Crossover vs. Traditional VC

Curious about the differences between working at a large crossover fund (Altimeter/Coatue/Greenoaks) versus a traditional venture firm (Sequoia/Accel/a16z). How much does pay differ? Hours? Culture? Do they recruit from different backgrounds/places? Is the day-to-day work different as well? Sorry for the question spam and thanks in advance to anyone who can help answer these questions!

Comments (5)

  • Analyst 1 in IB - Gen
1mo 

Bump 

  • Summer Associate in IB - Cov
1mo 

Bump on this as well

  • Investment Analyst in HF - Other
30d 

For crossovers - better pay at junior levels (though risk of blowups after this year, so TBD on forward looking expectations), worse hours, culture depends on firm. Hiring is more likely to be from traditional finance (IB / PE background) whereas a normal VC prioritizes startup / operational / technical (e.g., CS major) experience

29d 
Psil, what's your opinion? Comment below:

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