| Topic Name: |
Which experience would be better? |
| Message Name: |
Go with investments research |
| Date Posted: |
02/08/2002 |
| In Reply To: |
Hi
After being deferred by a major strategy man. consulting firm months ago, I finally have 2 job offers.
Which job would you choose? Why?
job 1: small (unknown?) boutique firm - strategy arm. Position: entry level analyst. hired to work on a specific interesting problem.
job 2: large well-known investment conglomerate. biotechnology investments arm (private equity). Position: a new in-house liaison to interface with outside advisors and to conduct original research on potential investments.
(both pay the same--very little and both are in pharma/biotech)
Short term I want to be in strategy man. consulting. Long term I'd like to be involved more in venture capital type work in biotech/pharmaceuticals.
Thanks for your thoughts! |
| Message: |
It's notoriously hard to break into VC or private equity later in one's career (unless one is a successful entrepreneur with millions of dollars & years of experience, who *might* be invited to join a VC firm).
On the other hand, as long as the economy is booming, it's relatively easy to come back to and/or enter consulting.
Consequently, if I were you, I'd take the investments role, as I believe that will make it more likely that you can achieve your lonfger run goal of being in VC.
In contrast, taking the consulting role & stayng there for more than a couple of years will significantly reduce your chance of getting into VC in the long run.
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This advice is specific to your goals & situation. For others with teh same choice, boutique consulting could be better.
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