Question to the partners / MDs here. Was it worth it? Do you regret not moving industry when you had a chance (if you did)? Are there any exit opportunities once you pass director?

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I mean it’s so hard to know. I know a guy who left Big4 as a manager. Went to industry. Rose up the ranks. Became CFO of an industry company. Took the company public. Was the CFO of a public ally traded company for like 6 years. Company took a turn and he and the CEO got fired. Now they founded their own private investment firm.

So it worked out and he made a fortune (relatively speaking) - but had he stayed and made partner he still might say “oh yeah it’s worth it to stay” bc he wouldn’t be able to know that he would’ve otherwise made a fortune

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Got you, and cheers for sharing that. I mean I’m interested in hearing a view from a partner as well. I feel like sometimes there’s no transparency over what kind of compensation they get, as well as exit opportunities once you are past Director. I think that’s something that should be more transparent, and helps a bit in the decision to stay long term or not

F

Obviously, most of them are going to say it’s worth it since they made it to partner.

Survivor bias

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This is a better question for Directors and below.

For what it is worth, they liked leaving. several emails over the weekend instead of 50 emails over the weekend.

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