Would a mid tier BB IB/EB position be better than this role considering it’s 80% sourcing (I.e. current associates said this)? I’m interested in growth equity more so than pe, but I’m not sure if it’s ideal to lose out on the technical modeling skills I would learn in IB. I’m thinking it may make more sense to go into IB first then growth equity.
| +89 | Nothing to do at work & bored to hell | 9 | 14h |
| +67 | Do people over-index on 'moats' | 22 | 6h |
| +52 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 14h |
| +44 | Biggest (avoidable) failures in PE Investments? | 25 | 8h |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 4d |
| +22 | What do you think of PE Value Creation Careers in 2026? | 5 | 2h |
| +19 | Senior IR Lifestyle | 3 | 5d |
| +12 | NY LMM PE Recruiting | 3 | 1d |
| +12 | Honest opinions needed about lateraling | 4 | 2d |
| +12 | How to approach Buyside Recruiting | 3 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I’ll take a pro-sourcing stance here as a growth equity associate myself.
The most important asset any investor has is internal benchmarks — being able to know what’s good from a metrics perspective, what business models are interesting, and what problems are beneath the surface or around the corner.
When you call 500 companies a year, review initial data for 200, and seriously work toward an LOI for 25-50 you develop that mental model a LOT faster than you do in banking or consulting where you might be on one project for a long time, and might only own a small piece of it.
Being good at diligence is an important skill too... but the best prep for being good at growth equity DD is actually doing growth equity DD on the buyside, not sellside advisory work for control deals in larger / more mature businesses.
Diligence skills are also much more commoditized than sourcing skills, and the latter is what people get hired for at the senior level.
If you know you want to do growth, you’d be dumb not to take what sounds like a great opportunity.