Working on a deal for the sponsor you’re joining

I’m currently a banking analyst who’s signed with a sponsor. I have the opportunity to work on a sell-side where one of the main potential buyers is the same firm I’m joining. I’m thinking this is a great opportunity to work with / meet my future colleagues, but are there any downsides or other nuances I should know about?

20 Comments
 

You have the job. You’ll work with these guys theoretically for the next 10-20 years. Why try to work with them from a compromised position of being an IB monkey. Why would you want their first impression from you to be as a junior M&A service provider. You can always work with these guys still and then actually as colleagues and make a good impression then etc. Why shoot a bullet now? What’s up the upside? 3 months earlier working with these guys? Totally irrelevant. But if you fuck something up even outside of your control you’re screwed. And as said not good for first impressions / general views on you whether you like it or not

assuming you’d even be allowed to I’d strongly encourage you not to

 

Hey guys! I’m a banking junior and got a buyside job! I know it’s been a tough couple years, but everyone gets buyside right? I’m totally not bragging.

Anyways, I have chance to work on a sell side with you new sponsor! Should I volunteer to do it?! I mean I know I’m just an analyst, but I’m soooo awesome that if I’m on a deal I will run point, and so I will get to interact with all my new colleagues.

So here’s the thing, what should I know about possibly working with my new firm? Should I keep acting professional? I’m so confused! What tips do you have guys?!

 

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