Tech PE - SF/Menlo vs. NYC?
Would appreciate any thoughts / insights into doing Tech in SF vs. NYC and the long term prospects of both
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Based on the most helpful WSO content, here are some insights into doing Tech PE in SF/Menlo versus NYC:
Tech Focus: SF/Menlo is known for its strong focus on technology, given its proximity to Silicon Valley. You'll find a concentration of tech-focused funds and a network deeply entrenched in the tech ecosystem. This could provide a richer experience in tech PE due to the sheer volume and variety of tech deals and startups in the area.
Networking: The Bay Area is a hub for tech innovation, and working there could allow you to build a robust network in the tech industry. This could be beneficial for sourcing deals and finding job opportunities in the future.
Long-term Goals: If your long-term goal is to be on the East Coast, consider the portability of your skills and network. While tech is a global industry, the networks can be regional. However, strong tech PE experience in SF/Menlo could be valuable anywhere, given the universal demand for tech expertise.
Commuting: The commute to Menlo might be a consideration, but if the firm is supportive and the group is strong, it could be worth the travel. Many professionals in the Bay Area commute, and firms are often understanding of the logistical challenges.
Future Opportunities: Having SF/Menlo tech PE experience could be a strong selling point if you decide to move to the East Coast later. The tech sector is booming, and expertise in this area is sought after in financial hubs like NYC.
Cultural Fit: Consider the cultural differences between the West Coast and East Coast. SF/Menlo might offer a different work-life balance and a more casual business culture, which could be a refreshing change from the traditional East Coast environment.
In conclusion, while there may be some concerns about long-term location preferences, gaining tech PE experience in SF/Menlo could be highly beneficial and should not limit your opportunities down the road. The tech experience in SF is likely to be immersive and could set you up for success wherever you choose to go afterward.
Sources: Help Convince me to go to San Francisco, Q&A - 2nd year tech coverage analyst at BB in SF, Q&A - 2nd year tech coverage analyst at BB in SF, SF Tech, EBs NY vs SF offices
Thanks Bot, this is helpful honestly
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