GS TMT / MS Menlo Tech vs EVR / CVP
Fortunate to get offers from one of CVP / EVR (both NY) and one of GS TMT / MS Menlo Tech. (early through womens program recruiting)
Originally wanted to go to a boutique, but I'm interested in TMT and obviously these BB groups are top. Not sure what I want to do later, but I think I will probably stay in IB / PE / HF and so I'm not super worried about not having the GS/MS name brand.
More background - I am from a target school with a large community of juniors and seniors at the EB, but no one within the specific group of interest in GS TMT NY / MS Menlo. Not sure how much this should matter.
Appreciate any advice in advance!
bump
Have experience with the tech banking scene in SF so can shed some light there. I think there are three considerations:1) Level of interest in tech-focused exit opportunities. MS Menlo/GS TMT exits tend to focus on (in no particular order) growth equity + late stage venture, tech-focused PE firms, and tech buyouts like Vista/Thoma/SL. I would assume most exits from Evercore/CVP NY are focused on traditional PE. Not saying you can't get traditional PE from GS or growth from CVP because of course you can, but these exits listed tend to be more structured given the nature of candidates self-selecting. Assuming you want to stay in banking, however, I might go with CVP. 2) Type of workYou're going to get grinded at any of the places you listed above, and GS and MS are both known to be two of the sweatiest shops in the Bay. Unless you are deeply interested in tech (which it appears you are), it'll be tough to stick out 2 years at one of the tech banks you listed. Same goes for your NY EB offer and the industry you end up in. Personally, I find tech deals far more interesting than other industries (and at the BB you listed their clients are usually "sexier" like MS did the Uber IPO and GS works with every hot tech company). 3) LocationMenlo Park sucks. I can't imagine living there as a 22 year old. Assuming your offer is GS, SF is slightly better but most people have strong opinions on the city so maybe visit for yourself. I personally love NYC, and most of my friends from college are/did end up there as opposed to SF.If I was in your position, I'd go with GS/MS because my passion for tech > my dislike of SF. That being said, if you're set on being a career banker, go to CVP. Maybe someone at CVP/Evercore can shed light, but doing IB long term at MS Menlo/GS SF is unsustainable.
Thank you! PMed you
Can't think of a single better place to be within finance other than GS TMT / MS Menlo if you're interested in Tech. Can't think of a better place to be even if you're not as these have the strongest deal flow and do the sexist deals.
However, if you end up at CVP / EVR you will build a stronger finance skillset and NY >>> SF.
So GS and switch to NY Office after a year
Sf sucks but GS is sooooo much better
Source: GS banker
Hey! If you end up picking GS SF TMT, feel free to PM me. I accepted me offer last week and would be down to meet other SAs!!
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