+1 Bump BillHwang69420
+1 I have been in this industry close to 10 years now. In short, founder experience helps especially at smaller funds since they get heavily hands on and there are a lot of fixing and professionalizing the business. room701
+1 As one "old guy" to another, it's always good to have experienced folks giving back to the community. I'm interested in how you manage the team since that's a system that, done right, compounds quickly. Determined
+1 Almost every fund vintage that bought companies from 2017-2021 will not clear hurdle IRR. SOFRsoGood
+1 Yup. My experience at BBs has taught me that credit agreements and covenants are just guardrails for legal purposes. We can literally do anything we want. Waivers, forbearance, amendments, etc. Associate 3 in IB - CB
+1 UBS going to keep dropping VP in IB - Cov
+1 Rick KaneOzymandiaKathleen didn’t make it CEO in RE - Comm
+1 I would probably just skip MBA and look to move back into finance without it. Could probably shoot for more VP level roles. Amazon Prime
+1 Re: only IB Emory is a great option if your goal is IB. As someone who went there, no firm is out of reach imo. With that said, there’s a good amount of kids recruiting and you may end up one of many. Prospect in IB - Gen
+1 You think you are funny kid? Analyst 2 in IB - Gen
+1 you've got time, don't spend your senior year stressing over this. most buy side recruiting runs through headhunters and the timing shifts from year to year, so you can't really plan around a date from where you are now. LedgerShelf
+1 In the conversation, I wouldn't try at all to make too much of the founder experience. portelizabeth
+1 Leaving at the 1 year mark is fine if you have a clear reason, and since you want to start your own things later, a practical skill like marketing can really help. patrickjane2
+1 100% agree with this. First job - great manager but didn’t like the role anymore. Second job - interesting work but manager was not a good fit for me at all. Associate 3 in RE - Comm
+1 If you’re smart and well networked you’re never pigeonholed.2. Most people are not smart and well networked. ravena
+1 You need to just man up and make the time, push back as needed. Find spots in the building you can take calls, give the team less of a choice and just lmk you will have to work from home or something.  lbarry
+1 Dk much abt Ivey, Cornell is a great school regardless of major. Do not consider litigation in decision abt career, will subside soon. Recruiting inside US from NY state vs Canada (shithole),,, Go Big Red!! nantucket_pipeline
+1 PM in HF - EquityHedgeGreat thread and thanks for doing this. Couple of q's: PM in HF - EquityHedge
+1 Honestly, the fact that you say you're excited to wake up and go to work everyday despite the paycut/uncertainty pushes me more bullish on this opportunity... cannot live another year dreading waking up every day. Investment Analyst in PE - Other
+1 MBA is useless unless you’re at Target FP&A and want to get into banking/consulting or you’re in PE and your firm is making you get an MBA to stay on. Principal in PE - LBOs
+1 Buddy you are delusional.... "My long term goal is PE, then the obvious dream of opening my own shop". Why is PE your long-term goal? Avanc
+1 stockbondanalystThanks ! PM in HF - EquityHedge
+1 . SMU Final Boss
+1 Internal transfer with L1 visa is the only viable way in this regime. MBA is totally useless for S&T, and getting a job as international student is hard as fxxk.  Associate 2 in S&T - FI
+1 Associate would be worthwhile; analyst isn’t (gives no credit for your banking stint and only need to stay 1 more year to get associate instead). SaaSChimp
+1 Like I said, LevFin is fringe IB. Most of their deals / work don't require any modeling and yes they do no left leads. Even there, next to no M&A financings either.  Analyst 1 in IB - Gen
+1 Few went to some corp dev roles. Haven't forensically looked at their exits lately, but think some decent MM (possibly the odd UMM / MF) IR exits are obtainable. Analyst 2 in PE - Other
+1 Analyst 1 in IB - Gen serendipity123
+1 What the hell is this slop? I can't even call it ai slop, the formatting woulda been better lol Analyst 2 in IB - Gen
+1 It’s likely if you get one of those you’re not in a good group… Associate 1 in IB-M&A
+1 Apollo has great promotion odds because 80%+ of their associates would rather cut their own arm off than stay. VP in PE - LBOs
+1 top bucket vps have significantly easier lives than both junior bankers and mid/lower bucket peers ShooterMcGavin11
+1 Way more stressed at the principal / director level than I was as an associate. ravena
+1 The “group” and fast money is usually right most of the time though. stockbondanalyst
+1 Sounds like Wells Fargo. Don't think the kid was in IB but I don't work there.  Analyst 1 in IB - Gen
+1 Doctor, easily. Residency pays terribly, can drag on for years, the culture can be just as abusive as IB if not worse, and you’ve got the matching system to deal with on top of it. VP in PE - LBOs