Abandoning Private equity
I have now spent 3-4 years at a topfollowed by 2 years at a upper MM private equity fund. Making about $500k all-on cash comp and just starting to get carry. Likely going to give that up to do business school (interview with HBS and waiting to hear back from GSB). After business school I want to do something more entrepreneurial (either founding a start-up or some form of financial roll-up / search-up). There is just so much capital out there right now and feels relatively easy to secure funding.
Am I crazy for giving up my position that I worked so hard to get to? I just don't want to grind it out to PE partner but rather do something for myself. In short I feel like a 5% chance of making it big outweighs the 60% chance of successfully grinding it out to PE partner (and being very well of but not crazy well-off).
Anyone in a similar position?