Choosing between offers: CVP vs WB
CVP M&A vs WB PPA. Only considering the WB offer because have heard that PPA offers much better lifestyle with almost same comp. thoughts?
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What does wb stand for? William Blair?
Also wondering what WB stands for? It can’t be William Blair because this wouldn’t even be a question then?
I’ll break this down, it should be pretty obvious based on your goals. There are pros to each, but I’d argue CVP is what this forum would almost unanimously say is the correct choice. I think the world is more nuanced then many on this forum think and believe there are a few situations where WB would make sense, but otherwise centerview pretty undeniably.
1) Location: If the WB offer is in Chicago and the CVP offer is in NY or SF, the cities are very different to live in and will make different analyst experiences. I get this forum believes exits are the end all be all, but I think most people who are happy would disagree. If you have friends/ family in Chicago, going where your friends or family are is pretty rational. Also, if you want to be in Chicago longterm, beginning your life in the city and making friends/ getting familiar is pretty smart.
2) Comp: This forum loves to have a circle jerk about salaries, but truthfully your expenses are more important. The difference of living in Chicago versus NY is pretty significant and can’t be overlooked. CVP pays more, but taking into account the higher cost of living, it might be even with a CHI Blair offer all things being equal for analysts.
3) Exits, Prestige, Size of Deals: these all go to centerview undeniably. If your goal is to work for a megafund, this shouldn’t be a discussion—go to CVP.
4) Types of transactions: WB does more growth, CVP does larger deals. If you want to work for a growth shop—WB will be more relevant and will likely get you anywhere CVP would. Likely the prestige of CVP would get you anywhere Blair would.
5) Culture: I have heard CVP has great culture and they try to retain analysts. WB is similar. I would guess based on the people I know at both and previous experience, both places have assholes despite being better than average, with CVP having way more due to being in NY largely. However, you are out of your mind if you think WB will give better work life balance. The analysts at both places are certainly pulling 3/4ams and grinding on weekends. Likely it is going to depend on the transactions you get staffed on whether one would be better than another.
In summary, culture, WLB, salary, are a scratch. Location should be the only question on this one—if you have ties to Chicago do WB. Otherwise CVP.
Don't believe this is for the analyst program, because OP mentioned CVP M&A and isn't the analyst program generalist?
Generalist M&A. Could be private placements Blair and CVP associate. Either way, most of the above still holds true with a trade off where PPA will give you slightly less hours, but still a shit life. I stand by the above.
What is PPA?
Property, Plant & Equipment
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