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Hi, I need a referral for an internship
in Financial Advisory Team
Valuation, M&A, FDD, or Financial
Consulting - at Big 4 in Germany,
can anyone help me?
I did my bachelor's degree at the
University of Mannheim.
I would appreciate any kind of
support and advice.
I'm not above reaching out to alumni
directly via Linkedln, but l'd prefer to
bug as few as possible. So if you
want to help, guide, or mentor,
please pm me.
PwC Deloitte KPMG EY
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I don’t think they’re comparable at all. PE Ops isn’t going to teach you how to scale a nascent business, raise VC funding, and hire your first employees.
It will teach you to slash expenses through obscure means (centralized IT, outsourced benefits, headcount ‘rationalization’) and stir up a lot of trouble in mature businesses. PE Ops teams are there to increase the EBITDA number during the holding period. To ‘squeeze the juice’ out of a business.
You don’t need to learn to squeeze juice. You need to learn to plant a tree.
While this is certainly true for a fund that buys mature businesses with the goal of cutting costs, I think joining the ops team of a firm that makes mostly growth investments could provide great entrepreneurship training
Following…wondering the same thing about an opportunity. Though what I’ve heard, OP, it’s amazing training for entrepreneurship and pays quite well
I would guess VC would be better
I'll second this in saying I'd think PE ops would be ideal if you wanted to do a search fund or entrepreneurship through acquisition since you're working with (generally) more established businesses whereas VC would have more work in getting them off the ground.
It's not a bad idea but I have to agree that VC is also a very good option for what you want to do.