Is it worth going in to PE knowing I don't want to do it long term?
Similar to banking, I am thinking about working in PE for 2 years to have further validation on my resume and gain reps around deal sourcing and diligence such that I can utilize those skills in future endeavors. I think I know pretty certainly that I don't want to grind it out in financial services or investing long term, I would rather pursue a more entrepreneurial role, but I still think the work/life experience from IB/PE will be valuable even if I go down that path. How would you view/approach this? Also tbh I like the prestige for now, it affords me life experience I wouldn't have if I worked an easier job tbh.
bump
Bump
I think it's a great idea. If you want to do entrepreneurship long-term, it will give you experience at both sides of the table - investing and operating. Also, the prestige of doing PE on your resume will help. Lastly, almost every exit opportunity is at your hands after so if you don't know what you want to do now, you'll definitely keep all doors open.
Yes, this is what the large majority of PE associates are doing (gaining experience and bolstering resume for a more cushy gig down the road)
Bump. In same position and trying to decide if it’s worth doing an associate stint in PE
Fk it let's do it bro. Looking back once we exit PE it's only going to be a positive not a negative for the rest of our careers.
The only thing to add here - you can use this as an opportunity to get adjacent experience in something you want to learn more about, vs going to generalist MMPE where you bid on everything and suddenly pretend to be knowledgeable about a bunch of industries that you actually have no clue about lol. For example:
The above are pretty obvious, but can give you a second-order thinking of what you want to get out of the experience.
really good answer
Yeah you need to do it now or never. Most people are doing PE just for the experience and resume anyways, not for long term. Though even doing MFPE won't help you much with real operating roles in top tech companies.
I wouldn't do MF, I feel like MM is more applicable to real life
A bit my feeling too, you’re too far away from the “real” corporate engine at a MF
What did you end up doing - in a similar boat except already in PE
PE is a great place to get an investor mindset. A lot of the juniors on my corp dev/strategy team are ex-PE guys, including those formerly from my sponsor, and are rockstars! I think it's helpful to know how the sponsor thinks, especially when you're doing corporate work for a sponsor-backed company. I also know people who have made great careers as operators working on port-cos for a PE firm where they were previously associates in. If you know you want to do operating work, you would actively seek out these firms as they often parachute you into portfolio work with a lot of responsibility.
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