IB TMT necessary for tech PE?
Looking at silver lake's website and most associates don't have a TMT background. I'm seeing people from consumer/retail, HC, natural resources etc. So you don't have to come from TMT?
Trending Content - Private Equity Forum
Career Resources
.
It can help but not necessary. I got a vista offer from a non tech background for example (just adding a data point since yours are all SL).
OK good. Would certain industries (energy) be a dealbreaker?
.
No only an interest in tech is necessary.
Any tips to what extent / how to demonstrate interest in tech if not coming from a tech background?
Look into existing portcos of the funds of interest and understand rationale on some of them / pick some favorites to do deeper digging on. Start thinking about any of the funds sub verticals that interest you and do some brief industry related research to understand how the underlying tech actually works, and then look into investing/PE specific trends / research for that vertical. Try to gain an understanding of how the approach to modeling / valuation could differ for a tech company, understand kpis / metrics relevant to tech co's, etc. Articles / reports like the one linked are helpful if you control f for software, technology, etc to understand trends and multiples. From an interview perspective, your interest in tech will come through if you ask insightful questions about portco's / you give insightful explanations on why you are interested in tech investing or a specific portco https://www.bain.com/globalassets/noindex/2021/bain_report_2021-global-…
Are tech IB candidates favored?
Yes- all posts above are true. You don’t have to be in a TMT background, but if you’re not coming from a top bank, you better believe it helps.
Est incidunt sit veritatis harum quisquam repudiandae. Provident dignissimos provident ut placeat alias et sit corporis. Possimus consequatur fugiat et perferendis.
Unde accusamus nihil facere et sapiente earum ab molestiae. Omnis accusantium ut dolorum laboriosam possimus saepe. Non dicta sed ea aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...