Ivy League Valedictorian Quits Largest HF to Open Bakery
(King Kong, 1,698
Points)
on 8/10/12 at 6:00pm
Ben Gifford ’10, the valedictorian of his class, left his job at Bridgewater Associates after a year and a half. The next day, he decided to open a San Francisco-based bakery called Double or Muffin, an idea he and his childhood friend and Double or Muffin co-founder Sean Pears conceived while they were at a coffee shop in their hometown of Newton, Mass., according to Gifford.
I'm not surprised in the slightest folks.
Adventurous entrepeneur? Another fool on the hill? Is some part of you jealous?






http://dealbreaker.com/2012/0
http://dealbreaker.com/2012/08/ray-dalio-loses-fel...
"But at the end of the day, I’m really just not that passionate about macroeconomics or financial markets."
Philosophy majors...
"I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine."
Without a physical store,
Without a physical store, Giffords and Pears sell their muffins in various locations in San Francisco. Usually based out of parks, their stand is a table decorated with Double or Muffin logos, Gifford said...
...Gifford said that he and Pears plan on expanding their business to different cities once their business makes enough money to do so.
This is my favorite part of the article. Coming soon, muffins in parks nationwide!
Hey, don't be hating. The
Hey, don't be hating. The founder of Red Mango was an investment banker before he started the franchise, and now he's all but rolling in the benjamins.
"Accept no one's definition of your life; define yourself."
Currently: quantitative marketing/business development
Previously: management consulting, investment banking
Whenever I bring up
Whenever I bring up Bridgewater with my friends , the Jonestown and Waco jokes start to follow. That said , they're obviously doing something right.
Is there anyone who's actually worked there as an Investment Associate , or has decent knowledge of what the role entails?
That's fucking awesome. And
That's fucking awesome.
And you guys should be masturbating on this article, it means a spot has opened up at Bridgewater. Unless, of course, none of you have a chance.
"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer
OMG SOMEONE STOPPED DRINKING
OMG SOMEONE STOPPED DRINKING THE KOOLADE
YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...
good for them
good for them
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chicandtoughness: Hey, don't
Hey, don't be hating. The founder of Red Mango was an investment banker before he started the franchise, and now he's all but rolling in the benjamins.
do u have purpley-red hair IRL?
UFOinsider: OMG SOMEONE
OMG SOMEONE STOPPED DRINKING THE KOOLADE
He needs to find the microchip inside his brain and DISABLE IT!
Ha, Dartmouth.
Ha, Dartmouth.
chicandtoughness: Hey, don't
Hey, don't be hating. The founder of Red Mango was an investment banker before he started the franchise, and now he's all but rolling in the benjamins.
There is a big difference between the business model of:
- Selling frozen dairy and pieces of fruit at $5 a cup
- Selling muffins in a public park (illegal) with a 50% chance of giving away inventory with each sale (25% expected discount per sale, or most of a food business's gross margins), and trying to get people to buy t-shirts
freeloader: chicandtoughnes
Hey, don't be hating. The founder of Red Mango was an investment banker before he started the franchise, and now he's all but rolling in the benjamins.
There is a big difference between the business model of:
- Selling frozen dairy and pieces of fruit at $5 a cup
- Selling muffins in a public park (illegal) with a 50% chance of giving away inventory with each sale (25% expected discount per sale, or most of a food business's gross margins), and trying to get people to buy t-shirts
Simple solution: overcharge by 25%...
"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer
GS: Whenever I bring up
Whenever I bring up Bridgewater with my friends , the Jonestown and Waco jokes start to follow. That said , they're obviously doing something right.
Is there anyone who's actually worked there as an Investment Associate , or has decent knowledge of what the role entails?
Check out glassdoor.com. Form those anonymous accounts apparently they got a 40% turnover rate, and their culture is a like a crazy cult.
freeloader: chicandtoughnes
Hey, don't be hating. The founder of Red Mango was an investment banker before he started the franchise, and now he's all but rolling in the benjamins.
There is a big difference between the business model...
I hoped my sarcasm would have been more apparent :(
do u have purpley-red hair IRL?
It's pink, dammit.
"Accept no one's definition of your life; define yourself."
Currently: quantitative marketing/business development
Previously: management consulting, investment banking
chicandtoughness: It's pink,
It's pink, dammit.
dont b mad bro, haters gunna hate
"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer
". After being rejected from
...well, he's no use to us if Detroit is his idea of a small town!
chicandtoughness: freeloade
freeloader: chicandtoughnes
"Accept no one's definition of your life; define yourself."
Currently: quantitative marketing/business development
Previously: management consulting, investment banking
I wanna taste doze muffins. I
does some lame hedge fund job
Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
sayandarula: does some lame
And I think it's gonna be a long, long, time
Quote: "After being rejected
How big is yours?
they totally ripped off Top
Outsider: Quote: "After being
I'm all for doing what makes
Turbo leverage for capital explosion -- BD Capital
My WSO Blog
Bridgewater is probably the
"There are three ways to make a living in this business: be first, be smarter, or cheat."
Maybe it has happy
freeloader: Besides, you can
holla_back: freeloader: Bes
To get in HBS, it wouldn't
How big is yours?
Going
Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
kidflash: holla_back: fre
sayandarula: Going
And I think it's gonna be a long, long, time
Anyone else see the irony in
Ron Paul: they totally ripped
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
SirTradesaLot: I'm all for
Bridgewater is probably the
Turbo leverage for capital explosion -- BD Capital
My WSO Blog
One thing seems clear. He has
Everything about this story
kidflash: holla_back: fre
"'In summary, people are morons and who cares. Make a shit ton of money. I've never seen a Ferrari paid for by what people think.' - ANT" -rufiolove
Dudes going get into HBS.
Four people were
Bondarb: Everything about
blackrainn: Four people were
Macro
seedy underbelly: And, yes,
Turbo leverage for capital explosion -- BD Capital
My WSO Blog
seedy
GS: Bondarb: Everything
blastoise: he still majored
How big is yours?
C'mon bro: Cupcakes and