High Finance Thread

Guys, stop wishing upon the stars. Pay is commensurate with your value. Similarly, difficulty to break into the industry is commensurate with your pay.

There's a reason why literally every EnTrEprEnEuRsHiP BrOs in your business school can break into VC despite rag and flagging/bizadding/insert random meaningless societies all day, cuz the interview is not that difficult at all. There's literally almost 0 technicals involved.

And there's also a reason why VC pay so little, cuz it's not hard to break into in the first place!

And similarly, there's a reason why your pay is so low, cuz you do jackshit as analyst in VC. Seriously! There's nothing much to analyze about US$10m valuation company where the products is unclear, the customers is unclear, the business plan is unclear, and even the founders probably don't know what they're doing. You won't learn much in VC at junior level cuz you're just there to do some random work for the partners who are paid way too much in fees to do any grunt work.

This only applies generally to most VC firms. Yes, if you are in the industry you know most VC firms are dogsheet. If you do manage to break into the VC firm which is run professionally (like Openspace Ventures), then you can talk here. Otherwise, please join the CIMB analysts in retrenchment thread next door.

As an add-on, true VC firms which are run by true investments professional (instead of by entrepreneurship bros who just post linkedin post all day long, talking about how founders can jack off VC partners 24/7), you can easily notice by how they hire their junior analysts.

If they require junior analysts to have 1-3 working experience from IB/Consulting/Buy-side, you know usually they know what's up. And usually these firms also pay close to the street.

If you see VC firms which don't require their juniors to have any real professional experience other than HaViNg PaSsIoN fOr ThE StArTupS IndUsTrY, you know they're trash. VC scene has been dogsheet for a while, there are more dry powder than there are real investible assets to invest it. This coming economic downcycle however will purge all those trash VCs that survived off easy money previously.

Hello guys, not sure if this is the right thread to ask but here goes.

Anyone knows how much UBS is paying for their ops role for fresh grads/entry level?

Thanks!

Originally Posted by Unregistered

As an add-on, true VC firms which are run by true investments professional (instead of by entrepreneurship bros who just post linkedin post all day long, talking about how founders can jack off VC partners 24/7), you can easily notice by how they hire their junior analysts.

If they require junior analysts to have 1-3 working experience from IB/Consulting/Buy-side, you know usually they know what's up. And usually these firms also pay close to the street.

If you see VC firms which don't require their juniors to have any real professional experience other than HaViNg PaSsIoN fOr ThE StArTupS IndUsTrY, you know they're trash. VC scene has been dogsheet for a while, there are more dry powder than there are real investible assets to invest it. This coming economic downcycle however will purge all those trash VCs that survived off easy money previously.

Did you use 3 post to shoot a single mindless statement about joining VC? Good job on winning the forum battle

Originally Posted by Unregistered

Did you use 3 post to shoot a single mindless statement about joining VC? Good job on winning the forum battle

Yea. No battles to be won mate, it's literally facts. I mean you guys genuinely believe VC is high finance? I can't understand how delusional y'all must be.

Originally Posted by Unregistered

Yea. No battles to be won mate, it's literally facts. I mean you guys genuinely believe VC is high finance? I can't understand how delusional y'all must be.

Dude stop your elitism we’re not lesser human beings

Originally Posted by Unregistered

Yea. No battles to be won mate, it's literally facts. I mean you guys genuinely believe VC is high finance? I can't understand how delusional y'all must be.

entry level sweatshop vc*

I thought established vc corps, not much chance of getting there unless prior product management/high finance exp + GSB MBA, think those ones are good

Originally Posted by Unregistered

entry level sweatshop vc*

I thought established vc corps, not much chance of getting there unless prior product management/high finance exp + GSB MBA, think those ones are good

Correct. VC like Openspace Ventures/Wavemaker/Sequoia are legit VCs. However, it's also true that most VC are your typical dogshit VC that does nothing except burning money left and right till they got nothing left.

To the above comment, I truly agree that VCs analysts are indeed not lesser human beings. But when you work in shitty VC and trying to pass it off as a high-finance role comparable to IB/UMM PE/MF/HF, you just proved that you are an animal.

Originally Posted by Unregistered

Yea. No battles to be won mate, it's literally facts. I mean you guys genuinely believe VC is high finance? I can't understand how delusional y'all must be.

Sometimes your idiotic remarks really amused me. Stop giving wrong advice to the juniors seriously

Originally Posted by Unregistered

Sometimes your idiotic remarks really amused me. Stop giving wrong advice to the juniors seriously

Are you being serious LOL. YOU shouldn't give wrong advice to the juniors bro. Most VCs doesn't pay big bucks, doesn't expose you well enough.

Seriously, stop wishing upon the stars. Pay is commensurate with your value. Pay is commensurate with the exposure you get. Pay is commensurate with the responsibility you get.

Trust me, unless you are at Sequoia-kind of VCs (which btw doesn't take fresh grads but exiters from IB/MBB), you won't be learning much or earning much. Just doing random saikang work.

Maybe bro, instead of being salty here and now, you should've worked harder when you were in school so you can break into the field where people actually want to be. Instead of pretending that VC is a big stuff when it really isn't.