Which offer to take, spacetech consulting or VC? Have time to decide until this weekend.

New
COLU6

New

COLU6
Feb 10 8 Comments

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

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TOP 8 Comments
  • WellSky
    toooth

    Go to company page WellSky

    toooth
    Isn’t fin tech like the hottest market to be in currently?
    Feb 11 4
    • WellSky
      toooth

      Go to company page WellSky

      toooth
      Also LMK if you feel like helping me get into VC/ fin tech lmao
      Feb 11
    • New
      COLU6

      New

      COLU6
      OP
      Sure, lmk if you have any specific questions. I'm based in Europe though, so might be slightly different than US market.
      Feb 11
  • Don’t worry about money. Do what you like. As simple as that. TC $600K. Money don’t matter
    Feb 11 0
  • New
    VLFO14

    New

    VLFO14
    TC?
    Feb 11 1
    • New
      COLU6

      New

      COLU6
      OP
      Nothing close to the numbers I see flying around here. For context, both positions are in Europe.

      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.
      Feb 11