Imran was definitely the one who brought the Alibaba deal -- and it was done out of the NY office as well, not SF. As well, he's leaving to go to Snapchat, so CS just lost one of their top rainmakers. In fact, a lot of people have left and CS SF has no rainmakers left. The exits as of late have not been great. It's 2nd tier in terms of SF banks, coming in after GS, Qatalyst, and MS. They have not been on many deals this past year as well.

 
Best Response
RagingWolf:

Imran was definitely the one who brought the Alibaba deal -- and it was done out of the NY office as well, not SF. As well, he's leaving to go to Snapchat, so CS just lost one of their top rainmakers. In fact, a lot of people have left and CS SF has no rainmakers left. The exits as of late have not been great. It's 2nd tier in terms of SF banks, coming in after GS, Qatalyst, and MS. They have not been on many deals this past year as well.

Returning from the dead because WSO is terrible at giving SF-related advice.

  1. On Khan leaving...

Doesn't mean shit. Credit Suisse owned Asia tech long before he showed up, and IK was a US/NY-based JPM Internet analyst before he joined CS. Doubt he knew who Jack Ma was when he joined. He certainly didn't originate the relationship. Dude's supposed expertise was Google, Yahoo!, etc...US/Silicon Valley-based internet companies. Which is, you know, the area that CS Tech could improve in...

So I don't really get the hand-wringing over this. Khan took credit for killing it in Asia when he has no expertise there, failed miserably in his supposed area of strength, and just took a fuckload of options to go jump ship to the world's most over-valued internet property. Meh.

  1. On CS SF Tech

Sweatshop. Great exits - Silver Lake, H&F, KKR, Menlo, a gajillion VCs, etc. Place very well every single year. ANL class is pretty much Wharton/Berkeley, plus a Stanford/Ivy League guy every now and then. You'll get a really strong technical experience - tons of M&A and LBO work - and a slightly weaker IPO one, since GS/MS usually get left-lead on IPOs. Dig around on the other threads for more info, think I did a breakdown of the SF Tech landscape a while ago.

I'll reiterate a fact that seems to get lost every single year - GS SF has two groups, TMT and WRA. TMT is, you know, GS TMT. GS WRA is 'everything non-TMT that GS NY coverage can't be bothered with.'

 
LBJ's hair:
RagingWolf:

Imran was definitely the one who brought the Alibaba deal -- and it was done out of the NY office as well, not SF. As well, he's leaving to go to Snapchat, so CS just lost one of their top rainmakers. In fact, a lot of people have left and CS SF has no rainmakers left. The exits as of late have not been great. It's 2nd tier in terms of SF banks, coming in after GS, Qatalyst, and MS. They have not been on many deals this past year as well.

Returning from the dead because WSO is terrible at giving SF-related advice.

1. On Khan leaving...

Doesn't mean shit. Credit Suisse owned Asia tech long before he showed up, and IK was a US/NY-based JPM Internet analyst before he joined CS. Doubt he knew who Jack Ma was when he joined. He certainly didn't originate the relationship. Dude's supposed expertise was Google, Yahoo!, etc...US/Silicon Valley-based internet companies. Which is, you know, the area that CS Tech could improve in...

So I don't really get the hand-wringing over this. Khan took credit for killing it in Asia when he has no expertise there, failed miserably in his supposed area of strength, and just took a fuckload of options to go jump ship to the world's most over-valued internet property. Meh.

2. On CS SF Tech

Sweatshop. Great exits - Silver Lake, H&F, KKR, Menlo, a gajillion VCs, etc. Place very well every single year. ANL class is pretty much Wharton/Berkeley, plus a Stanford/Ivy League guy every now and then. You'll get a really strong technical experience - tons of M&A and LBO work - and a slightly weaker IPO one, since GS/MS usually get left-lead on IPOs. Dig around on the other threads for more info, think I did a breakdown of the SF Tech landscape a while ago.

I'll reiterate a fact that seems to get lost every single year - GS SF has two groups, TMT and WRA. TMT is, you know, GS TMT. GS WRA is 'everything non-TMT that GS NY coverage can't be bothered with.'

I did some search but can't find the post you refer to. Do you mind to share the link? WSO has limited info for SF/Tech banking especially from associate's prospective. thx.

 
sofib09:
I just got an email saying they had something available with the tech group, and I agreed to do a phone interview.

Anybody have any helpful info?

Well, if you answered Dacarez's question, maybe he'd be able to help you.

 

CS TMT is very good, sharp individuals. Only HC and TMT are in their SF office (CS SF HC almost exclusively does biotech work). From what I understand CS TMT does a good deal of clean-tech deals, usually cross-borders, that the analysts participate a lot in (cool to interact btwn China-SF-NYC).

As for exit opps, they are outstanding. I know of one guy going to KKR Menlo Park, and megafunds/good SF PE exits aren't uncommon all around.

Array
 

I'm pretty sure SF only has Tech and HC, and I know Tech recruits separately so the fact that you don't know which group you're going to makes me suspect....

Dealflow is good for Tech, they're more capital markets focused as of late vs M&A (still rebuilding their M&A practice).

I liked everyone I met there.

 

CS healthcare in SF is very strong. They are a sweatshop though. PE placement is pretty outstanding from what I've heard.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 

but I think there will be turnover at senior level (i.e. Bouturos and another one of his top guys) when Quattrone starts his advisory shop later this year or early next year. Then CS will be just another bank. I'd get an offer and leverage it at GS/MS if you're at target school.

 
pinkclouds:

I don't understand this obsession with prestige....why don't people just pick what they want and go after it. Simples.

@pinkclouds - sorry but did you block me? sent over my CV as requested but now when I try to view your profile it says access denied.

 

Still active in internet and new media, if I recall correctly. Enterprise software, which was their bread and butter, has really suffered. Not sure how they are with electronics and semis.

When one man, for whatever reason, has an opportunity to lead an extraordinary life, he has no right to keep it to himself.
 

Analysts don't get paid on deal execution, and there's no MDs on this site...so....go away bunkerbanker.

NY lifestyle is much worse for CS TMT. MDs are much tougher on the analysts and the deals are far fewer between and much less interesting. Unless you think working with fintech or old-school BPO companies are more interesting than software or Internet companies.

That said, the NY office isn't terrible. Have had kids go off to large PE funds, some hedge funds and a few good VC funds as well. Not a bad place to land if you're at a CS coverage group in New York.

 

It's traditionally been one of the powerhouse tech groups on the WC. Previously it was neck and neck w/ Goldman in terms getting top mandates.

Ace all your PE interview questions with the WSO Private Equity Prep Pack: http://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions
 
Stringer Bell:
It's traditionally been one of the powerhouse tech groups on the WC. Previously it was neck and neck w/ Goldman in terms getting top mandates.
LLLLLLLLLOLL AHAHAHHA
 
<span class=keyword_link><a href=/finance-dictionary/what-is-alpha>alpha</a></span> mail:
The heavy hitters in SF tech have generally been GS, MS, and CS -- every other bulge is not really a big player on big deals (yeah occasionally you'll see UBS or DB but not much). The CS SF tech team has lost a number of key senior bankers to Qatalyst, which is another top shop.
Exactly
 

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-- Interview Guides GMAT Tutors WSO Resume Review --- Current: Senior Analyst - Hedge Fund Past: Associate - Tech Buyout Analyst - Morgan St
 

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