Q&A: Africa > BB IB in M&A > Corp Dev at a Tech Startup

Hi all, Thought i'd share my story, now that i have got the certified user star:

My background

Quite simply, I was born in east africa - and my family came to the UK when I was quite young to give a better life to me and my younger siblings. long-story short, I went through the public education system in the UK - and did pretty well for myself considering we were in a relatively working class neigbourhood/area where only a fraction of the population went to university.

Decided on a career in finance

At 16/17, I made the decision to focus on what I wanted to do with my future, and applied to many of the insight day programmes that banks/law firms/accountancy firms etc.. received the offer, and decided on a career in finance after speaking to a number of people in the industry and also on asking questions on forums like this.

How I landed FT role

After my a-level exams (17/18) - I spent a summer at a 3rd tier IB in back-office - which i was able to leverage to land 3 spring week internships at my first year in university (considered a semi-target in the UK). was able to do a markets gig over the summer at a BB, and an M&A gig in my penultimate year at that same BB which landed me the FT role.

Burned out from IB

Fast forward a year and a half, I decided IBD was not conducive to the lifestyle i want to live (I think burnout is a pretty common theme amongst analysts, and I've always just stuck to the thinking that life is too short to be doing something i don't want to do). I talked to my analyst class about careers outside of IB (initially though about the PE path, but a lot of the deals i had were with sponsors, and the associates seemed to have a pretty similar lifestyle to me and so ruled it out quite quickly).

Corp Dev

I learned of the world of corp dev, and began my search - interviewing with companies of varying sizes - large corporate / startups / SMEs. had a long convo with the CFO of one startup which i thought were doing quite interesting things - and a few interviews later with the CEO/Founder etc.. I now work under the CFO spearheading interesting projects (only 2 years after i graduated from university):

  • international expansion
  • optimization
  • m&a
  • fundraising

I'm currently 23 and absolutely loving it - great work/life balance, a lot of responsibility, and working with very bright management team (pretty much all IBD/PE/Venture Cap).

Ask me anything

I invite all questions, and also keen to hear some future career advice from my fellow users

WSO Mentors

Do you want a 1 on 1 mentoring session with me? Here's my mentor profile - click here.

WSO Podcast: Member @anonymnous"

For the podcast, I talk about my journey from East Africa to a front office M&A bulge bracket investment banking position in London as well as why I moved over to corporate development for a tech startup. Hope you enjoy (listen below)!

Listen on iTunes | Stitcher | Spotify | All WSO Podcasts

***Free WSO shirt given out to the first 50 reviewers for this new WSO Podcast (in iTunes) and then one for every episode after that!
 
Most Helpful
BobTheBaker:
How was it going through the interview/ hiring process being a black dude in Europe? How does this affect you getting acclimated with office "culture"? What are your career goals moving forward?

going through interviews felt fairly normal, as i was well prepared - i don’t think being black hindered me in anyway, as i was as qualified as my peers.

admittedly, the cultural differences were challenging.. i felt out of place. the three black analysts/associates on the m&a floor left a few months after i joined FT, but it was more so the class difference that made me feel out of place. i had nothing in common with people at the bank - so couldn’t really relate to what most people were talking about.

moving forward i’m not too sure, i’m happy with my current position, perhaps head of corp dev here within a few years.. currently seeing where this opportunity takes me and how i can help build this company.

"we do not reach the peaks of these mountaints, without first learning to give up our want to surrender" - shanke koyzcan

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