OUT OF IB WITH FUNDING!! LFG

Best feeling ever. Out of the IB rathole working on my startup, totally worth the risk at the end. Didn't realize how good this feeling out of IB would be. Short stint but can't be bothered looking back anymore. For the juniors in IB, why stay?

4 Comments
 

Congratulations on your leap into the startup world! Based on the most helpful WSO content, many individuals share similar sentiments when transitioning out of IB. While IB offers high pay, prestige, and a structured career path, it often comes at the cost of personal time, creativity, and fulfillment.

For juniors in IB, the reasons to stay might include:

  1. Financial Cushion: IB provides a high, predictable income that can set you up financially for future ventures or life goals.
  2. Exit Opportunities: The skills and network gained in IB can open doors to PE, VC, or other high-profile roles.
  3. Prestige and Network: Working in IB connects you with driven, intelligent peers and builds a strong professional network.
  4. Structured Career Path: For those unsure of their long-term goals, IB offers a clear trajectory for the next 5-10 years.

However, as you've experienced, stepping out of IB can lead to greater personal satisfaction, intellectual stimulation, and the freedom to pursue your passions. For those considering leaving, it's essential to weigh the trade-offs and determine what aligns best with their long-term goals and happiness.

Sources: The Allure of Investment Banking, https://www.wallstreetoasis.com/forum/venture-capital/founding-a-startup-exit-opps-if-things-go-under?customgpt=1, Banking -> Startup PM on who SHOULD join IB, leaving IB, next steps...

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