Consulting Exit Opportunities

Genuine question - what are the good resources to get to know VC/PE ? Hear people talk about them but I don’t actually have a good idea on what the junior ppl there actually do and how to get in

Reaction Icon Like
Arrow Icon
Posting as :
works at

Definitely do NOT tell a manager or partner unless you’re 100% committed to leaving. There are a couple head hunting firms (Charles Aris, Dynamics, HSF, GoBuyside, BellCast, Ex-Consultants Agency, and a few others I’m forgetting) that help place consultants into new roles, including PE. Make a profile on their website and schedule a call with them to learn more

Reaction Icon Like
like
Arrow Icon

Hm, disagree. Not sure how chatting about exits is going to hurt you. We’re not sitting in consensus scheming against associates thinking about an exit.

Reaction Icon Like
Arrow Icon

OP - street of walls guide is pretty good. Recommend Kings of Capital as a fun read. Make sure to subscribe to Axios, Dealbook, and Pitchbook. M1 - I personally find investing to be a highly fascinating career, more so than I did consulting. Hours are also generally better. LEK2’s comp numbers are pretty solid, but the real delta is in long term comp - carry and co-invest economics are very powerful at the post-MBA level (not to mention the $350k starting cash comp at middle market funds; megafunds are of course higher in cash but potentially less in co-invest).

Reaction Icon Like
like
Arrow Icon

May be worth talking to some partners or senior managers. Many have relationships with funds or have seen associates leave for PE/VC.

Reaction Icon Like
Arrow Icon

The best sources to learn more about PE / VC are current associates, particularly former colleagues and other ex-consultants who transitioned. My preconceived notions of PE before going in weren’t wrong per se, but they were definitely incomplete.

Reaction Icon Like
Arrow Icon

Thank you - that’s helpful. Can you give some insights on what (if any) website / books that were helpful for you?

Reaction Icon Like
Arrow Icon

Why does everyone want to go in to PE / VC? How good is the compensation or work hours that drives people there ?

Reaction Icon Like
Arrow Icon

Speaking to PE: For associates, base is ~$90-$120k and bonus is 50-100% at middle market+ firms. Total comp can be as high as $300k for associates at the largest firms (although no consultants are going there). Hours range heavily, but smaller shops can have average hours in the 55 range. You’re also getting a full picture of the ongoings of multiple businesses, rather than just doing a small sliver of consulting work. Which is objectively better experience if you plan to be C-suite one day. There are several PE comp reports available online.

Reaction Icon Like
like
Arrow Icon

Additional Posts

What % bump would interest you guys to switch to industry knowing title growth isn't as steady compared to Big 4?

like
Reaction Icon Like
Arrow Icon

Curious what the accredited investors on here invest in after maxing usual accounts like 401k and backdoor Roth. Not interested in amounts, so please don’t make this a measuring contest.

like
Reaction Icon Like
Arrow Icon

Do MBBs cover the expense of MBA for al ranks? What are the contractual obligations if I want to go as an MBB scholar?

like
Reaction Icon Like
Arrow Icon

Is MBB all that it's cracked up (by certain people) to be?

Reaction Icon Like
Arrow Icon

Giant spider on my bed. Who do I send the pics to and how many points???

like
Reaction Icon Like
Arrow Icon

What's a good desktop software for Windows 7 that can capture audio/video from a WebEx or just any activity from your screen? (i.e. I'm not the host and assuming the host won't record WebEx session).

like
Reaction Icon Like
Arrow Icon

If you received an offer below your asking range and at the lower range for the position, would you negotiate? If so, how would you justify a higher ask?

likehelpful
Reaction Icon Like
Arrow Icon

Going to Cabo in April with my husband! Looking to do more adventure travel, but also take advantage of all these Bonvoy points I have. Anyone have any recs for great properties there?

like
Reaction Icon Like
Arrow Icon

Thoughts on DDOG?

like
Reaction Icon Like
Arrow Icon

How bad is traffic from LGA into manhattan at 9:30AM? The range on google maps is quite broad

helpful
Reaction Icon Like
Arrow Icon

Rent is month to month - thinking about cutting lease and staying at my parents’ house (it’s completely vacant) on the opposite coast. Think remote work will last long enough for this to make sense?

like
Reaction Icon Like
Arrow Icon

New project. Feel like the new kid on the block. Any suggestions on how to sync better with the team?

like
Reaction Icon Like
Arrow Icon

Coolest exit opportunity from consulting you’ve witnessed or experienced?

like
Reaction Icon Like
Arrow Icon

Accenture employee here about to accept an offer with another company. When in the process do I tell Accenture - both formally with HR, my CC, and current project lead?

Reaction Icon Like
Arrow Icon

How to gauge GS chances? Out of ORD, at $48k right now with maybe another $3-4k by year-end

like
Reaction Icon Like
Arrow Icon

Flying SEA to DCA every week sucks but at least I know my return flights won’t be delayed. God speed to my east coast based friends. Despite the coast to coast I will still sleep in my own bed tonight

like
Reaction Icon Like
Arrow Icon

What’s the status of everyone’s work from home situation. Has anyone returned to the office, given options to return or told to stay out till the first of the new year?

like
Reaction Icon Like
Arrow Icon

Anyone go from MBB/T2 to MBA school and do something OTHER than return to consulting / go for high finance? Curious what your return on making that decision is and if it’s ever worth going if you’re already in consulting. Seems like most non-Consulting or IB jobs you could just skip the MBA.

likefunny
Reaction Icon Like
Arrow Icon

If you book a king room and get a queen, do you usually get points for the downgrade? Or is it a suck it up bc you arrived to the hotel too late situation?

like
Reaction Icon Like
Arrow Icon

whoever it is from Deloitte that keeps saying their parents got covid-19 while being isolated on a rural farm without contact with any food, packages, or anything from the outside world for months...

likehelpful
Reaction Icon Like
Arrow Icon
That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

OR

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number