T2 Consulting -> Tech Investing Options
Hi WSO -
I'm wrapping up my 1st year as an analyst at a tier II consulting firm. Most of my work so far has been DDs so looking to potentially jump to an associate role at a tech PE growth/buyout arms or traditional growth equity role. Hoping to get opinions, answers, and success/failure stories for the following:
1) Can Tier 2 consultants enter 'on-cycle' recruiting or will HHs tell you to take a hike?
2) I know unlikely to get a MF look, but is UMM possible for non-MBB consultants? Specifically - what do a Tier 2 consultant's chances look like at (a) SilverLake/Thoma Bravo/Vista/KKR/BX/BC ... (b) Advent/H&F/LGP/Golden Gate/Berkshire/Charlesbank?
3) Any smaller tech buyout firms that I can looking into?
4) My sense is that top growth shops like GA/NEA/Insight/IVP, and to some extent TA/TCV/Summit, all seem to recruit bankers and if consultants, MBB folks (probably from on-cycle). I have yet to see any associates on websites/linkedin from non-MBB so, is there a path for recruiting there?
5) I think the best strategy to entering this industry for someone without a banking/MBB background is to target the smaller growth equity shops many with sourcing models. Compiling a list of these companies and so far I have: Battery Ventures, Catalyst Investors, FTV Capital, Greycroft Growth, ICONIQ, JMI Equity (1), Lead Edge Capital, Radian Capital, Silversmith Capital, Spectrum Equity, Stripes Group, Susquehanna Growth(1), Volition Capital. Are any of these unlikely to hire consultants (right now - guess that list is FTV, ICONIQ, Spectrum)? Will any of the full list be sourcing-only at the associate level? Are any particularly good for moving 'upwards' to a KKR/BX/BC growth? Any others to add to this list?
(1) Outside NYC/SF/Boston
If you made it this far - thanks so much!
Hi Analyst 1 in Consulting, check out these links:
More suggestions...
Hope that helps.
anyone? XD
following
You can do LE, Radian, Spectrum, TA (may be harder these days), Summit, JMI, Mainsail, Charlesbanm, maybe Advent (you could get an interview at least)
Agreed - I think that list + Battery/Volition/Silversmith is the sweet spot for someone with my background. Curious if you have any thoughts on reputations and relative prestige of: JMI, Summit, Mainsail (good addition), Battery, Spectrum, Lead Edge
Est dolorum repudiandae rerum architecto. Ut enim ut qui veritatis dignissimos facilis rerum. Hic et praesentium atque mollitia rerum explicabo. Distinctio natus sed necessitatibus dolorem. Fugiat commodi eos non vel et fugit numquam distinctio.
Ab officiis nobis ea modi. Velit eius impedit cupiditate aut repellendus dicta numquam enim. Animi corrupti officiis distinctio voluptas molestiae nulla facere. Voluptate omnis qui perferendis sit temporibus deleniti harum quia. Unde mollitia iusto in enim consequuntur.
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...