Long time member of WSO here, I just created a new username for this post. I’m a former investment banking analyst at a bulge bracket in NYC. I’ve been pursuing my real estate tech startup, Zenly, for almost a year and will be launching it in a few weeks. I co-founded Zenly to address the nightmare of apartment hunting that we’ve all experienced. Zenly is the first online marketplace for apartment rentals in NYC. You can browse real listings with video walkthroughs, visit on your own schedule, and apply online without a broker to save thousands of dollars in fees. Hopefully I can help out my fellow monkeys who are moving to New York this summer in pursuit of their investment banking dreams… Happy to answer questions about banking, entrepreneurship, apartment hunting, and anything in between.
Sep 16, 2020
Total Avg Compensation
June 2026 Investment Banking
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Vice President (14) $434
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Associates (43) $259
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3rd+ Year Analyst (8) $210
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2nd Year Analyst (22) $179
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Intern/Summer Associate (13) $156
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1st Year Analyst (75) $151
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Intern/Summer Analyst (67) $101
Career Resources
Leaderboard
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99.2 |
| 2 | |
99.0 |
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99.0 |
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99.0 |
| 5 |  |
98.9 |
| 6 | |
98.9 |
| 7 | |
98.9 |
| 8 |  |
98.9 |
| 9 | |
98.9 |
| 10 | |
98.8 |
My cofounder is the head of product and developed the entire platform with another part-time developer. It would be a dangerous game to outsource a product like this.
Working as an investment banker certainly was good training, not only for the creds but primarily in the soft skills. Many people think that running a startup is about creating an app for the App Store, but this kind of business requires sales, relationship building, negotiations, etc. Working in banking has taught me how to work with high level executives, mid-level managers, and even administrative assistants. Goes without saying that the financial skills are relevant as well. Also I am still working long hours, only this time on things that are actually important to me.