GS/MS are tops for west coast tech. JPM historically wasn't very strong in west coast tech, but they've improved a lot in the past couple years. CS used to be top tier but they've been hit with a bunch of defections lately, so it may be going downhill.

 

From what I know CS and UBS are still top in tech on the west coast. They do more deals than MS/GS. Byt given the problems with UBS i wouldn't personally go there. I am not sure where ews09 is getting his info, but he may have insights I do not posess.

 
youngmonkey:
From what I know CS and UBS are still top in tech on the west coast. They do more deals than MS/GS. Byt given the problems with UBS i wouldn't personally go there. I am not sure where ews09 is getting his info, but he may have insights I do not posess.

what are you reasonings behind UBS and JPM being up there in tech? name me some big hitters or deals that have happened

 

UBS is definitely not a top-tier tech player, at least not anymore. Maybe out of LA under Moelis it was legit, but the entire IBD division at UBS is cratering right now.

As hungry said, CS has had several senior-level defections in the past few months. George Boutros, who I believe was the head of the tech group, and another guy who was one of the heads of tech M&A, both left to join Qatalyst. I'd be careful about joining them now.

 

fair enough, i read through it too quickly and implied that.

but even the CS exodus to qatalyst begs the question of how they'll do going forward.. i guess GS/MS is the only constant nowadays.. but who knows what'll happen

 
Best Response

I'm not sure I'd call 2 MDs an exodus nor would I call it the next UBS HC. Qatalyst, for better or worse, isn't currently equipped to do the capital-raising functions of IB and thus can't quite take over CS tech's business. If you look at the upcoming IPO pipeline (filed deals that is), CS has a fairly strong showing in tech. With regard to M&A, there hasn't really been much tech M&A announced this year (the SkillSoft LBO, which CS advised, Palm/HP, which Qatalyst and GS advised, and the IDC LBO, in which CS advised SLP and GS advised IDC come to mind), so it's hard to make conclusions either way about that.

Now to OP's question, JPM seems to be rising in terms of TMT in the last couple years.

 

deal flow is important for the analysts as well since you MIGHT be get staffed on big deals, which will look great on ur resume once you go out to find other jobs after two years.

If you have a MD that keeps on bringing multi bil dollar deals for you to work on v.s. a MD that just tells you to pitch every day and night, guess which MD will help you in the long run?

 

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