u/AppealCapital5009

▲ 2 r/CFA

Is it a good idea to only use the Uworld Qbank for preparation of Level 2? Considering that the CFA LES explanations are terrible.

My L2 attempt is in Nov-26, I'll be registering for the exam by end of this month. For L1 I had relied on both Uworld and CFA LES, did all the MCQs from both sources and secured above 90 percentile.

For L2 now I'm also working a full-time job, so don't have so much time for the LES especially considering that the quality of LES questions and explanations are not that great.

I'm considering getting the Uworld Qbank and just using that as the only source and then going into the exam. Is this a good idea to rely on only Uworld? I'm not trying to sell Uworld, this is a genuine question.

Edit: For an additional resort, I will purchase the Practice Pack as well and reference that to brush up regularly.

Is this a good strategy?

reddit.com
u/AppealCapital5009 — 8 days ago

These instagram content creators are promoting fundraising content as if investors are throwing cash money at any and all startups like free candies.

It's so cringe and false information. I was shocked that these guys have so many followers and the entire day these creators are pumping such content.

What their average reel sounds like "XYZ fund is throwing $5 mn at every startup, without revenue, without product, without even registered company..hurry follow and comment".

This is not how startup funding works, there's so many variables and screening and evaluations that go behind the scenes before even a term sheet drops, cold-emails are outright ignored by the VCs, warm introductions are next to impossible to come by, endless analyst calls, empty e-mail inboxes, no replies, countless months of silence and most founders even give up and shut shop, and here we have these so called content creators are screaming on Instagram that VCs are distributing millions of $$ funding to every Tom Dick and Harry.

Please be aware of these instagram channels they include

@thefundguy

@rajyavardhanbhandari

And these two self proclaimed gurus think they know how startup funding works.

I've been working in the startup space for more than 5 yrs, and have worked with numerous startups for their fundraising processes and this is definitely not how fundraising happens. These instagram gurus are next level of yappers.

u/AppealCapital5009 — 24 days ago