Remove Banking Remove DCF Remove IPO
article thumbnail

Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking? Do you learn anything?

article thumbnail

Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

If you want to read angry comments and long threads with plenty of insults, you can’t go wrong with the wealth management vs. investment banking debate. And wealth managers at large banks may advise people with as little as a few hundred thousand to invest. The truth is that both claims are correct but incomplete.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Mergers and Inquisitions

This style is about purchasing minority stakes in cash-flow-negative-but-high-growth companies that want to scale and eventually go public or sell (think: Uber or Airbnb before their IPOs). In the 2010s, startups began to postpone their IPOs, but they still needed funding. There’s usually a long list of previous VC investors as well.

article thumbnail

The Full Guide to Healthcare Private Equity, from Careers to Contradictions

Mergers and Inquisitions

For more on this, please see our healthcare investment banking article. In terms of mobility , you could easily join a healthcare investment banking team , move to a portfolio company in a corporate development role, or potentially even move into venture capital if you’ve had some life sciences exposure. in biology.

article thumbnail

Venture Capital Interview Questions: What to Expect and How to Prepare

Mergers and Inquisitions

Venture Capital Interview Questions: Markets and Investments These questions span a wide range, as they could ask you to discuss everything from the current M&A and IPO markets to specific startup sectors you like. Q: Tell me about the current IPO, M&A, and VC funding markets. Q: How do you value a biotech startup?

Capital 59
article thumbnail

Growth Equity Interview Questions: Full List, Answers, and Differences vs. Venture Capital and Private Equity

Mergers and Inquisitions

This site has already covered investment banking interview questions , private equity interview questions , and venture capital interview questions , so the next topic on the list seemed to be growth equity interview questions. Exits Up Slightly But Still Poor – M&A activity has ticked up modestly, but the IPO market is still mostly shut.

article thumbnail

Biotech Hedge Funds: A Match Made in Heaven

Mergers and Inquisitions

their Enterprise Values are not worth much for a long time): Hedge funds focusing on public biotech companies step into this process after the IPO part, which means they can bet on extreme value inflections based on binary outcomes. I found one example Rhenman & Partners in Sweden but did not see much else.

Funds 64