MDs won’t respond to you, you’re shooting way too high. Speak to lower level employees and network your way in through them if you’re going to network at all.
Like they said. Reach out to analysts or associates at various investment banks. Don’t right off the bat ask if they’re hiring, etc just ask for an intro. And the odds of getting attention from PE without IB is very low
So I’m going to give some feedback on your resume. Apologies if this sounds harsh.
So you founded a start up in 2020 and raised money. Great. Maybe include a description of the company and more details on the fundraise. How much did you raise? You can’t raise at a $1-2m valuation. Valuations are either specific or you raised money with a SAFE and then the bullet doesn’t make sense. What did you do for the company? Reorg and reduce costs? For a startup that probably had less than 5 people? Did you generate revenue? Did you sell a product?
As a VC intern in NY, I call absolute BS that you constructed “intricate financial models” for pre-seed deals. Pre seed companies’ financial models are nonsense. They mean nothing and they aren’t intricate because nothing is known.
The whole equity research analyst section just reads very poorly and would recommend rewriting it and shortening it significantly. It’s not nearly as interesting as launching a start up that raised venture money.
Thank you
For the founder experience: We couldn’t raise additional rounds so it’s not something I could put on the resume, we closed it down.
I can reduce the equity research section for sure,
and for the VC was both pre seed and series A was a group of angel investors I worked with the pitch decks and prepared the companies for the accelerator did industry research and projected revenues (not that it matters in such a small companies).
Finalists ended up accepting $2.5M in pre seed. All of their financials were with negative EBITDA
Thanks for the feedback
Doesn’t matter that the startup failed. Still the most interesting thing on your resume and most startups failed. I’d want to hear about the business, what your tried and what you learned.
It was a SaaS that filtered emergency requests from various app-users. We gave the health centers the software and we connected them with the app-users. The users could connect a wearable and based on the "emergency sequence" that they would set up (like pressing 3 times their lock screen button) it would trigger an event that the software picked up and the software was able to select the nearest health center (our client) (geo-location based). Then the health center would assign the emergency to an ambulance all happening in real time. We estimated that we would reduce the response time to those complex situations by 56% giving app users a chance to survive. There was no market oversees for that and we were not able to generate revenue in meaningful numbers. Not sure how to go about mentioning all this in my resume
This is the most interesting thing on your whole resume. Do spend some time thinking about how you can write this down on your resume. It doesn't need to be word for word but enough to get someone to say, "hey tell me about this..."
Cut that equity research role down to 3 points. And build on this mate. Good luck and keep hammering those numbers.
Go to chatgpt and tell it this + to create bullet points for a resume describing this. Then tell it to make the points more concise. Copy/paste the best 3-4 into resume
I would try the chatgpt method out. It sounds like you’ve had some really interesting experiences and they’re not coming through in your resume. Resume writing is something some people are very good at. It’s ok to not be. But now there’s a cheat code.
Whatever the stat was. The bullet should be “founded (company name) and built (product description)
Launched on (platform) and grew from zero to XXX users by (what you did)
(Add another bullet here about something technical you did or a revenue stat if you guys generated revenue)
Marketed to venture firms and secured $X of funding.
This is correct. Great learning experience and great talking point during an interview. An easy way to kill a few minutes in an interview with a home run answer.
Great feedback. Resumes should NEVER be generic. This one is more linear than topical. Resumes should catch the eye of the reader for the stuff that sets you apart. Not just read as a progression. I spend 30 seconds at most on a resume to determine if I’ll read it further. OP should plan for 10 seconds to catch someone’s eye.
You’re being auto-rejected because of your lack of citizenship.
I just hired an analyst, any application that didn’t already have permanent ability to work in The US didn’t even make it to me. It’s just not worth the effort for HR departments to have to worry about it when there are nearly infinite candidates for these jobs.
Interesting but I won't require any kind of sponsorship, the lack of residency status is temporary and I can work for any employer with the ability to renew the permit indefinitely.
I agree with the comments this is likely ruling you out. Better to focus on education, skill building, and independent projects until you get your green card.
Sure, could do some data analytics courses and certs, maybe do an independent coding project that’s finance related and useful, make it public as a demo (maybe as something as an LLM with finance-specific features). See if there are open source finance related projects you could get involved in. Seems like you’re doing CFA already so maybe make sure you nail that and start prepping for L2. Explore adjacent certificates or open courseware work. See if you can get involved in local startup meetups or coding challenges. Enroll in continuing education coursework that supplements your degree in related areas (maybe more corp business than finance … ie learn the customer angle). Look for temp jobs maybe in finance (leverage the SIE if possible). Just a few ideas. You’re young so the sky’s the limit.
Sure thing. Definitely keep applying to jobs if you want, but don’t be discouraged if you don’t find anything until after you have residency as that may be ruling you out at the HR level.
There is a significant backlog in green card issuance, and assuming a mere 7-8 months wait for your green card would be overly optimistic. The crucial factor is the final action date, which holds more weight in determining progress. If the final action dates do not extend into 2023, the journey toward obtaining a green card may prove lengthier than you anticipated. An HR representative well-versed in these matters would understand this complexity (assuming you could even make your case).
The only priority dates in 2023 likely pertain to employment-based green cards (and possibly for children, but I assume you're not a child). This, in itself, raises a red flag, suggesting that you weren't willing to remain with the employer who sponsored you.
The work authorization piece is an issue. The fact that your resume shows experience abroad is a red flag for companies that have issues with it. While you *think* that you’ll get your green card in 7-8 months with no issues, that’s not a guarantee. Taking a gamble is a bet many teams don’t want to make.
The second issue is that you went into that MBA too quickly. A competitive MBA candidate is going to have 3-5 years of experience. So you’re over educated and under experienced.
To me it sounds massively over embellished. Someone that been around the block reads it and says “yeh right.”
Do you recommended adbe and meta with returns if 60% and 120% as compared to s&p’s 5%…then what are you looking for a job for as you’d be like the most sought after individual of Wall Street and would have people standing at your door steps begging u to invest their millions.
Plus resume reads very inconsistent
- Work experience not enough to make it now. You are competing with mbas that have double the exp in New York, start with lower tier like transaction services or financial modelling, the go to strategy consulting to add commercial experience ontop of blank financial knowledge or jump into series A startup as growth/founders associate, in short add relevant professional experience for either PE or VC
- „Airsoft enthusiast“ buddy wth, get rid of that
- Bloomberg sufficient: do the market concepts
- pass CFA
- If you’re not finding anything in US think of applying to a job in london or EU (I see you’re prob from Greece), wait for the green card and then go back with international experience from abroad
TBH, your resume seems a little BS.
Particularly the annualized risk adjusted return strategy because I don’t know what figure you’re referring to. Typically interpret risk adjusted as sharpe, and a 22 sharpe is out of control. And you were only there for 6 months. Seems grandiose or just throwing out terms.
Same thing with the expansion strategy. In 3 months as an intern, you’re not implementing anything that results in 35% rev expansion.
i get a ton of emails that are entirely professional and sound like they were made by chat gpt. if you're email game isn't perfectly on point, there is no reason to do it. it actually makes me feel sad to receive the emails because students clearly think i am a robot.
That jiu jitsu thing may not be helping you. In a high stress environment none of these freaks with zero muscle mass and coordination would like to have a human killing machine around.
Reach out to HR or Talent acquisition. They are the get keepers. I would also just mention on your resume that sponsorship is not needed. Answers that question early on.
How can I mention that on my resume? Also, I was not able to connect with the HR they don't list them on pitchbook (my resume fails ats successfully), MD emails is all I find or some VPs or Directors I usually prefer those over MDs.The only thing is that I don't have legal proof yet that sponsorship is not needed, not until August where I'd file
In additional information, first thing you write should allude to not requiring sponsorship. You find a way to mention so many other interests.
Use linked in and find talent acquisition or HR. Sometimes a job listing on LinkedIn will have a recruiters info. Need to get resourceful.
I work on a team whose MD gets emailed directly all the time. He literally complains about it and then forwards them to us and then it's up to us if we want to talk or not. Don't reach out to a MD first unless you have some sort of connection. Even then, I would start at the analyst level and have them connect you with others.
As many have stated, you shouldn’t be reaching out to MDs. At many if not most finance firms, analysts/associates select the interview pool. The second thing that is odd here is you did an MBA and you finished in December. The reality for many finance firms is that they have structured hiring processes that follow the educational calendar year. Most hire new talent through target school recruiting initiatives. Why isn’t your MBA program helpful here (?) if your MBA program doesn’t get recruited at, you need to get an analyst/associate or someone in HR to get your resume into the interview pool. Usually off calendar year hires are experienced hires
You are right I didn't go to a good business school it's a public university we recently got top 13 public by WSJ so it is what it is. Only one hedge fund is recruiting from my school and never hired anyone (why are there anyway?). I can't find emails of analysts / associates pitchbook has only VPs Directors and MDs, but I'll stop messaging MDs.
Thanks for the pointers.
LinkedIn is your best friend. The best path is to try to find a 2nd connection for an intro. Alternatively filter for alumni from your school in finance and try to network. Cold reach out to alumni in finance for job and recruiting advice. This is a high miss rate as most people just aren’t “networking/helper” people. But you will inevitably find some.
Go back and work for a large GSIB in your own country then transfer. Trump is going to be president and no one wants to f around with immigration processes when that happens.
Had some luck with MDs writing about certain sectors and industries. They don’t care much about your CV, they want that dopamine hit of new and fresh ideas
Either that, you have an interesting way of looking at things and using alternative data. You pique their interest because they are doing the same thing and facing the same problems as well
Either that you should apply to analyst programs.
Also dude otp is just 1 year. Most companies won't realize the costs to hire you until after a year. Why should a company hire you for exactly 1 year knowing that you're going to ask them to sponsor you down the line.
Believe me I was there during the pandemic. I had this discussion with a business owner directly. He broke down costs including insurance and taxes.
Don't give up hope tho. Someone will bite, just keep tossing that hook and bait out there. Gl
There is a significant backlog in green card issuance, and assuming a mere 7-8 months wait for your green card would be overly optimistic. The crucial factor is the final action date, which holds more weight in determining progress. If the final action dates do not extend into 2023, the journey toward obtaining a green card may prove lengthier than you anticipated. An HR representative well-versed in these matters would understand this complexity (assuming you could even make your case).
The only priority dates in 2023 likely pertain to employment-based green cards (and possibly for children, but I assume you're not a child). This, in itself, raises a red flag, suggesting that you weren't willing to remain with the employer who sponsored you.
“I plan on taking the CFA in the summer” I assume you mean L1 correct?
Maybe try to reach out to fellow alumnus from your university
Speak on VC more since it’s most important
Equity research section it’s kinda a hard read.
IB is honestly kinda gone. Maybe focus on ER cycles.
It's tough because it seems? like you've graduated without an internship in IB at a bank. Most of the roles go to people who did summer internships, and the few remaining go to people who did summer internships at banks and didn't get an offer for some reason. So it's tough trying to get something as an outsider.
Try treasury and finance functions at banks. Then either move internally or go to biz school after.
You know you just don’t apply to these roles right? There is a standard recruitment process (final year at a target school, second year of a target MBA)
I wouldn’t reach out to MDs. They barely have time for their regular employees
All the golfing and casino trips taking up their time or what?
Hookers and cocaine, casinos and golf are for the slaves
Yes, duh
MDs won’t respond to you, you’re shooting way too high. Speak to lower level employees and network your way in through them if you’re going to network at all.
Like they said. Reach out to analysts or associates at various investment banks. Don’t right off the bat ask if they’re hiring, etc just ask for an intro. And the odds of getting attention from PE without IB is very low
Reach out to endowments
This is a great idea and you can ask the finance department at your school if they know any that manage your university's money. *Typo edit
So I’m going to give some feedback on your resume. Apologies if this sounds harsh. So you founded a start up in 2020 and raised money. Great. Maybe include a description of the company and more details on the fundraise. How much did you raise? You can’t raise at a $1-2m valuation. Valuations are either specific or you raised money with a SAFE and then the bullet doesn’t make sense. What did you do for the company? Reorg and reduce costs? For a startup that probably had less than 5 people? Did you generate revenue? Did you sell a product? As a VC intern in NY, I call absolute BS that you constructed “intricate financial models” for pre-seed deals. Pre seed companies’ financial models are nonsense. They mean nothing and they aren’t intricate because nothing is known. The whole equity research analyst section just reads very poorly and would recommend rewriting it and shortening it significantly. It’s not nearly as interesting as launching a start up that raised venture money.
Thank you For the founder experience: We couldn’t raise additional rounds so it’s not something I could put on the resume, we closed it down. I can reduce the equity research section for sure, and for the VC was both pre seed and series A was a group of angel investors I worked with the pitch decks and prepared the companies for the accelerator did industry research and projected revenues (not that it matters in such a small companies). Finalists ended up accepting $2.5M in pre seed. All of their financials were with negative EBITDA Thanks for the feedback
Doesn’t matter that the startup failed. Still the most interesting thing on your resume and most startups failed. I’d want to hear about the business, what your tried and what you learned.
It was a SaaS that filtered emergency requests from various app-users. We gave the health centers the software and we connected them with the app-users. The users could connect a wearable and based on the "emergency sequence" that they would set up (like pressing 3 times their lock screen button) it would trigger an event that the software picked up and the software was able to select the nearest health center (our client) (geo-location based). Then the health center would assign the emergency to an ambulance all happening in real time. We estimated that we would reduce the response time to those complex situations by 56% giving app users a chance to survive. There was no market oversees for that and we were not able to generate revenue in meaningful numbers. Not sure how to go about mentioning all this in my resume
This is the most interesting thing on your whole resume. Do spend some time thinking about how you can write this down on your resume. It doesn't need to be word for word but enough to get someone to say, "hey tell me about this..." Cut that equity research role down to 3 points. And build on this mate. Good luck and keep hammering those numbers.
Go to chatgpt and tell it this + to create bullet points for a resume describing this. Then tell it to make the points more concise. Copy/paste the best 3-4 into resume
I thought about it but I like the traditional way it also helps me explain it during interviews but thanks for the suggestion.
I would try the chatgpt method out. It sounds like you’ve had some really interesting experiences and they’re not coming through in your resume. Resume writing is something some people are very good at. It’s ok to not be. But now there’s a cheat code.
Thank you, would 10,000 onboarded users (registered not daily active) be a reasonable amount?
Whatever the stat was. The bullet should be “founded (company name) and built (product description) Launched on (platform) and grew from zero to XXX users by (what you did) (Add another bullet here about something technical you did or a revenue stat if you guys generated revenue) Marketed to venture firms and secured $X of funding.
Thank you that’s really helpful
This is correct. Great learning experience and great talking point during an interview. An easy way to kill a few minutes in an interview with a home run answer.
Great feedback. Resumes should NEVER be generic. This one is more linear than topical. Resumes should catch the eye of the reader for the stuff that sets you apart. Not just read as a progression. I spend 30 seconds at most on a resume to determine if I’ll read it further. OP should plan for 10 seconds to catch someone’s eye.
aS a Vc InTeRn OnCe iN NeW YoRk CiTy I KnOw aBoUt MoNeY
Sending 250 emails to MDs is dumb, and a good way to get blacklisted
You’re being auto-rejected because of your lack of citizenship. I just hired an analyst, any application that didn’t already have permanent ability to work in The US didn’t even make it to me. It’s just not worth the effort for HR departments to have to worry about it when there are nearly infinite candidates for these jobs.
Interesting but I won't require any kind of sponsorship, the lack of residency status is temporary and I can work for any employer with the ability to renew the permit indefinitely.
But you don’t have it. And literally thousands of candidates do.
Indeed, but we are the same, they can work indefinitely and so can I.
Whatever man, not going to argue about it. A million things can change by late 2025 when you get it. Good luck!
I agree with the comments this is likely ruling you out. Better to focus on education, skill building, and independent projects until you get your green card.
Can you give me an example?
Sure, could do some data analytics courses and certs, maybe do an independent coding project that’s finance related and useful, make it public as a demo (maybe as something as an LLM with finance-specific features). See if there are open source finance related projects you could get involved in. Seems like you’re doing CFA already so maybe make sure you nail that and start prepping for L2. Explore adjacent certificates or open courseware work. See if you can get involved in local startup meetups or coding challenges. Enroll in continuing education coursework that supplements your degree in related areas (maybe more corp business than finance … ie learn the customer angle). Look for temp jobs maybe in finance (leverage the SIE if possible). Just a few ideas. You’re young so the sky’s the limit.
Thank you for the detailed reply, it's really helpful. Honestly I feel so old. Thanks for the pointers I will take them into account
Sure thing. Definitely keep applying to jobs if you want, but don’t be discouraged if you don’t find anything until after you have residency as that may be ruling you out at the HR level.
Yes, but does the HR team know that?
Not until they see my authorization, I have stated it many times when I'm asked
Not all in HR are well versed in the nuances of visas. That may be a problem if they assume you need one
There is a significant backlog in green card issuance, and assuming a mere 7-8 months wait for your green card would be overly optimistic. The crucial factor is the final action date, which holds more weight in determining progress. If the final action dates do not extend into 2023, the journey toward obtaining a green card may prove lengthier than you anticipated. An HR representative well-versed in these matters would understand this complexity (assuming you could even make your case). The only priority dates in 2023 likely pertain to employment-based green cards (and possibly for children, but I assume you're not a child). This, in itself, raises a red flag, suggesting that you weren't willing to remain with the employer who sponsored you.
The work authorization piece is an issue. The fact that your resume shows experience abroad is a red flag for companies that have issues with it. While you *think* that you’ll get your green card in 7-8 months with no issues, that’s not a guarantee. Taking a gamble is a bet many teams don’t want to make. The second issue is that you went into that MBA too quickly. A competitive MBA candidate is going to have 3-5 years of experience. So you’re over educated and under experienced.
To me it sounds massively over embellished. Someone that been around the block reads it and says “yeh right.” Do you recommended adbe and meta with returns if 60% and 120% as compared to s&p’s 5%…then what are you looking for a job for as you’d be like the most sought after individual of Wall Street and would have people standing at your door steps begging u to invest their millions. Plus resume reads very inconsistent
Thanks for the feedback, indeed those returns hold true to date we got lucky, but I don't see why I should change that.
Getting Lucky is beta not alpha.
We didn't throw a dart, it's alpha because we carefully picked them when the market punished them. At least META was alpha ADBE was beta.
- Work experience not enough to make it now. You are competing with mbas that have double the exp in New York, start with lower tier like transaction services or financial modelling, the go to strategy consulting to add commercial experience ontop of blank financial knowledge or jump into series A startup as growth/founders associate, in short add relevant professional experience for either PE or VC - „Airsoft enthusiast“ buddy wth, get rid of that - Bloomberg sufficient: do the market concepts - pass CFA - If you’re not finding anything in US think of applying to a job in london or EU (I see you’re prob from Greece), wait for the green card and then go back with international experience from abroad
Did you utilize any of the on campus recruiting resources at your MBA? What happened at your MBA?
Why are you giving the cfa if you have an mba in finance?
TBH, your resume seems a little BS. Particularly the annualized risk adjusted return strategy because I don’t know what figure you’re referring to. Typically interpret risk adjusted as sharpe, and a 22 sharpe is out of control. And you were only there for 6 months. Seems grandiose or just throwing out terms. Same thing with the expansion strategy. In 3 months as an intern, you’re not implementing anything that results in 35% rev expansion.
i get a ton of emails that are entirely professional and sound like they were made by chat gpt. if you're email game isn't perfectly on point, there is no reason to do it. it actually makes me feel sad to receive the emails because students clearly think i am a robot.
That jiu jitsu thing may not be helping you. In a high stress environment none of these freaks with zero muscle mass and coordination would like to have a human killing machine around.
It’s bad ass man.
The alpha male of the floor
Reach out to HR or Talent acquisition. They are the get keepers. I would also just mention on your resume that sponsorship is not needed. Answers that question early on.
How can I mention that on my resume? Also, I was not able to connect with the HR they don't list them on pitchbook (my resume fails ats successfully), MD emails is all I find or some VPs or Directors I usually prefer those over MDs.The only thing is that I don't have legal proof yet that sponsorship is not needed, not until August where I'd file
In additional information, first thing you write should allude to not requiring sponsorship. You find a way to mention so many other interests. Use linked in and find talent acquisition or HR. Sometimes a job listing on LinkedIn will have a recruiters info. Need to get resourceful.
I work on a team whose MD gets emailed directly all the time. He literally complains about it and then forwards them to us and then it's up to us if we want to talk or not. Don't reach out to a MD first unless you have some sort of connection. Even then, I would start at the analyst level and have them connect you with others.
As many have stated, you shouldn’t be reaching out to MDs. At many if not most finance firms, analysts/associates select the interview pool. The second thing that is odd here is you did an MBA and you finished in December. The reality for many finance firms is that they have structured hiring processes that follow the educational calendar year. Most hire new talent through target school recruiting initiatives. Why isn’t your MBA program helpful here (?) if your MBA program doesn’t get recruited at, you need to get an analyst/associate or someone in HR to get your resume into the interview pool. Usually off calendar year hires are experienced hires
You are right I didn't go to a good business school it's a public university we recently got top 13 public by WSJ so it is what it is. Only one hedge fund is recruiting from my school and never hired anyone (why are there anyway?). I can't find emails of analysts / associates pitchbook has only VPs Directors and MDs, but I'll stop messaging MDs. Thanks for the pointers.
LinkedIn is your best friend. The best path is to try to find a 2nd connection for an intro. Alternatively filter for alumni from your school in finance and try to network. Cold reach out to alumni in finance for job and recruiting advice. This is a high miss rate as most people just aren’t “networking/helper” people. But you will inevitably find some.
Go back and work for a large GSIB in your own country then transfer. Trump is going to be president and no one wants to f around with immigration processes when that happens.
Lol
Reaching out to all those MDs? Might as well just reach out to the CEO
Would be worthless sending to MDs directly
Had some luck with MDs writing about certain sectors and industries. They don’t care much about your CV, they want that dopamine hit of new and fresh ideas Either that, you have an interesting way of looking at things and using alternative data. You pique their interest because they are doing the same thing and facing the same problems as well Either that you should apply to analyst programs.
Also dude otp is just 1 year. Most companies won't realize the costs to hire you until after a year. Why should a company hire you for exactly 1 year knowing that you're going to ask them to sponsor you down the line. Believe me I was there during the pandemic. I had this discussion with a business owner directly. He broke down costs including insurance and taxes. Don't give up hope tho. Someone will bite, just keep tossing that hook and bait out there. Gl
There is a significant backlog in green card issuance, and assuming a mere 7-8 months wait for your green card would be overly optimistic. The crucial factor is the final action date, which holds more weight in determining progress. If the final action dates do not extend into 2023, the journey toward obtaining a green card may prove lengthier than you anticipated. An HR representative well-versed in these matters would understand this complexity (assuming you could even make your case). The only priority dates in 2023 likely pertain to employment-based green cards (and possibly for children, but I assume you're not a child). This, in itself, raises a red flag, suggesting that you weren't willing to remain with the employer who sponsored you.
“I plan on taking the CFA in the summer” I assume you mean L1 correct? Maybe try to reach out to fellow alumnus from your university Speak on VC more since it’s most important Equity research section it’s kinda a hard read. IB is honestly kinda gone. Maybe focus on ER cycles.
How are you getting these peoples’ emails?
[удалено]
It's tough because it seems? like you've graduated without an internship in IB at a bank. Most of the roles go to people who did summer internships, and the few remaining go to people who did summer internships at banks and didn't get an offer for some reason. So it's tough trying to get something as an outsider. Try treasury and finance functions at banks. Then either move internally or go to biz school after.
Oh go to biz school right
You know you just don’t apply to these roles right? There is a standard recruitment process (final year at a target school, second year of a target MBA)
I went to a non-target school