WSO: Why Everyone Wants to Go into PE

[image]() Hey {NAME}, Good luck to all of the interns starting this week. Here's a throwback to [a post from over 10 years ago]( that is still very relevant to all of you trying to survive the jungle, and here's [the best summer internship tips.]( -Patrick TOP DISCUSSIONS 1) [How to Stop Viewing Everything through the Lense of Prestige?]( - "You are more than your job. Some day, you will die. On your deathbed, you will never think, "My life would have been so much better if I had been able to lateral to Centerview." You will probably think something closer to, "Why did I waste so much of my life working?" 2) [How Much Does Your First Job Matter?]() - "...Moral of the story is that it could matter but here is just a tiny sliver of the metric of important finance professionals who started at a non-BB/EB and ended up being the type of people who have books written on them. Sure, being in a good job when you start your career is important but it is just the start" 3) [Q&A: Cross Border Corporate Finance and Investment Banking]( - "Charles was most recently a senior Vice President at Greenhill & Co., based in New York, where he advised corporate, private equity, creditor and hedge fund clients in Europe and North America on cross-border mergers & acquisitions (M&A), debt and equity financings, restructurings and special situation assignments across a wide range of industries. Prior to joining Greenhill, Charles worked at Blackstone in London and in the Global Advisory team at Rothschild & Co. in Paris, advising both companies and financial sponsors on cross-border transactions and capital raisings." 4) [Why Does Everyone Want to go into PE?](=) - "Because - broadly speaking - you can make substantially more money at any given level of competence, you are able to touch on more of the deal process, likely ego and hubris, potentially a genuine interest in the work, a greater degree of ownership over a deal and the work you are doing, and a marginally-to-slightly better work-life balance." 5) [How to Manage Long Hours Closing Deals Without Losing Your Mind](=) - "It’s no secret that working in finance and M&A means putting in some serious hours. But, there are things you can do to manage those hours without losing your mind or making mistakes that will come back to bite you. Here's how to make marathon days more manageable." [image](=) UNLOCK YOUR INVESTMENT BANKING POTENTIAL Hey there, future investment bankers! Tired of being rejected by the big dogs in finance? Say goodbye to those blues and hello to [WSO's IB Interview Course!](=) We will show you how to slay those tricky interview questions and ace your dream job. Our 200+ questions and 10+ hours of videos will help you master the technical and behavioral interviews, plus insider tips from banking veterans, and you'll be 100% prepared for anything they throw your way. What’s more? You’ll even find yourself landing more interviews with our proven resume templates and LinkedIn tips. And with the WSO Company Database, you'll get exclusive access to compensation, interview insights, and employee reviews for hundreds of banks. [Level up your finance game](=) TOP DISCUSSIONS CONTINUED 6) [What will being an MD Look Like in 20 Years?]() - "I think for competitive situations, you'll still want to meet in person. When developing a relationship, clients don't just want a big name logo or a whackload of services, they need to trust the person. This is why a lot of BD almost feels like social events. So sure the frequency might dip but on the origination side, think clients will still want to shake hands and look you in the eye." 7) [Can you envision earning a 7-figure income from online courses?]() - "Online courses offer scalability and passive income, with creators earning as much as in full-time jobs, often exceeding six or even seven figures, thus forming the 'new rich' of the knowledge economy." 8) [SA Unspoken Do's and Don'ts]() - "One of the biggest tips I received last summer was to never leave your laptop unattended in the office if you go home. Always take it with you (even if you're not doing work)." NEW PODCAST COMING IN HOT E247: Non-target to BB Investment Banking and Large cap Private Equity to Partner at Alternative Investment Fund - "In this episode, Alex shares his winding path from a non-target university to breaking into a top bulge bracket group at BAML in New York. Learn what made him a top-ranked analyst, how he ended up at Permira, a top private equity fund as their first pre-MBA associate as well as his success and failures once he hopped off the traditional path." - - [Listen on Apple Podcasts]() | [Stitcher]( | [Spotify](=) | [YouTube]() POLL OF THE WEEK [image]() WSO ALPHA - LATEST UPDATES We just uploaded the [April brokerage report]() for those of you curious how we did. HOT JOBS [Investment Associate (San Diego, CA and New York)]() - "The Firm is seeking an associate to support our growing organization. Candidates should be knowledgeable in financial markets and emerging technology, uniquely experienced and biased toward action and results. You will work directly with the investment team to support specific aspects of pre and post-investment workflow. This role will be demanding – consisting of market and technical research, investment diligence, and other activities critical to informed decision-making..." [Institutional Sales – Cash Solutions (Remote)]() - "The firm is uniquely positioned to make meaningful and measurable contributions to designated veteran and underserved communities - commitment to share a percentage of our GROSS revenue with them" [Investment Lead]( - "The firm is a first-of-its-kind brokerage for managing large stock positions. We make the financial instruments used by the ultra-wealthy to manage concentrated wealth available more broadly." [Senior Associate or VP - Investment Banking (Southwest, US)]() - "Be part of the execution of capital raise and M&A transactions, strategic advisory work, and valuations." [Investment Banking Associate, Tech (West Coast, US)]() - "This is an excellent opportunity for someone who enjoys technology and has two or more years of working as an investment banker with early-stage technology companies. Initially, the position will be split roughly 80/20 between analytical and client management requirements, although we would expect the client engagement management component to grow over time." [Equity Research Analyst (NY)](=) - "The firm is a NY-based L/S hedge fund seeking to hire an Equity Research Analyst to support the firm's research and financial analysis of prospective investment opportunities. The Analyst will be reporting directly to the CIO and COO of the firm. The firm takes a value-oriented, fundamental approach to investing in publicly traded REITs and real estate-related companies, focusing on special situations and distressed investing. It has strategic backing from a multi-billion-dollar alternative asset manager." [Wall Street Oasis Finance Research Analyst Internship]( (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis]( @WALLSTREETOASIS TOP POST [image]( ON DECK - TRAINING All in Eastern Standard Time - June 24, 10am - 2pm - [Excel Master Bootcamp]()**** (Open Now) - July 15, 10am - 5pm - [Financial Modeling & Valuation Bootcamp](** (Open Now) - July 15, 10am - 2pm - [Venture Capital Bootcamp]( (Open Now) - July 29, 10am - 5pm - [Investment Banking Interview Bootcamp]()** (Open Now) - Aug 12, 10am - 2pm - [Excel Master Bootcamp]()**** (Open Now) - Aug 19, 10am - 2pm - [Venture Capital Bootcamp]() (Open Now) - Aug 26, 10am - 5pm - [Financial Modeling & Valuation Bootcamp](** (Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com]() WSO Mobile App: [iOS]() | [Android](=) PS - We're also always looking to add [resume reviewers]( and [WSO Mentors]( to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](. PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package]() *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview Course](=) **** Excel Master Bootcamps include lifetime access to the [Excel Modeling Course]() [Facebook]( [Twitter]( [LinkedIn]( [YouTube]( [Instagram]( [image](=) Don't want the WSO Weekly Wrap Up? [UNSUBSCRIBE HERE]() [Unsubscribe]( from ALL WSO Emails IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States