Exploding Offer - Off Cycle
I recruited off cycle for a MM fund (latest fund $1 - $2bn) and was given an exploding offer. Offer expired after 24hrs and was contingent on me cancelling some of my other interviews. Is this normal for off cycle and for a MM fund?
Bump
Exploding offers are normal for PE. Some places make you accept/decline in the office before leaving.
Is it typical that they only give 24 hours?
Very common! Congrats on the offer!
24-48 hours is normal for on-cycle. Off cycle maybe a little longer but still normal.
I thought with on cycle you had to accept or deny on the spot?
If it's within the first week and at a MF, then yeah, but otherwise you should get 24-48 hours.
Did you end up accepting the offer? And any more info on the firm (geography, industry focus, etc.)?
Est pariatur ut ut rem velit provident voluptatem ab. Nemo ut eaque quos totam amet officia vitae.
Veniam in vel sit velit numquam dolorum. Quaerat dolorum non sed voluptas consequatur esse. Labore expedita officiis molestiae dolore provident commodi animi. Dolores error saepe vero molestiae. Repellat cumque qui velit quo maiores. Dolores commodi dolor minus quibusdam. Soluta repudiandae voluptate dolores molestias ipsa quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...