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Lol. $$$$$$
VC is not really about money unless you win. It is a much higher beta opportunity. Having said that having done both, being at the table is always better than advising people at the table ;)
Lol because it's one of the most elite and niche fields. Because you're making decisions involving capital and giving entrepreneurs opportunity to create game changing technology. Because you're upside is much higher.
For every 50k consulting jobs out there, there's probably 1 VC position. Even getting a Harvard/Stanford MBA and having McKinsey on your resume is not a guarantee for an Associate VC position (although it'll greatly increase your chances).
This question is like asking, is it better to be a tom Brady/ drew Brees, or a 3rd string quarterback in College football. Come on man
Bain sends a couple of people into VC every year but definitely more unlikely than PE even
More like VC = giving money to startups. Consulting = taking money from big fat companies.
Doing my MBA now and moving into VC hopefully. Fit with fund/firm, location, sector/stage of investing and not being in consulting were my main criteria to target the firm that I did.
Thank you! As someone without a business background, I just wanted to know what all of you thought! I love my current job and am not planning to leave.
^ don't know enough tbh. I'm focusing on much smaller ticket sizes and much earlier on...seed/Series A. Also in a completely different continent. I have exposure to overall US VC because I read CB insights and PitchBook but growth equity is a bit larger than my focus.
Because you can't get it :)
😂 agree with BCG1 OP you say this like you have an offer in hand. Think about why VC, get the offer, then weigh the specifics of said offer. There's no hard and fast VC > consulting
OP, on the contrary, if you can get into VC, f your current job, don't care which consulting firm you're at. Def take the VC role
Ah okay. Good luck! Did you have access to PitchBook through McK or your current grad program? It's also one of my favorites
Depends on the VC. Yes money can be big time but you can get similar experience internally for most big 4 companies but you'll focus on b2b solutions.
How much money? 20% raise, 30%?
BCG1, what do you mean?
I am polling my people and I just want data. Why won't you just provide answers?
What's the usual route to enter VC from consulting?
Because anything worthwhile and any answer of substance depends. Are you at a boutique or McKinsey? What city / industry VC? Size of fund and investment strategy? Asking VC or consulting doesn't mean shit
Dd1 is spot on
VC is arguably riskier than PE. Figuring out future returns for a start up is more difficult than projecting cash returns for an midsize business in need of restructuring