Which startup (hf vs pe vs boutique)?
This is just out of curiousity.
What are the outlooks and usual way of going about startups of each PE, HF, or a boutique bank.
I know that HF probably has the most risk. PE needs tons $$$$$ from others to start.
Both seem very risky/expensive.
But how possible is it to do either if someone has worked up the ranks of finance, but not in BB?
For example, senior partner/MD at a top MM PE.
I think the least difficult one, understanding that they are all difficult, is starting a boutique that could in theory grow to MM, right?
I am just saying that because there are so many boutique banks, everywhere.
Any opinions?
Just a thought.