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Offers from both FAANG and PE (special situations), early stage VC. It all depends on the skillset you're building through project work and the impression you make working with clients. And network, network, network!
What level are you at and are you aligned to any practice?
FAANG is quite large. It’s like asking if you can jump from OW to [generic F100].
PE is possible, but unlikely.
…unlikely on average for everyone at OW. Considerably more likely for people in PCAP. Probable for strong performers in PCAP who want to.
Rising Star
I've got verbal offers from 2 PE firms this year alone - but truth be told I have a HF background so dunno how this plays out.
My buddy (not the company buddy) moved a month ago to one. I don't think he had any background on IB/PE/HF
Both are definitely possible. Depends a lot on your background / work experience
Both are realistic with the right positioning and experience.
If you’re pre-MBA, you can make the jump from OW to PE after only about a year of DD reps in the PE group. I worked there and I saw people leave to a HF, PE funds as well as FAANG and some Bay Area unicorns.
How do people’s lives and WLB change after such moves? Any anecdotes, experiences?
Portco life is fantastic. Very focused on growth and tangible results, pace and work hours are somewhere between F500 and consulting.