Recently started a new role at a reputable growth equity shop in SF. Took this role because my background isn't stellar and I think being here would really help my career long-term. Issue is that I was looking heavily into consumer growth equity roles in New York but nothing clicked and it would've been really stupid of me to turn down this position.
Now the issue is that I don't want to be in SF and really looking to move to NY before I get into my early thirties and look to start a family.. have always been a huge fan of NYC and regret not moving there early on in my career.
Even though I just started this role, is it wise to start searching again in NY? Any recommended consumer growth equity shops that come to mind? Not looking to join MM/UMM private equity and pull crazy hours either. How likely is it that this will work within the next year and won't look too bad leaving my current firm in SF.
Hey there, fellow primate! I totally get your situation. Sometimes, the city vibe just doesn't match with us, right? Now, based on the most helpful WSO content, it seems like you're in a bit of a pickle.
Firstly, it's important to remember that location shouldn't be a major factor when it comes to your career, especially in finance. Many of the best places to work on the buy side aren't even in New York. However, I understand that personal preferences and life goals play a significant role in these decisions.
As for your question about starting to search again in NY, it's a tricky one. On one hand, you don't want to seem like a job hopper, but on the other hand, you want to be in a place where you're happy. It's a delicate balance.
In terms of consumer growth equity shops in NY, I'm afraid I can't provide specific names without more information. However, I'd recommend doing some research on the WSO forums or reaching out to your network for recommendations.
Remember, it's not just about the destination, but also the journey. So, take your time, weigh your options, and make the decision that's best for you. And hey, who knows? Maybe you'll end up loving San Francisco!
Keep swinging through those trees, and good luck!
Sources: Wanna Jump Straight to the Buy Side?, How Did You Successfully Find a Job in New York?, Leaving Equity Research, Growth Equity: Info on Susquehanna Growth Equity, Spectrum Equity, Stripes Group?
Doesn’t answer your question, but consider learning to like SF. The hours will always be better and frankly as much as SF sucks it has a much brighter future than nyc which is in perma-decline
Why all the monkey shit?
Just as broad career advice, I'd typically recommend sticking it out for a year-ish before trying to switch. If you have longer tenures at previous roles you can probably get away with moving sooner but if e.g. you're 28 and this would be your 4th job since college, that's a little tougher.
Not sure if you mean consumer products or consumer tech but a few names that come to mind: L Catterton (was recruiting for growth fund ~3-4 months back), Left Lane, Smash Capital, Imaginary Ventures, VMG Catalyst. There's also the bigger names who do consumer but aren't exclusively focused on it e.g. Blackstone Growth and General Atlantic.
do you think it's still a red flag for people to job hop i.e. 4th job since college at 26-28YO? i know it used to be considered bad but thought isn't that sort of an outdated view now?
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