TMT Associate: Got Laid Off Today
I got laid off from a TMT boutique today given deal flow has slowed down so significantly because of COVID-19.
What would you advise for me to begin my hunt for a new job ASAP given the situation.
I'm an associate who has 3 years experience at a BB previously.
What do you mean by boutique? Are we talking about a CVP / EVR / Moelis / LAZ? Or a Liontree / Raine / etc.?
N/a
A much smaller shop.
Sorry to hear. Just curious, did you work at Madison Park Group?
HL RX is hiring
Sorry to hear this - is this in London?
NYC.
I am sorry for what you’re going through. No doubt this is tough. A couple of options: 1) try for a different coverage team (FIG is usually receptive); 2) cold-call / email a few early stage start ups that have had some traction with VC funding (just email the ceo and see if he’d be open to chat). Sometimes All the positionS aren’t advertised. Whatever you chose, If your finances permit, I would seriously consider doing a MBA. Better to go to a US school but if you’re in Europe, insead would be a good option.
FIG is pretty niche though, idk why they would be receptive when they’re the least like all the other corporate groups?
Same here.. small industry focused boutique in TMC that did mostly strategics. Only been here for 5 months. I'm fucked it took me months to get this and i'm 1 year out of undergrad.
man that is fuckin rough, I’m really sorry to hear that
hey my bank is hiring in TMT. let me connect you
Analysts too or just Associates? Would be huge.
no just associates with experience. sorry
believe my bank also has a TMT coverage spot open if you’re interested
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