Advice Pls! Tech IB to Growth Equity

Hi all,

  • fresh grad (finished a semester early, Dec 2021) from a non-target (only half a dozen people from my school went into IB)

  • joining TMT team full-time @BB in June 2021

REALLY interested in Growth Equity/ late-stage Venture as an Exit. Unlike PE, have heard that Growth recruiting is a lot more unstructured (some on-cycle 2yrs out but some MFs recruit 6m out). Don't have that many banking friends/ alum/ mentors to ask candid advice to.

If someone who has a similar trajectory to growth/ in growth now (Insight, TA, Summit, BXG, Permira, Iconiq, TPG, etc) could please DUMB DOWN the Growth Equity interview preparation process? (eg. for IB we had a narrative, memorized the 400Qs, good understanding of firm's recent deals, can hold convos about vertical/ industry of interest).   

My questions:

  1. Where do I start? Any certain set of steps you would advise following? Any resources I should follow religiously (newsletters, blogs, etc)?

  2. For X firm I get a chance to interview with, I should know: why their firm, their avg inv size, funding rounds/ fund history, sectors/ verticals, sourcing model -- anything else?

  3. Have had some intro convos with GE Associates, and they mentioned gaining proficiency in:

3A. Business Models and Software Metrics 

3B. Verticals within Tech of interest (eg. be able to speak about 2-3 sexy fintech companies/ trends) -- but what should I know exactly?

3C. 3 Statement Model / Valuation / Accounting -- but that is kinda vague, any narrower advice?

3D. Case Studies -- have never attempted Consulting recruiting, so have no clue if this has any similarities, but where do I start/ what should I be confident in/ any sample outputs?

3E. Anything else bigger picture I am missing?

THANK YOU - sincerely would appreciate as honest advice as possible.

 

Heading to a growth firm (not one mentioned) out of college and think I can shed some light, feel free to pm me 

Array
 

Est ex ut quia omnis et. Placeat laborum consequatur eum recusandae labore alias veniam. Quis aut quod harum voluptas. Et tempore dolorem vel facilis et voluptate est.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”