University of Auckland Investment Club’s Post

🧠 The best jobs are ones where you never stop learning. Working in VC as an intern is a fantastic opportunity for that kind of exponential growth – absorbing knowledge and supporting a more entrepreneurial and innovative ecosystem. 🇪🇺 Apply soon for the 2025 Internship Program at Earlybird Venture Capital. 👀 See the details below. (+ Read a first-hand POV of 2 former interns) ⬇️ cc: Nicole DeTommaso, Elisabeth Tuttass for the 'Breaking into VC' lists? ✍️ #VC #Internship #Europe #VentureCapital #Opportunity #Finance #Startup

Hult Students: Looking for Internships in Quant Finance? Sending countless applications is not the only way. Hedge funds, prop trading firms, investment offices are always looking for talent supported by skills. Today we had Jared Broad, QuantConnect Founder and CEO, speaking in our AI for Investment Management class at Hult International Business School. Jared described QuantConnect's new initiative, Quant League, designed to connect students with several hundred professional investment firms that leverage QuantConnect Platform for strategy development and trade execution. Quant League is a place where student teams from academic institutions can engage in open competition and showcase their creativity. On a separate note, special thanks to Jared for sharing his own entrepreneurship story. Towards the end of the talk, Jared summarized his vision about the future of QuantConnect: a "Linux OS for Quant Finance". As a Linux user for 25+ years, I particularly appreciate this quote. Good luck to all the Hult students competing in the Quant League!

🤷🏻What’s the deal with Pre-Money vs Post-Money valuations? “What’s the difference between pre-money and post-money valuation?” This week I sat in an internship interview with Charlton Koh when he asked this gem of a question. I love it because the answer tells you a great deal about someone’s understanding of VC concepts. Here’s my take on what one star ⭐️to five star answers look like: ⭐️ - Mathematical Thinking Post-money = pre-money + funds raised ✍️Doesn’t matter what we use. ⭐️⭐️ - Business Thinking Pre-money is fairer. Logically we should first value a company, add cash to it, then post-money is a calculated outcome. ✍️Always go pre-money. ⭐️⭐️⭐️ - Investor Thinking Pre-money = valuing the company Post-money = ensures we get our target ownership ✍️Always go post-money. ⭐️⭐️⭐️⭐️ - Next Order Thinking 💡Price per share (PPS) is more important than valuation. Pre-money: Investors participate in dilution such as creation of new ESOP. Book value can drop immediately after I invest, which is not ideal. Post-money: PPS remains unchanged as investors do not participate in dilution, but this means the more a company raises the lower the pre-money. Also, founders dilute more the more they raise - illogical. ✍️Depends on who negotiates better ⭐️⭐️⭐️⭐️⭐️ - Conceptual Understanding Pre-money or post-money shouldn’t be a “I win, you lose” outcome between founders and investors. At early stages (ballpark $0 to $3M ARR), the value of a company is so low that pre-money valuations wouldn’t make sense. Instead, we take into account 1️⃣funding requirements 2️⃣reasonable founders’ dilution, and 3️⃣investors’ target outcomes, then lock these in using a fixed post-money valuation. At later stages, valuation techniques start to make sense as the business is more stable and there’s good data 📈📊to do forecasting. Doing so results in a fairer deal for all parties. Founders don’t get penalised for raising more cash. 😹Cat’s out of the bag. Now Charlton has to find even better questions to ask!

As our intern spotlight series continues, we’re excited to highlight Andrew Craft, an incoming junior at Penn State University studying finance. Andrew has joined our Capital Markets team for the summer and is based out of our Plymouth Meeting headquarters. His enthusiasm and eagerness to learn are already making a positive impact, and we are thrilled to have him on board. Read on below to learn more about Andrew: 1. What is the best piece of professional advice you have ever received? The best piece of professional advice I have ever received was to stay intellectually curious. I incorporate this into my professional and personal life by constantly developing my expertise and exposing myself to new ideas. I believe that learning is never finished, and this advice echoes that idea. 2. How do you stay updated on industry trends and developments, and how has this knowledge impacted your work? There are lots of ways I stay updated on industry trends. When I wake up every morning, the first thing I do is read a financial markets newsletter to give me an overview of recent developments. I am also constantly checking The Wall Street Journal and Yahoo Finance to stay up to date. At school, I am the head of market news for the Lions Eye Newsletter, where I write a section covering any stories relating to financial markets and real estate. This helps me to stay up to date while simultaneously allowing me to help others stay informed as well. I also attend pre-market club meetings at school to discuss current trends and developments in finance and real estate with other students. 3. If you could share some advice with your younger self, what would it be? If I could share advice with my younger self, I would emphasize the importance of networking and forming connections with people. Throughout my time in college and previous work experiences, I have realized the importance of creating and maintaining a strong network. It is amazing how much you can accomplish when you have people willing to support you. 4. If you could trade jobs with any fictional character for a day, who would it be and why? If I could trade jobs with a fictional character for a day, I would switch with Lightning McQueen from Cars. I have always dreamed of being a racecar driver and I would love to be able to do that while also hanging out with all of the characters from the movie. 5. Describe your dream office space or workspace, (no matter how extravagant or fantastical it may be.) My dream office space would combine indoor and outdoor working spaces. I love being outside, and I would love for my office to have a nice view, maybe overlooking mountains or a body of water. I would also like to have some fitness equipment in my office to keep me moving as I work. #CenterSquare #SummerInternship #Spotlight

#hiring #invesment #banking Marquee Equity #intern Marquee Fellowship Program is hiring Investment Banking Fellows. 6-12 Month Program Rs 500 as Monthly stipend. Work? Creating one Research Report per month! How to apply? Fill the form in the comments - Give my name as the Reference

Does private equity rip companies apart? At our intern orientation, I got an interesting question: “Private equity firms have a bad reputation for buying companies, stripping them down and firing everyone. Our mission at Aux Insights is to create more value by helping businesses grow.  How do you balance that with PE’s slash-and-burn approach?” My answer: While there may be a few “bad actor” PE firms, this narrative is mostly driven by the media.  Most PE firms are looking to add value and they know you can’t “Cut your way to growth.” But truthfully, companies get bloated. They have 100 people doing the job that 25 people can do. PE firms aren’t “churning and burning.” Reducing headcount IS a form of value creation.  They reduce costs or reallocate expenses. That creates value. Such a good question. I love intern season!

[VIG x VAM] | Career Experience Program_Business Case #6 | Growth Strategy for an Education Provider 🌟 Registration form: https://s.pro.vn/po9y 🌟 Eligible applicants: University students (priority given to VAM mentees) 🌟 Round 1 application duration: 20/9/2024 - 25/9/2024 💥 Note: The form will close shortly once the required number of submissions is reached. 👉 Are you a student passionate about finance and eager to gain hands-on experience in the private equity industry? The collaboration between Vietnam Investments Group (VIG) and Vietnam Alumni Mentoring (VAM) offers you a unique opportunity to work on real post-deal cases, guided by VIG professionals. 💡About CEP This Business Case Collaboration is part of the CEP program, the first and only initiative in Vietnam that partners with PE firms to provide high-quality, free career experiences for students. Through CEP, you will be exposed to real-world challenges, gain valuable insights, and build connections that can help shape your future career. 🌟 Why Private Equity? Securing an internship in Private Equity is highly competitive, and firms often look for candidates who have relevant experience in investment banking, consulting, or corporate finance. The competition is intense, with firms preferring candidates who excel both academically and in skill set. This background helps interns adapt quickly to the demands of PE, such as financial modeling, due diligence, and deal execution. A strong academic record, coupled with skills in business strategy and analytical thinking, is also highly valued. Private Equity internships provide rare exposure to high-level decision-making processes in investments, mergers and acquisitions (M&A), and corporate strategy. However, through CEP program, even students who haven't yet graduated have a direct path to access and learn from PE professionals, making this a rare stepping stone into an industry known for its high standards and limited opportunities. 🌱 What You Will Gain This program offers unparalleled access to post-deal analysis, mentorship from experienced professionals, and a chance to sharpen your analytical skills. For students looking to build a career in finance, especially in private equity, this is a rare opportunity to learn from those actively working in the field. Additionally, participating in this case collaboration enhances your ability to think critically and understand the complexities of financial transactions. If you're ready to challenge yourself and grow in the world of finance, we encourage you to apply. ------------------------------------------ Contact information: 📞 Hotline (Zalo): (+84) 39 227 5843 (Ms. Phương) 📬 Zalo group for candidates: https://lnkd.in/gfNmz2Yw 🌐 Website: https://lnkd.in/gPxRk7_e 💌 Email: hello@alumni-mentoring.edu.vn

People don’t respect their failures! - If they can’t clear JEE, “IIT doesn’t matter”. - If they can’t get placed, “placement is for weak people, I can’t work for someone from 9 to 5” - “IAS isn’t good, politicians don’t let them work” - “Branch doesn’t matter, just do DSA” - “Rank doesn’t matters, all are same” - “Money doesn’t matter” People justify all these statements with 1-2 exceptions as examples.   That’s the main thing that differentiates a loser from a winner. Winners always respect their goals even if they fail to achieve them. I couldn’t score an under 100 rank in JEE Advanced but I never thought for a moment that rank doesn’t matter. Then I started looking at profiles of such rankers (under 100) after my first year itself, I observed similar trends, they do research intern after their 2nd year in some foreign university and then join as a quant in an Indian hedge fund or foreign (one got 65 Lakh INR+ for just 2 months). I started python, developed a quantitative momentum strategy, got selected for a research intern in Taiwan (only one in 2nd year to get selected) - on campus. In my 3rd year I got frustrated after seeing that no hedge funds participated in the campus internship(IIT doesn’t matter) and I wanted to work only in that domain or if the company is offering position outside India. I only applied to a Japanese company throughout the season (I found FAANG overrated and underpaid as compared to these roles). Then again, I started applying off campus, got offers from Swiss, Japan, Taiwan and North America (all off campus). I chose quant research and flew to North America. Got money, got experience and got confidence that I am doing well. But I found that I like challenges out of all these things so I chose to grow Easecruit full time with Kartik Yadav and currently we are doing better than ever and growing at a very fast pace.

Exciting news from Millennium Money Finance! We’ve just released our equity research on ADVENZYMES, highlighting a potential upside of 42%! 📈 Dive into the details and see why this could be a game-changer for your investment strategy. For inquiries and career/internship opportunities, reach out to us at millenniummoneyfinancial@gmail.com. #EquityResearch #InvestmentOpportunities #Finance #StockMarket #CareerGrowth

Over the course of an intense six-week within the A. Stotz Investment Research internship program, I had the opportunity to write a comprehensive equity research report. The experience was enriching, providing me with hands-on exposure to various aspects of company valuation. I enhanced my skills in financial modeling, comparative analysis, and interpreting key financial metrics while gaining deeper insights into real-world investment scenarios. All thanks to Andrew Stotz and Mo'men Elsayed, I gained practical experience that has significantly strengthened my understanding of equity valuation, enabling me to apply theoretical knowledge to practical case studies and better prepare for a greater future in finance. #ValuationMasterClass #Valuation #Finance #FinancialAnalyst #InvestmentBanking