Want to move to PE/VC from BD...
Dear nice people, please help me. I do not know if I am making the right decision.
Currently, I am working for a private tech company in a business development role. I have had product management background in various tech companies as well, I must say, I am can provide a comfortable life for myself and my family (wife and kids). I make 225K a year including everything. Now, for a couple of years, I have been really thinking about moving into VC or PE careers. I have talked to a couple of firms in town, they immediately reject my applications because of the lack of banking experience I have.
Even though my current job is fine, it can be boring sometimes. I want to have more opportunity to push myself and get rewarded significantly better. My goal is to work hard, but also get paid a lot if I can make the company a lot of money. I also like to work on new things all the time hence my desire to switch into investment career.
I know that VC roles pay less than PE roles. My issue is that I cannot take a huge pay cut. I got offered an associate role in a VC company. The offer was for 110K. There was no way I could have accepted it. After that I started to focus more on PE roles, however, as I mentioned before, not having a banking background haunts me.
I should mention. I am in my mid 30s.
What would you do if you were in my position? How would you position yourself to get into a PE role?
Fugiat beatae nihil dignissimos amet illum asperiores accusantium et. Consectetur quod est doloremque iure veniam placeat. Laboriosam officiis modi atque totam et enim. Aut quam numquam ipsum a. Ab sit est nulla est.
Est libero velit maiores sed possimus eaque. Et ad a nihil quas et. Placeat officia voluptatem odio ea quia consequatur quidem eos. Natus omnis iusto blanditiis tempore necessitatibus sed qui et.
Nisi voluptas commodi sapiente quidem quaerat recusandae amet. Dolores incidunt alias odio optio aut quam. Architecto et eaque odio accusamus. Quia nostrum nemo voluptatibus excepturi et eum autem. Porro labore a asperiores. Assumenda numquam modi deserunt rerum autem temporibus placeat in.
Et non fuga excepturi necessitatibus facilis. Dolor nihil debitis rerum qui quo. Eum aliquid cum dolorem molestiae delectus est sint. Aliquid consectetur quis sit id earum qui sit.
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...