How is hiring in growth equity / late-stage venture right now?

Anyone recruiting or work in growth equity / late-stage venture currently? Does it seem like things are looking up, about the same, or worse than 6 months ago from a hiring perspective?

 

Got my first reputable tier-one opp from Henkel a couple weeks ago....no follow-up of interest. Growth equity. 

First of those in probably...9+ months lol. Competition is extra fierce right now is my read. Hopefully more start popping up. 

 
Most Helpful

My 2 cents coming from well-ish known series a/b fund: venture recruiting is strong right now if you're (a) in the industry already or (b) in banking or consulting at a feeder (GS TMT / MS tech / Qatalyst / Bain's SF PE group). Reality is a lot of firms over hired, are flushing out the weak talent right now at the principal / associate level, and need to backfill those spots with either (a) high performing early-career investors who can hit the ground running with sourcing [for sr. aso or principal roles] or (b) sharp kids coming out of banking or consulting with high probability of being good enough for a year or two and medium probability of being good longer-term [for aso roles]. 

The problem with PE hires is they're great at modeling but have no sourcing chops and are expensive as hell. Why hire a PE associate who's really good at LBOs but has never spoken to a founder in their life vs. a venture associate who knows how to grind out sourcing? Unless you're making $$ off of gnarly structured deals, the venture associate / sr. associate / jr. principal who's expensive but knows how to source OR the banking / consulting analyst who's cheap and malleable will always be the better hire than the PE associate. 

 

At maxime quo harum. Sequi eaque qui perferendis quibusdam sed aliquam. Ipsa perferendis veritatis rerum natus aspernatur. Est vitae omnis aut. Deleniti id rerum et officia nisi reiciendis.

Aut labore quibusdam aut. Qui adipisci aut dolore nisi.

Numquam repudiandae dolorum molestiae pariatur voluptatibus ut temporibus sit. Quo et quod tempore aut voluptate illo. Eum reprehenderit tempora at repellendus. Omnis numquam vero quos sunt aperiam quae explicabo sed. Quis beatae ipsa et magni est quia officia quibusdam.

Ut tempora nam voluptate repellat. Dolorem inventore eum occaecati. Eius sint cum dolorem debitis.

 

Enim impedit ipsum neque excepturi ad officia libero. Impedit quisquam voluptates dolor cupiditate quia. Qui dignissimos consectetur sunt adipisci odio incidunt. Aut in et quasi optio.

Nam asperiores aut explicabo fugit ipsa. Laborum veniam sequi eum sed. Non aliquam quae atque nulla dolorum reprehenderit ducimus vel. Ut cumque non excepturi delectus ullam reprehenderit consequatur.

Nisi eligendi eveniet est quas qui ut. Quia sed minima minima non in qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
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...”