Low-tier BB Tech IB in SF or NYC BB Coverage for VC/Growth?

Hi everyone. I'm interested in recruiting for growth PE and VC after IB and I understand you're more competitive to do so if you were in tech or healthcare coverage.

Right now, I'm an incoming IB SA at a low-tier BB (think Citi, Barcap, CS) in NYC. I've been thinking about trying to lateral internally to my BB's Tech group in SF but I understand that the tech banking scene is dominated by Qatalyst/GS/MS/JP.

Would I be better off recruiting for VC/growth from a low-tier BB tech coverage group in SF or a "more prestigious" non-tech BB group in NYC? For example, Citi real estate is better than Citi tech, Barclays energy is better than Barclays tech, CS Sponsors is better than CS tech - this is what I mean.

Any feedback is very much appreciated.

 

This is a tough question. I guess it depends on the disparity between the two exact groups and how relevant/irrelevant they are to tech.

Obviously Barclays energy would be touch because despite how strong the group is it's just not a great gig to spin yourself as a tech guy. If you're in M&A or consumer it might be easier, although it probably helps to be in tech still.

 

DB does well in certain areas too, don't think any BB is really really weak in tech given how much biz there is to share

 

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