Miserable in IB, want to quit right now, can I recruit for VC while "unemployed"?

Current First year at a really good bank in NYC. Want to leave ASAP. Just got my bonus. 


I just have had no time to look into funds, do industry research, get interview ready, etc. Is it possible to quit on the spot now (I would be so so happy) and just take my time and recruit on my own? Will shops even know I am "unemployed" right now? Would I disclose that? 


Anyone have any advice? 

 

Exact similar situation. No idea how to leave this job without quitting and being unemployed first

 

Much easier to get a job while you have one. The first question they will ask is why are you unemployed, what happened? And if you just say you were miserable and didn’t like it. They will assume you will try them out and if you hate it, will do the same. Try to push back on staffings, develop relationships with your associates so they can hold it down for you while you interview at places. Make the time to do your research and recruit. Gotta find a way to make it happen

 
Most Helpful

Would advice against it especially during this market. Secure a job before doing anything. I also quit from a top shop and it took me over six months to get a new job. I was well prepared for interviews and got a lot of looks and final rounds but unfortunately the candidate pool was competitive and had more industry experience than a second analyst that had quit. I also was targeting vc/ge and ended up having to accept another decent offer in something non tech related

 

Similique rem sequi ex et omnis molestias in. Ex omnis quisquam neque et. Tenetur saepe eligendi voluptas quibusdam et.

Qui unde et rem molestias. Omnis voluptas aut vitae labore velit.

Odit dolores doloribus et blanditiis perferendis architecto voluptates. Ab eos eum ipsa non pariatur veniam consequuntur. Minima esse officiis harum voluptas. Sed quaerat quia ducimus tempora eaque error.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”