Hi everyone!
I'm fortunate enough to receive two offers coming out of undergrad, but need help with the decision. Both offers are in APAC.
Offer 1: Bain&Co - Associate Consultant
Pros: Well-designed training, global network, wide exposure in terms of functions & industries, Travel (if possible, coming straight out of undergrad so still acceptable)
Cons: Can't see impact, might be staffed on "bad" projects, pay, hours 60-80/week
Offer 2: $8B USD Growth Equity - Portfolio Ops Analyst (I have been interning there for 4 months now)
Pros: Highly flexible in terms of learning (worked on various projects for their portfolio comps), C-suite exposure - reporting directly to multiple 1B+ valuation company C-suite officer/ fund partners, team is extremely lean and top heavy, our partners directly control the portfolio comps as C-suite officers, Pay - starting offer is 20% higher than Bain with up to 50% performance bonus. Potential equity options as career progress, Hours ~60/week so pretty chill in general
Cons: No peers, less structured training program, limited industries compared to Bain (TMT, Healthcare, Real Estate, New Media)
Personal concerns:
My long term goal is C-suite at unicorn or entrepreneurship, but don't have a specific industry preference yet. Had been working towards the MBB trophy for a long time, but never wanted to stay in consulting long term. MBA is a potential consideration. Currently operating an e-commerce business with friends, would prefer to keep working on it with 5-10hr commitment per week. Thank you!
TLDR: Bain vs Growth Equity Ops straight out of undergrad, which one should I choose?
Hi - Thanks for the note, really appreciate it. Coincidentally my side gig has been getting some traction and is hoping to raise funding in the next 6 months as well. I definitely agree that MBB provides unparalleled options + brand name in comparison to the GE. However, one more context to share is that the GE invest all the way from A to pre-IPO round, so I'd be exposed to the 1-10 and the 10 -100 stage of various companies. But again, like what you said, entrepreneurship can't be practiced. Since either option will provide me with the opportunity to get on the funding call, MBB could potentially give me additional operational touch. Thanks again!
(editiert)
Are the guy who responds to everything? Haha. Nice touch. Ok - now that's a different story, and I've been interested in working with VCs for a while too. I just saw you have ~20-70% greater pay in the GE role so you could definitely consider it. Again, I think it comes down to pigeonhole & no-name and get paid vs big name & broad exposure and get paid much less. If I'm a CS student for example, I'd rather go to Harvard even though they have a less established CS program than to go Caltech if I'm accepted into both because Harvard is a credential that will be useful no matter what I do in the future. Also - another thing you have to factor is location and culture. Where do you get along with people better? At the end of the day I think it's closer given the pay and the broad exposure.