Currently a software engineer at FAANG (four years out of college) interested in getting involved in tech private equity. To reset my career, what is the most efficient route to get there? MBB -> PE?

like
Posting as :
works at
You are currently posting as works at

Banking is your best bet into PE - Qatalyst, Goldman TMT, EVR are all great ways to break in.

like

I've tried LinkedIn but don't know how to get responses from bankers.

Why PE and not VC? Given your tech experience wouldn’t that be a more natural and easier transition?

like

much less structured in terms of promotion*

Stay clear of consulting

like

why is that? i thought MBB places well into operations-heavy PE firms like Hellman and Bain Cap.

like

I’m curious why you’re interested in moving to PE from tech - I’m considering doing the opposite

Comp is better (or at least there’s a higher ceiling). However, keep in mind rising up in PE is as, if not much more political than tech. It’s super hierarchical at most firms. A bad week is 100 hours (although the average is realistically around 70). Keep in mind, at megafunds, you are not at all learning how to manage an organization. Most megafund PE roles have a fairly small operational component.

You start making more than tech as a principal / Vice President, but most people don’t get there. It’s up or out.

like

Related Posts

Does being an experienced hire MBB analyst/associate put you at a disadvantage when recruiting for PE?

like

What type of healthcare or life sci private equity exit from 2yrs at MBB could someone with an MD but no Harvard/Stanford level pedigree get? Mega fund, UMM, LMM? And what comp range and title?

like

Do MBB also consult companies like Google, Apple, goldman Sachs, etc on strategy topics? I seem to never have heared...😐

like

Apologies if this had been brought up before, but in the “long run” (ie. within the next 3-4 years) how do you see the traveling business model being set up for each one of the MBB’s? What percentage of travel will it be per month? Do you think there will be more flexibility with hybrid? If you only want to be staffed on local projects - can that be better accommodated?

like

Reject me all you want FAANG and MBB, I will keep on applying till you want me 😍😜😤💯💯💯

likefunnyuplifting

Anyone have an hourly rate range for an MBB Engagement Manager (yoe 5yrs consulting and 8yrs corp finance)?

I’m convinced that the reason some of these firms are so prestigious is because they have intentionally exclusionary recruitment practices. I used to believe that you had to already be rich to get hired at MBB. Now being on the other side of the recruitment process , I really do feel that it rings true. I hate the way we evaluate candidates and decide on who is “high priority” during coffee chats.

Hi folks!

Would value your advice here.

Pre-partner level (AP / Principal) at MBB — have failed the partner promotion and being asked to stick around for at least another 6-12 months as the firm believes in my potential (but of course no guarantee to make it). Gutted for not having been promoted despite the strong traction built.
Have an offer from tier-2 (S&, EYP) to join as a partner with significant pay bump.

Any of you have been in a similar spot? What would you do?

Thanks all!

likehelpful

How is TSMG in terms of CTC, type of projects and WLB? I have heard CTC is comparable to MBB - is that correct?

like

What is the average Manager salary in Netherlands? (4 big or MBB or boutiques)

like

How much does brand matter in tech (e.g., FAANG) for exits and career growth/learning vs a smaller well known tech company (e.g., YEXT)? Assume strategy/ops role. Is it like MBB vs other?

like

180k base + 40k RSU yearly FAANG offer VS. 220k base MBB offer: which one is considered better purely from a monetary perspective? FAANG has refresher but MBB has higher bonus right?

like

Has anyone exited to a FAANG equivalent (uber, airbnb, Tencent) from Big4, then further exited into MBB? Interested in seeing if it’s a possibility

funnylikehelpful

Best consulting firms for strategy in the US besides the big 4 and MBB?

like

Is it common to get contacted by an MBB recruiter directly? I got approached by a recruiter for a specific practice

like

Why isn't Strategy& viewed as on par with MBB? Extremely high caliber people and output and many leaders are ex-MBB

funnylike

Have an offer for Senior Manager at Accenture Strategy and a Consultant at MBB. Which one should I pick?
Wharton MBA (about to graduate 4/2020), 40 years old based in SF

like

Looks like B4 partners makes the most $$ in the long run, even tech/FAANG or industry level senior roles doesn’t pay more then $600-700k, except a few roles like ceo/IB/PE/other financial roles/startup rsu (of u r lucky). Came to the conclusion after reading all the posts in this and other bowls. May be MBB, but if u add pensions, I think B4 is better. Thoughts?

like

I used to be an Olympic athlete but would like to start a career in consulting now and I am a bit lost. I heard some MBB firms used to value that, is that still the case?

like

Working for MBB was my dream throughout undergrad. I just signed an offer for a role I am excited about at FAANG, but I can’t help but feel twinges of jealousy for people who are getting into MBB with the recent increase in experienced hiring. Please help me 🤦🏻‍♀️

likehelpful

More Posts

Anyone have a contact at BBDO? I was talking to a recruiter there and they have left the agency...kinda left in the dark over here. Help! What do I do?

like

I have spent my entire career so far(12 years) with FIS. Currently switching to TCS PNC Bank. Any thoughts on how the new work will be? Any pros and cons. So far I have been worked as an individual contributions. In TCS I got assistant consultant.

like

How do you give references (as a senior) when you’re moving from Big Four into industry? Just give them managers/above that you trust? What do they talk about with these references?

like

Hello there!
I’m looking for any good recommendations around problem framing (books, resources, frameworks, etc.) What are you people doing to nail identifying product problems, before moving into shaping? Cheers!

like

Ever have a boss / senior leader make a snarky comment about your age? How did you handle it?

like

NRCMA- curious to know the average salary for a medical assistant in SF CA

like

Has anyone left B4 or Public accounting and thought "I would have made more long term if I just stayed in B4"? I have an offer and plan to leave within next 3weeks just dont want to regret it.

like

Anyone works or have worked for Marathon TS? What’s it like?

like

6 months pregnant and just laid off. And 40% of my severance was just taken in taxes .. I just spoke with paid family leave and I no longer qualify even though I had been paying into the program (thanks NY).. I already applied for unemployment but doctors are telling me I’ve got 10-14 weeks left in this pregnancy.. so stressed having twins and being unemployed, no maternity leave, no paychecks coming in, and I’ve been applying but not a single interview.. just ugh. 😭

like

Can anybody help me with a referral to AIG remotely in the Denver area? I applied for a position that I’m qualified for but have heard nothing back, I have 5 years experience in adjusting, underwriting and am a licensed broker (Specialty/E&S) Pollution/Property/infrastructure AIG

like

Am I the only weirdo that tries on my wedding dress nearly every day? 😅🙈

like

Does anybody else experience those moments during audit where you‘re like, wait do the others also just pretend to know what they are doing and in the end we‘re just a team of scammers?

like

Looking for an Accenture referral, if anyone is interested. Thanks!

like

Any freelancing opportunities for java + Apache Spark + Apache Hadoop
Or
Java + Springframework + Hibernate

like

Monday Wordle 317 3/6

🟨⬛⬛⬛⬛
🟩🟩🟩⬛⬛
🟩🟩🟩🟩🟩

like

Has anyone been in the Vendition Sales Apprenticeship program? How many hours a week is it, and would it be possible to juggle another full-time position at the same time (remote)?

like

No leaked season finale yet right? Can't handle the waiting. 👀

like

Hi fishes,

Does Walmart is still allowing wfh or is it adopting hybrid/back to office?

like

Best oil stock to buy right now?

like

Additional Posts in Private Equity and the Buy Side

How easy is it to switch from growth equity to mid market buyout as a VP?

like

What are the top 1. PE firms in Middle East and 2. boutique investment banks?

like

Any good LBO modeling tests out there? I've completed the wall street prep examples as well as formal wall street prep training. Have a final round with LMM coming up and want to do a few more full length

like

What are thoughts on Carlyle?

like

How common is it for PE firms, prior to an offer or concurrently with an offer, to request referrals from previous team members? A recruiter mentioned they may ask for referrals and I’d like to try to avoid that and not sound the alarm to my current team that I’m interviewing. Thank you!

like

What kind of multiples is used by buyout and growth equity investors (e.g., Hg Capital, Summit Partners, TA Associates) to value SaaS companies? Do they only rely on EBITDA multiples or use ARR/revenue multiples as well?

like

Thoughts on being a headhunter after 2 years of consulting and 2 years of buyside

like

Any PE folks come from a consulting background and willing to chat? I'm currently at Deloitte commercial S&A looking to make the jump to PE in the future (after either going through the IB route or MBB route)

like

Anyone have some insight on Pomona Capital?

like

How long do you typically get to complete an LBO model in interviews? Will be interviewing virtually if that helps

like

I have a humanities degree and want to work in IR. People seem to like my resume and me but I don’t have the hard skills experience they are looking for. I’m willing to learn but can never find the right opportunity or firm to give me a shot. Any advice? Do I just give up? Honestly feeling quite defeated now and not sure what to do next.

like

I am starting as an Associate at a PE firm next week after 2 years in IB. Any tips?

like

What’s comp like at credit funds? Base / bonus / carry? % comparison to PE? Looking for distressed debt funds & UK but any answers appreciated !

like

Anyone familiar with TA Associates Strategic Resources Group? Thinking about pay, culture, career progression. Thanks in advance

like

What’s the highest PE Associate comp you’ve seen or heard of this cycle? Curious to see if these firms will start dramatically increasing comp to match with recent IB increases, as they should

like