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The comments here make it seem like being an employee at a VC is super elite, and either requires a deep rolodex or deep pockets. While, I've thought about brea
by nodesocket 9y ago
The comments here make it seem like being an employee at a VC is super elite, and either requires a deep rolodex or deep pockets. While, I've thought about breaking from technology and business into the VC game, it seems like being a trader in NY would be more prestigious and probably way more lucrative in terms of compensation. Maybe I've just watch The Wolf Of Wall Street too many times.
- gumby 9y ago> ...it seems like being a trader in NY would be more prestigious and probably way more lucrative in terms of compensation. Basically this is the case. In the case of compensation you get a piece of a much larger n (how many deals does a single VC do (and how much of the proceeds does an associate get -- none or almost none)). And in terms of private equity the VC industry as a whole is a barely visible bump -- there are many private equity firms each larger than the entire VC industry.
- al452 9y ago> Maybe I've just watch The Wolf Of Wall Street too many times. Why do so many HN commenters think that movie is, like, a credible documentary? (I don't necessarily mean you, obviously.)
- nodesocket 9y agoI understand it is not a documentary. :-) lol. I just love that movie.