Which offer to take, spacetech consulting or VC? Have time to decide until this weekend.
I have been working at a fintech VC as an Investment Analyst for a couple months now but I also have an offer from a space-focused management consulting firm and I am wondering which one to take.
My long term goal is VC, but it would be nice to become an expert in spacetech (while still being able to invest in other fields too).I think the VC offer would be the more obvious one from a first look, because if your goal is VC then do VC. The issue is that my background is in finance, I haven't done any studies or worked in anything related to spacetech, so perhaps gaining some expertise in this area as a management consultant would be a better first step and then switching back to VC. The issue in the equation is:
1) Will VC in spacetech take off? Right now its very early stages so there are not a lot of spacetech startups out there. The question is whether this will change, i.e. will there be a place for small startups/SMEs in spacetech or will it be more of a big boys game dominated mostly by large companies with lots of resources (e.g. Google, SpaceX etc.).
2) Will I be able to gain knowledge/skills in space consulting that could be valuable for a startup if I joined one? If not, this background probably won't be that interesting for a VC either. Its a bit vague to me what kind of projects I would be working on and what kind of positions I could fill in a startup afterwards, especially since I dont have an engineering/space background.
3) Will I be able to get my foot back into VC if I leave. One of the most difficult part of VC as you know is getting your feet in. Once you're in, you're in as with many fields within the buyside. The issue is that Ive only been an Analyst for a couple months so I only have one foot in the door. It is uncertain whether I could get back if I leave now.
Thoughts? I have time until this weekend to decide.
#finance #venturecapital #vc #pe #consulting #privateequity #investmentbanking #spaceflight #space
comments
My current TC at the VC is €45k, no bonus, no carry yet (I start getting those from Associate level)
TC at consulting firm would be €65k.