Am I crazy for not wanting to do Private Equity

Don't get me wrong, amazing compensation and killer career opportunities. But what if you're not very type A, and more creative? If you manage to get a dream role in VC or something that's a better fit for you right after IB (but lower pay and gasp "prestige") would it be better to do that right away if you're confident you'd be good at it, or to do PE first?

Keep having first round PE interviews, keep advancing the rounds, but just don't feel that I "fit in" and think I might get bored of modeling all day. Also have heard it's pretty much banking 2.0, and I don't really like the hierarchical culture and detailed nature of current work.

Wondering if something is wrong with me, since everyone else seems to want to jump on the PE train. Any thoughts or similar struggles?

Comments (7)

  • Associate 2 in PE - LBOs
1y 

it's pretty much banking 2.0, and I don't really like the hierarchical culture and detailed nature of current work

Correct 

Wondering if something is wrong with me

As a woman once told me, knowing what you like is not a bad thing

If you manage to get something that's a better fit for you

If the shoe fits, wear it 

Most Helpful
1y 
franco, what's your opinion? Comment below:

PE requires a lot of discretionary effort so if it's not something you are pumped about then you may not end up doing that well.

VC is very interesting, more people oriented and firm cultures tend to be better.

There is plenty of prestige and comp (via carry) in VC as well but it's just a bit harder to break into.

  • Analyst 2 in IB - Cov
1y 

Thank you for the insight! I love meeting new people and also diverse groups (entrepreneurs come from all sorts of places) so think that would be a better fit if I can do well in these interviews.

Funniest
  • Analyst 1 in IB-M&A
1y 

Yeah something is wrong with you. Everyone should want to do PE over anything else

  • 2
  • Associate 2 in PE - LBOs
1y 

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Career Advancement Opportunities

February 2023 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 98.9%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

February 2023 Private Equity

  • Ardian 99.5%
  • The Riverside Company 98.9%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

February 2023 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 98.9%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Ardian 97.4%

Total Avg Compensation

February 2023 Private Equity

  • Principal (8) $676
  • Director/MD (22) $599
  • Vice President (84) $363
  • 3rd+ Year Associate (85) $276
  • 2nd Year Associate (192) $264
  • 1st Year Associate (369) $227
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (78) $133
  • 1st Year Analyst (224) $122
  • Intern/Summer Associate (30) $80
  • Intern/Summer Analyst (283) $58