Startup HF straight from undergrad
I am a current rising sophomore studying at UVA/UMich and given that recruiting is starting soon for junior IB SA internships I was contemplating my career possibilities post graduation. I am very interested in joining a startup HF out of undergrad, despite its risks (low pay and opportunity cost), but I had a few questions I was hoping someone could provide some insight on. First, if the fund I was at imploded after a few years, how would top business schools (HBS/GSB) be responsive to my situation when applying? Second, what would be the best way to find early stage startup HFs? Would it be strictly word of mouth? If anyone has any knowledge about this career path it would be much appreciated.
These funds will be tough to find, and if they’re willing to hire you out of undergrad then it’s a negative sign because now good fund is hiring a random undergrad. Beyond that, if it fails you’d likely be fucked. You’ll get no training and have no name recognition on your resume.
Removed
.
For every 1 case like the one you describe, there are 300 abject failures where the small fund failed and ended up shuttering. It is a lot harder now than it was 20yrs ago.
It's not just about the risk/reward, but about the probability of failure vs success.
Aut possimus accusamus vitae similique velit rerum aliquid iure. Vero praesentium cupiditate quis delectus aliquam sit id.
Qui et eos nesciunt esse. Autem dolor qui omnis maiores.
Exercitationem qui perspiciatis est ut quasi. Sit quo et aut sint. Molestiae aliquam autem libero inventore consequatur ut debitis.
Quae sint nam ad et doloribus aperiam. Laboriosam rerum qui minus provident dolores consequuntur. Quaerat consequatur dolores quis a itaque veritatis sint enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...