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Today 03:44 PM
Unregistered 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!
Today 11:58 AM
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.
Today 11:55 AM
Unregistered 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.
Yesterday 11:35 PM
Unregistered Always remember that economics and authority sit with who raised the capital. That's not 25 year old hot **** VC analysts. What skills do you bring to the table as a VC analyst anyway? There's some title inflation going on so some associates are even titled as Partners. But life is the same - you can source all you want, the managing partners make the call. A lot of the inflation happened in hot markets. Many entrepreneurs don't even give a **** about you, but are only polite because you are in between them and the capital they want to get. VC also sucks on a mgmt fee / invmt professional basis unless you're at a Sequoia or something.

There's probably 5 years of your life that you'll have to invest in learning (1) complexity (2) processes. Appreciating the complexity in businesses across industries and stages. Complexity in financial modelling, structuring, legal docs, diligence. Processes in running diligence processes, putting the right things up to committee internally. You can learn this in IB, PE, or even some serious VCs (for VC more so in a in a portfolio management stage, esp if you have significant influence on governance, not the investment stage and definitely not syndicate free-riders). Maybe consulting but those guys have 0 ownership over any asset and just churn pretty slides. FYI VC term sheets, financial analysis and memos do NOT constitute complexity.

After that, you start being valuable to other firms and will be hired into roles where you can take the lead on processes.

I am not some boomer who thinks there's only 1 way to earn your rank or pay. Pay is a function of demand and supply and you can be paid anywhere from $50k to $200k p.a. as a VC analyst for all I care. But some things you have to get competent at, and that's not from deploying easy money in a hot market and attending DeFi conferences with fellow apes.
Yesterday 07:22 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Pretty sure rising up the ranks in ven cap is not easily happening, and that most entrants (who aren't connected or haven't made it big somewhere else already) are entry level saikang warriors
Every job and industry needs saikang warriors so - is the saikang worse in VC?
Yesterday 03:07 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You are an absolute joke, I don’t even need to deign to elaborate why
Pretty sure rising up the ranks in ven cap is not easily happening, and that most entrants (who aren't connected or haven't made it big somewhere else already) are entry level saikang warriors
Yesterday 03:00 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Why would anyone want to join IB. Your life sux and your pay isn't that great on an hourly basis. If i was young again, i'd try to join a Venture firm instead. Waaaaaay better prospects, better lifestyle, more job satisfaction...
You are an absolute joke, I don’t even need to deign to elaborate why
Yesterday 01:27 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Why would anyone want to join IB. Your life sux and your pay isn't that great on an hourly basis. If i was young again, i'd try to join a Venture firm instead. Waaaaaay better prospects, better lifestyle, more job satisfaction...
LOL VC is a joke. 0 technicals needed, ‘Entrepreneurship’ bros without the caliber. IB guys doing 1B deals or exit to MFPE doing buyouts while you stay at VC dealing with **** startups.
Yesterday 12:54 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Why would anyone want to join IB. Your life sux and your pay isn't that great on an hourly basis. If i was young again, i'd try to join a Venture firm instead. Waaaaaay better prospects, better lifestyle, more job satisfaction...
i would choose cash management instead
Yesterday 12:21 PM
Unregistered Why would anyone want to join IB. Your life sux and your pay isn't that great on an hourly basis. If i was young again, i'd try to join a Venture firm instead. Waaaaaay better prospects, better lifestyle, more job satisfaction...
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