Bankeriffic! A MUST READ

I have a feeling someone might be doing some weekend work on this, so before we start this process, let's make sure not to put all of our eggs in one basket - if there are too many roosters in the henhouse and too many cooks in the kitchen, we will be letting the wolf into the chicken coop and this will be a hard nut to crack. At the end of the day - looking at the product from 15,000 feet - it's just a blackbox resting on a slippery slope. But from a bottoms-up perspective - we're pretty smart guys and doing this from soup to nuts will leave us with bird in hand and create some serious value-added.
Provided we row downstream and don't spin our wheels - there's no need to be caught with our pants down.

Let's take a top-down approach - focus on core competencies, think outside the box, keep it apples-to-apples, bake in your assumptions, and spread, dig into, play with, juice, goose, vet, run, flesh out, go through with a fine tooth comb, sanity check, scrub and flush the noise out of the numbers. I need you, right now, to sharpen your pencils, get cranking, take the lead, turn these comments, not tread water, bang this out, push it through, get it across the finish line and drop it on my chair. And before you send this to me, make sure to take a step back, get your arms around it, not miss the forest for the trees, and check under the hood - it better hold water. I'm not religious about this, but net-net I would guess there will be some layered switches, hockey sticks, sensitivities, color-coded sheets and zero gridlines. I know you want a rubberstamp - but there is a definite possibility that the director will want to get his hands dirty - I want us to stay on top of the ball, keep our coach's whistle on, stay behind the wheel and keep ownership of the work.

After the heavy lifting, we just need to get the deliverables out the door and keep everything else under the kitchen sink - we'll figure out its highest and best use later. Keep in mind I am in no way wed to this analysis, but this is a two-horse race, and we can't afford to have our heads in the tent. There is no need to recreate the wheel here, but this will be a great learning experience. Let's discuss when you get in.

Basically, you're preaching to the choir here. To get a little more granular here before we press the print button, let's touch base now.
(I'll be out of pocket later, so swing by while I'm on the ground.) First of all, this is a good chance for you to step up. Right now, the two companies are feeling less than romantic, but remember, all girls talk. I think they'll eventually give up more than a girl on prom night - our job is to get them across the finish line. I want us to manage the process and keep the ball in our court. I appreciate that this may be a bit of a lick in the armpit, but I want us to work smart, not hard, and I don't want to recreate the wheel - this doesn't need to be gold-plated. Let's divide and conquer. You do the blocking and tackling and I'll socialize it with the board. I want us to run this to ground before we lob the missle over to the other side. My fear is that our client will land on a grenade or try to catch a falling piano. We don't want to open up the kimono too soon, or we may bleed to death by a 1000 cuts. Just so we're crystal, lets get on the same page - I don't want us to trip a mine. I'll focus on the care and feeding of the board and you bottom this out. For ease-of-motion and because of all the moving parts, I will appoint you scribe. Just blackberry me if you need more guidance; I need to be on a plane now.

Before you get sign off, let's not lose sight of the big picture: What's driving all of this is that we could put all the buyers in a Civic and still have spare seats. But, at the end of the day, it is what it is. We may have to kiss a lot of frogs to get there, but I think the other side has been leaving some breadcrumbs on the trail. Let's not throw the baby out with the bathwater. Just to be sure we're not drinking our own kool-aid, let's stress-test this, just for our own back-pocket. I want 100% of your bandwidth. If someone calls, put them on the box and I'll talk to them. With this kind of thing, the devil's in the details. In the mean time, you keep your head down and I'll keep my ears to the ground. I don't want us to get all hot and heavy yet. Let us bat this around internally and send it over to our scientists in the lab. We need to kick the tires, or else we may find ourselves sitting in neutral. I want to be efficient with the team's time and not spin our wheels - after all, we're all wearing several hats here. The companies are doing the lover's dance but we need to focus on putting this to bed. The industiral logic of the deal is sound, but the issue is the CFO is sitting in the CEOs lap, talking his book. We need some air cover here and if we don't get it, we're going to have to run an audible. For now, we should keep our cards close to our chest. Lets not reveal our fetishes on the first night.

 

got it in a forward today at work so I thought I would share. I didn't know what the source was nor was I trying to "steal" anything. I always link to other sites for articles or bits of information if I have that link. If I get forwarded something I think is funny I'm not going to refrain from sharing it with everyone on here if i don't know the source. Next time I will put "Source - Anonymous" if I don't know. can you show me the link on dealbreaker where it is from? I can't seem to find it. Thanks.

 

Somewhere out there on the web is an actual generator that creates paragraphs full of sentences of business buzzwords, made to look like actual business-speak. at the bottom of the page, it says "if you believe you understand what this means, GET OUT. NOW."

 

Quae saepe accusantium magnam incidunt officia et. Perspiciatis voluptatem aut dolores eaque nesciunt. Deleniti ab ipsa ducimus sint occaecati aut. Atque velit eos vel incidunt corrupti amet mollitia in. Sint quidem soluta minus amet necessitatibus excepturi. Aspernatur deleniti atque quia cupiditate.

Corrupti inventore beatae eos culpa. Velit ad ducimus quia et aut qui nihil. Enim accusamus sequi ut asperiores molestias. Omnis voluptatem nobis iure animi nihil expedita consequatur.

Laborum expedita magnam dolore quae alias aspernatur accusantium. Ut beatae fugit corrupti tempore omnis quia autem. Amet ipsum nihil natus dolorem in quae. Minima adipisci non libero et quia voluptas ut.

Non cupiditate necessitatibus ea voluptatibus ducimus illum. Voluptatibus dicta dignissimos consequatur vel. Quia at esse impedit dolor esse nemo nesciunt. Asperiores commodi et quis temporibus quia velit omnis.

Once more into the breach, dear friends.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”