Should I drop out of my MBA to join a startup fund?Subscribe
For context, I’ve worked in PE for a few years out of undergrad and am currently starting my first year of an MBA. I have wanted to get my MBA for a while, but I do like working and, well, making money.
I found out that a former colleague of mine is raising a new fund and needs an Associate. I’ve worked with them before and they have indicated explicit interest in having me onboard. They’re great to work with and the role sounds interesting plus comes with carry.
The caveat is that the fund hasn’t closed, so it would be on a temporary contract that converts to full-time at close with the overhanging risk of not being able to complete the raise. Then I’d be out of luck and a job.
I was curious if others had any advice on this and what they would do? Or even questions you would ask yourself when considering this option. Thanks :)