Urgent: Advice Needed on SA 2020 FSG BB Offer vs. Top-Tier Tech Recruiting

BigWSOKid's picture
Rank: Baboon | 101

Hi everyone,

I currently attend a West Coast target school and recently received an SA 2020 offer from a solid west coast FSG (think CS LA, BAML SF, Barclays LA). However, I am not 100% sure on whether to accept. To give context, while PE exit opps at this office are definitely great and I don't mind going to PE, I want to eventually work long-term in venture capital. To be honest, I am not sure how feasible it is with an FSG background; people have told me that TMT coverage would be better suited for placing into top VC funds.

Personally, having interned in tech and VC before, I believe I have a strong-enough experience to secure first rounds with strong tech groups (GS, JPM, Evercore). Getting the offer is a different ball-game, but I think I'd have a decent shot. The real issue on my mind is that their timelines don't start until after this current offer expires, which is in 2 weeks.

What would you all suggest I do? Should I accept the offer and try converting FT, decline and keep recruiting, accept and keep recruiting (is this option common/reasonable?), or anything else? I would really appreciate some advice, as I honestly can't make up my mind with what I considered so far.

Comments (6)

Most Helpful
Jun 6, 2019

This should help. https://www.wallstreetoasis.com/forums/should-i-ac...
Your group is already FSG, the best group at a "tier 2" firm, so just take it. You might end up with no offers if you wait. Acceptance rates are already less than 10% at those top firms.

Array

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Jun 8, 2019

This thread is very informative, I appreciate you linking it to me. Yeah, I will probably go with this offer because, apart from the quality of the group, I personally think the culture's pretty solid. Thanks for the advice.

Jun 6, 2019

Just decline it or else you will continue to second guess yourself.

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Jun 8, 2019

Thanks for the advice--much appreciated!

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Jun 11, 2019

Curious, what did you end up deciding?

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Jun 11, 2019
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