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Stella was a hedge fund analyst and couldn't get tech interviews
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Transition Summary
Hedge Fund Investing Analyst, D.E. Shaw
Product Strategy & Operations, Linkedin
Product Manager, Google
Hi Stella! What made you transition from Hedge Fund to PM in Tech?
I have always really loved people. I love learning about people, understanding different ways of being, thinking about how to help people through individual decisions – or the way we organize ourselves at scale.
When I was in college, that translated into nonprofit work focused on community building and education for migrants.
I started a nonprofit with a colleague and our focus was on education for non-English language speakers. People who had immigrated from other countries– the goal was to provide education at grade-level.
I focused on the humanities and social sciences in college. When I graduated, I didn't really know about the wide range of career options open to me at that time. I saw it as: there's finance, there's consulting, or there's continuing my schooling and going into government or law.
At that time, I had a fellowship to pursue a fully funded masters degree in France at Sciences Po. But I wanted to learn more about industry before I pursued further schooling. So I did go and join a hedge fund and it was an amazing experience. But during my time in finance, I really missed that feeling from my work on the nonprofit; the feeling of actually building with the team. I was analyzing returns or analyzing currencies. But I really missed that feeling of working with people and building something.
I was reflecting:
I think I need to make a career shift because this path is currently lacking what really gives me energy .
And openly, I was also dating someone who lived across the country from me and was a software engineer in San Francisco. I never thought I'd be making a decision based on my love life. But I thought – I might as well consider what job opportunities could be open near this person. And that very quickly led me to technology.
Within tech, I discovered the role of a PM, which I had never even known existed before. It was like everything that I loved about the work I did on the nonprofit, blended with the strategic and quantitative work I’d honed at the hedge fund: understand the user, think about things that can make their life better and marry that with reasonable, logical business strategy and implementation decisions to make well reasoned investments for your team and company. hen Pulling in my academic and extracurricular work in literature and theatre, there is also the dimension of storytelling: product management also involves marketing, narrative and vision.
And I was like, this role just seems like so much fun. And then when I looked at the peers I knew who had gone down that path, they were all people that I really resonated with. I was like, oh, that's a pretty strong proxy. All these people who I think are super awesome and very energized and fun and creative have all chosen this path.
So that's my winding way to how I learned that PM was even a thing and how I became interested in it.
How did you make it happen?
I was working at the hedge fund and I acknowledged I want to make this move into tech and I want to work on consumer products. And so I immediately started trying to figure out what are the main skills that I have today that I should be emphasizing and the skills that I may be lacking that I want to make sure I have in my toolkit before I go apply to these jobs.
I basically did a broad survey where I talked to as many people as I could who were working in the types of jobs and also did a lot of reading online about what skills may be helpful and one of the things that I had a hypothesis that would be useful for me was a bit of a programming background.
I took some online classes from MIT on intro to computer science. I started to feel a bit more confident. I don't think you have to do that by the way, but it just made me feel extra confident when I was going into my conversations.
And then I felt like I could start applying to companies and go into my job search.
I got a ton of rejections.
Every time I applied to something cold, my email, my resume was immediately screened out. And I think this was because my liberal arts and finance background.
I was still getting a ton of rejections, like a ton of rejections. So then I had to basically find the companies that had enough similarity on paper with my resume that they would consider me, even if they weren't actually what I thought I would be best at. So I was like, okay, I'll apply to FinTech because FinTech thinks I will be good because I come from finance, even though I'm much more of a consumer product person.
So that helped me get some interviews.
The thing that moved the needle for me was finding an alumni from my school who had a strong product position at LinkedIn, and he posted about it on LinkedIn and I reached out to him.
He said, reach out to the hiring manager. So I crafted a cold email for the hiring manager, but didn't hear back. Two weeks later, I just followed up on the email again with even more reasons that he said I would be great for the team, and luckily he responded and then I got through the interviews, and I got the job.
And then one other important thing happened here, which was I was very open with people about my goals.
A friend whose brother was an engineer at Google took my resume to his senior PM and urged him to consider me for a PM role.
I still thank this person because that was a really pivotal part of my overall career. Google then interviewed me for a product role, which I was super lucky at the time because I again had no industry experience yet. And I actually did got great feedback on the onsite but ultimately they wanted to see hands on work with engineers before approving my hire.
Their feedback was: you haven't worked with engineers before, so we actually want you to go and get hands-on experience with engineers and then come back.
So when I went to LinkedIn and did product strategy and operations for two years. At the end of that, I still was itching to explore product management. I wanted to help drive the vision and critical decisions for my team, and to learn about more parts of the tech stack – including new and innovative technologies – beyond consumer apps.
I emailed the same recruiter who I had talked to before at Google and was able to be fast tracked to an onsite. Again, I am so grateful for that initial person who helped advocate for my candidacy the first time around.
One other thing I would say is just also for folks to know from a confidence building standpoint: I got the first job at LinkedIn, I went there, and it was amazing, I learned a lot, and then when I applied to product roles again a year and a half later it was much easier.
After just 18 months, it was a completely different process for me looking for a job. I had multiple offers and a really fun time through all of the interview processes, learning about different teams and types of product work. And so it was also a good reminder to me sometimes it might take a little longer than you wanted to reach your goal. But if you keep working towards that thing you are adding more skills, you are getting more confidence, you are becoming smarter in the ways you want, and things will work out.
What else do people need to know going into this process?
There are two things that I want to acknowledge up front.
So one is, in my opinion, too much of a mystique and a prestige around these things that are just regular jobs. Everyone has the capability and ability to do one of those jobs if that's what they want.
And then separately network effects are very important. I think that it's important to recognize who can help, who you can have conversations with and who can help you get through the door when you're trying to make the awesome person that you are known to the recruiters of the company.
So definitely don't underestimate the importance of your network or building a network when you're trying to get any job, including in tech.
For my journey I was really lucky to be coming from a position where I had gone to a school that has a lot of name recognition, but I think you can come from any school and still have a great path.
Just calling out the levers that helped me!
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How did you keep a good mindset throughout the rejections?
That first time transitioning from tech into finance, it was just a ton of applications and a lot of rejections. It made me think back on my early years pursuing acting – which is a constant process of embracing rejection.
But through college, I had learned to be more private about my failures or successes – it was a more guarded atmosphere. I avoided talking about things that weren't perfect. But after this process for me with my career journey, I try to be so open about the rejections because it's just not something to take personally. It's so normal. You're going to get so many rejections and you just keep going and learning in the process. Maturing your thinking and skillset.
During that first transition into the tech industry, I actually don't remember being super discouraged though. I was reading as much literature as I could online from other people who had made these transitions and the stories were consistent: you get a lot of rejections, but ultimately you just need one opportunity to work out. And then the rest will follow.
Another way I tried to view these things is you are learning in the process.
So every interview you have, you learn something from it through your job preparations. It's not transactional work. It's not like you're doing times tables, arithmetic – you're actually learning interesting things about the business, the industry, metrics, computing, technology, design frameworks, product thinking, all of those things actually help you.The interview is like an opportunity for you to have to problem solve with your interviewer. I try to do interviews the same way like it is your opportunity to do a mini working session with that company. That was my same approach to acting auditions: your mini play.
I was way over prepared for my Google interviews, but then when I got to the job, I was like, Oh, I literally feel halfway ramped because of how much preparation I did.
If you're not enjoying the prep, that might be a signal that you won’t like the job.
The more you prepare and take that seriously, the better heuristic it will be for you. Am I actually going to enjoy this work? Because you're going to get a job in it eventually. But if you're not enjoying the process, be honest with yourself. Maybe there's something else that could make you happier.
What were the content resources that helped you?
I actually put together a document called “Getting a job in tech without ever having worked in tech,” It's a consolidated list of resources. Check it out here!
I always recommend to people the book Cracking the PM Interview. It's a canonical book. It was written a while ago, but it's still very relevant.
One thing is to really understand the company you're applying to. I think actually people underestimate the importance of this. You should understand the mission of the company. You should understand how they make money. You should understand the competitive position that they're in and then maybe have one or two ideas about how, if you were working there, what you may be excited to focus on. No matter what questions you're asked in your interview, you can always find ways to weave that in.
And it just demonstrates that you really care about the place you're applying to and actually could see yourself working there.
And then the third thing is if you're applying to big tech and not a startup, like a FAANG company, there's so much literature online about those specific interview processes. Really leverage that. For Google, there's a whole curriculum of stuff on Google PM interviews. That stuff is actually pretty useful. So I would recommend people do that.
Some other media I recommend is a website called Hacker News. I also like TechCrunch. There's also a well known podcast called How I Built This. It's pretty inspiring if you just want to learn about various CEOs and how they built their product. Everything from Allbirds to Lulu Lemon or Facebook, like it's just, it's really interesting to get inspired by.
And then since joining the industry, I've had various fascinations. I had a period where I was interested in learning about cybersecurity, the internet of things and hacker culture, including crypto. I read a bunch of books on that. I am also interested in business strategy and consumer product adoption. I’ve read a bunch of interesting books on that. Don’t be afraid to go deep into topics that interest you. I have recommended reading lists in my How to Get a Job resource.The one other thing I would mention is Reforge. It's a product school, but they have a lot of free resources and I actually even use that on the job.
My number one advice: use your job search as a time to reflect on who you are, what you care about, and then build the skills, knowledge and community that will help you reach your goals – if not immediately, in time.
Transition Tales