VC - Bus Development/Incubator Firm - Exit Options?

Hey guys, quick question for you. If someone were to land an analyst position at a business development/incubator type firm, where could they realistically go from there? Any other paths besides VC or a startup?

Just looking for some general advice as far as exit options. Thanks very much.

 
Best Response

I'm assuming you're refering to biz dev role at a startup. For exit options, if you're at a good company with smart / innovative C-level guys and even smarter engineers then maybe you'll nab some equity off the bat, work your way to a mid-level to sr. level position in BD, have a measurable track record of impacting sales and ultimately cash flows, and if you're even luckier you file an S-1 (or should say your accountants) in 5 yr's and take the company public. Now you've got a sizable insider equity position in the company which is on track for really attractive vertical growth, bankers are blowing you up non-stop w/ stupid market updates to try to get you to do a secondary offering / take out a revolver (you'll probably already have that) or pitching some acquisition scenario which you know is a terrible fit your company (plus organic growth is the new black, roll-up strategies is so tech-bubble-y) but you just take the meetings anyway because you like all the cool color scheme's these guys come up with for their books (plus it's always nice to know what the market thinks of your company). You go home (most weeks) at 6-7 and take cool vacations to Italy or Japan or whatever w/ your gf / friends and fam while you're financial counter parts are staying up till two on a Sunday at their PE jobs to get bid's in at , glued to their BB's , 5 yr's in, stepping away every 10-min's at a dinner w/ their gf's and long-time friends which are getting annoyed by their lack of interest and remembering why they don't really like them anymore.

Probably didn't even remotely answer your question, but we all have dreams. Good luck with your job search.

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Stringer Bell:
I'm assuming you're refering to biz dev role at a startup. For exit options, if you're at a good company with smart / innovative C-level guys and even smarter engineers then maybe you'll nab some equity off the bat, work your way to a mid-level to sr. level position in BD, have a measurable track record of impacting sales and ultimately cash flows, and if you're even luckier you file an S-1 (or should say your accountants) in 5 yr's and take the company public. Now you've got a sizable insider equity position in the company which is on track for really attractive vertical growth, bankers are blowing you up non-stop w/ stupid market updates to try to get you to do a secondary offering / take out a revolver (you'll probably already have that) or pitching some acquisition scenario which you know is a terrible fit your company (plus organic growth is the new black, roll-up strategies is so tech-bubble-y) but you just take the meetings anyway because you like all the cool color scheme's these guys come up with for their books (plus it's always nice to know what the market thinks of your company). You go home (most weeks) at 6-7 and take cool vacations to Italy or Japan or whatever w/ your gf / friends and fam while you're financial counter parts are staying up till two on a Sunday at their PE jobs to get bid's in at , glued to their BB's , 5 yr's in, stepping away every 10-min's at a dinner w/ their gf's and long-time friends which are getting annoyed by their lack of interest and remembering why they don't really like them anymore.

Probably didn't even remotely answer your question, but we all have dreams. Good luck with your job search.

Reminds me of the rant from Good Will Hunting:

 
Stringer Bell:
I'm assuming you're refering to biz dev role at a startup. For exit options, if you're at a good company with smart / innovative C-level guys and even smarter engineers then maybe you'll nab some equity off the bat, work your way to a mid-level to sr. level position in BD, have a measurable track record of impacting sales and ultimately cash flows, and if you're even luckier you file an S-1 (or should say your accountants) in 5 yr's and take the company public. Now you've got a sizable insider equity position in the company which is on track for really attractive vertical growth, bankers are blowing you up non-stop w/ stupid market updates to try to get you to do a secondary offering / take out a revolver (you'll probably already have that) or pitching some acquisition scenario which you know is a terrible fit your company (plus organic growth is the new black, roll-up strategies is so tech-bubble-y) but you just take the meetings anyway because you like all the cool color scheme's these guys come up with for their books (plus it's always nice to know what the market thinks of your company). You go home (most weeks) at 6-7 and take cool vacations to Italy or Japan or whatever w/ your gf / friends and fam while you're financial counter parts are staying up till two on a Sunday at their PE jobs to get bid's in at , glued to their BB's , 5 yr's in, stepping away every 10-min's at a dinner w/ their gf's and long-time friends which are getting annoyed by their lack of interest and remembering why they don't really like them anymore.

Probably didn't even remotely answer your question, but we all have dreams. Good luck with your job search.

That's fucking beautiful dude.

 

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