Q&A: 2 years MBB - VC

Question

Have some free time, so thought I'd do one of these. I am currently in my second year at Bain and will be leaving this summer to start an associate role at a VC firm. Happy to answer any questions, although I'd prefer to stay anonymous, so I may decline to answer some that would make it easier to identify who I am.

VCMonkey01 · Accepted Answer

That's a question that I could give a pretty long-winded, complicated answer to, but the short version is that I was interested in start-ups, but didn't want to jump directly into a role at a start-up.

VCMonkey01 · Answer

This firm was specifically looking for a consultant for this role, and they'd hired several consultants in the past. This firm likes to be hands-on with their portfolio companies, and this role will focus more on working with portfolio companies on growth initiatives as opposed to positions where sourcing is a larger component of the job.

VCMonkey01 · Answer

1) No, I don't think it did. Bain doesn't have as many smaller regional offices in places like Cleveland and Philadelphia as McKinsey and BCG do, so there's far less of a disparity across the system in terms of competitiveness. But I guess I can't really say for sure, because I'm not privy to the selection criteria they were using when evaluating my resume.

2) The pay is better than it would've been if I'd stayed at Bain. As for hours, I haven't worked there yet so I can't for say sure, but my expectation is that they'll be slightly longer than my hours at Bain on average.

VCMonkey01 · Answer

1) It varies year by year, and I can only speak to what I've seen in my office, but I would estimate that 70% of ACs stay for SAC year. I've heard through the grapevine that it's a lot lower in SF particularly because of all the cool tech jobs out there, but that's second-hand knowledge.

2) So, again, a lot of potential depth to this question, but it boils down to being interested in tech and companies in an early stage of growth.

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Q&A: 2 years MBB -> VC

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Q&A: 2 years MBB -> VC

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