help you look at theoretical concepts, let’s say P2P, and identify where they could be applied to since you know what it is fundamentally.
Also good luck with VCs. When I interned at Sequoia/A16z/Accel, founder background was just as important as the product. If it wasn’t technical experience it came down to track record. And you currently have neither
First of all, what does a technical cofounder gain from working with you? Since you have no experience/track record in finance, strategy, or something else, the only thing you might offer is vision, but even then I would argue that a technical cofounder would probably be better off just toughing it out themselves, which also offers them more freedom and flexibility. I've talked about founding businesses with a good friend of mine but we've both decided that it would be better to gain some experience first before coming back to the idea.
Also, the move from UK to US for finance seems to be pretty difficult when UK schools aren't really seen as on par as US targets. But I understand frustrations since all my mates that stayed to go to Oxbridge/UCL all seem to be working at a Big 4 for some reason.
why is that?
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