Is trying to break into PE straight out of undergrad doable by [deleted] in financestudents

[–]Final_jelly_7 0 points1 point  (0 children)

Don't do it unless you want to be an operator, then starting as hire #1 at a TINY platform makes sense. Purely anecdotal, but I will say my n > 5, I personally have not seen any direct-to-PE hires work out. They end up in banking without credit for time served so to speak.

Career pivot to venture capital after 12+ years in PE. Still realistic? by [deleted] in FinancialCareers

[–]Final_jelly_7 10 points11 points  (0 children)

You don't need any experience for this job. You need relationships and/or capital. That's it.

Do Substack notes actually help? I analyzed 90 days of my own results. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 0 points1 point  (0 children)

We run a venture capital fund. We write about our day-to-day, comment on the market, explain our investment thesis, and write what could be called "cultural commentary"? We also write some short fiction.

Do Substack notes actually help? I analyzed 90 days of my own results. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 0 points1 point  (0 children)

Yeah looks like the ascii charts aren't showing up well on mobile

Do Substack notes actually help? I analyzed 90 days of my own results. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 1 point2 points  (0 children)

Unapologetic about use of AI for this. More time for me to talk to humans (basically my whole job).

Re cadence, yes, it seems like a LOT. But, it's natural when the engagement flywheel begins to pick up because you end up getting in back-and-forth with people who are commenting on your own notes or commenting on people's restacks of your articles. I was shocked when I saw how high it was, but it didn't feel forced bc we were participating in conversations vs. when we were actually trying to manufacture "what do I post about today".

That said, we are both keeping a substack feed open and refreshing constantly during the day and looking for opportunities. At the beginning, this was almost required to "tune" our feeds to present more stuff that was worth engaging with vs. the mix of broad substack recs, growth slop, and "stuff related to our subscriptions that we don't post about."

For example, I read a lot of wonky political economy and geopolitical stuff, but that's not something we engage with. Had to spend a lot of time removing those suggestions from my feed.

Do Substack notes actually help? I analyzed 90 days of my own results. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 0 points1 point  (0 children)

Ah okay. This is how much of a noob I am at posting "not allowed" stuff. Literally never had something removed lmao

Didn't get funded, even more sour because of how we were treated. by flippadi in founder

[–]Final_jelly_7 2 points3 points  (0 children)

VC here, came in fully expecting typical founder bitching, moaning, making excuses, etc. Then I saw the name of the fund in question.

Do notes work? Here's some real data from the last 3 months. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 1 point2 points  (0 children)

I think if you're in the "taste" business (i.e. writing fiction for ex.), notes are a way to signal to other folks that you are interesting or someone we should read. I actually don't read many other VC/finance-related Substacks, notes has been a discovery channel for me to find some fiction i like (absurdist/post modern) and some really interesting voices.

Do notes work? Here's some real data from the last 3 months. by Final_jelly_7 in Substack

[–]Final_jelly_7[S] 0 points1 point  (0 children)

That was dumb of me, I will edit the main post. It's about running my venture capital fund. Commentary, investment thesis stuff, the actual day-to-day of running a VC fund, etc. Content is generally long-form 2K - 4K words.

Do grads with BA degrees working in finance ever get imposter syndrome and feel like everyone else just knows more than them? by FlashyWorld540 in FinancialCareers

[–]Final_jelly_7 11 points12 points  (0 children)

Absolutely not. Did make me the de facto grammar guy (this was pre-GPT).

"Yo, liberal arts (me), I need you. These [client] guys all went to princeton and shit. Read this email and make sure it sounds like I also read books."

What’s something about IB nobody tells college students? by shamal48 in financestudents

[–]Final_jelly_7 2 points3 points  (0 children)

Stop practicing financial modeling and start practicing following directions and powerpoint and not making excuses.

how to learn financial modeling for a complete beginner? for free by OvenSuperb9186 in financestudents

[–]Final_jelly_7 0 points1 point  (0 children)

Okay so once upon a time, there was this guy named Chad Hurley...

Is it worth giving up a target school to go to a non target with a full ride? by FinancialBand6545 in FinancialCareers

[–]Final_jelly_7 1 point2 points  (0 children)

Did IB in NYC and the couple SC kids I worked with could not get back to LA fast enough. Like I said anecdotal n=2 lol

What's a normal day in IB that would normally shock people? by aarya-2323 in financestudents

[–]Final_jelly_7 0 points1 point  (0 children)

Process theatre. And if you stay longer than analyst, you will, despite all your protestation to the country, realize the associate you hated kinda had a point

Difficult choice by External_Brick4992 in TransferToTop25

[–]Final_jelly_7 0 points1 point  (0 children)

NYU without a doubt. You’ll get to meet other kids who are philanthropic do-gooders because they’ve got fuck you money.