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?
Humble brag posters get the rope
Don’t do it. Only downside. How would this possibly be a good idea
Can’t figure out if this is sarcasm or not but if not, care to elaborate?
Well, imagine if you do a really shitty job as the sellside analyst. It doesn't mean the offer will be taken away, but you might come in with bad first impressions.
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
following
At my BB you were prohibited by compliance from working on a deal where your future employer could be involved.
It’s a conflict of interest
Be more of a tool why don’t you?
U seem like a pretty bitter person judging by your comment history. Hope things get better for you man, wishing you the best.
Says the loser bragging anonymously to an Internet forum lol.
What am I bragging about? Joining a PE firm after banking? Like most banking analysts? This is the situation that I’m in right now so trying to get advice. As a director in IB I’m not surprised you’re so bitter but just feel bad for the analysts u got working for you.
Because your question is so asinine, it’s has to be bragging.
Can’t do much about that man I have a very low IQ and was dropped on the head as a baby. Can only hope one day i will reach your level of omniscience
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?!
Like I said, wishing you the best man. It’s bad form on my part trying to put down a person who’s clearly already so fed up with life. Hope things get better for you.
Consectetur vel sunt officia temporibus ipsa quia. Eum asperiores consequatur ipsam autem autem et velit. Natus sit blanditiis et dolor.
Eos est dignissimos recusandae corporis labore velit. Deleniti blanditiis sint molestias. Vel dolores deserunt sint maxime error unde dolorem. Fugiat vitae impedit esse qui.
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...