Background: YoE - 16+ Industry - Management consulting, pivoted to Sales in ITES Education - MBA from target school but I guess that's irrelevant since I graduated in 2014 Geo- Western Europe Can I break into PE? If there is a slim chance, how? TC - 250k #pe #vc
Realistically you have very low odds given 1. No prior transactional (investment banking experience) 2. Already have an MBA, so those recruiting pipelines are closed to you 3. At 16+ YoE you are probably in your mid/late 30s and thus way too old to come in as an analyst/associate (combined with 1, it wouldn't be possible to even come in as a VP) As usual got to ask why PE?
Thanks for taking time to respond. Indeed all 3 points are valid - no IB exp, very old MBA, very late 30's. The reason for PE is, again outside in perspective, I have been evaluating tech spend and guiding large corps through their tech investment in their own landscape. I see that the PE guys are more focussed on numbers rather than on the tech part. par example big hype on metaverse last year and loads were invested but I steered my clients from that tech hype. So this makes me feel that someone like me in a PE firm could be very crucial from the tech dd part. Again this is what I am thinking in my head so please don't judge my ignorance/foolishness/stupidity.
I see. In general PE is more late stage investing in stable companies with healthy free cash flow, so with more proven business models. Knowing the tech is important but the value add is more on the levers one can pull to maximize IRR, and thus still very numerical base; not to mention that tech PE tends to hire from TMT (tech/media/telecom) banking, who are no slouches in tech knowledge. It'll still be a very tough uphill battle given your lack of transactions (M&A) experience. VC might be more your wheelhouse given less focus on revenue, and instead the underlying tech/vision.