Quebec’s Crypto Obsession

Crypto’s reigning master-of-the-universe, multi-billionaire, exchange founder, and thirty year-old, Sam Bankman-Fried, has come to the rescue of the crypto marketplace, through key acquisitions and delivery of liquidity. This rescue occurs amid a cooling in the crypto space, which observers have coined as “Crypto Winter”. Issuing a sophisticated update, Bankman-Fried remarked that “Crypto Winter is ending, but only if the economy doesn’t endure further large external shocks that tanked stock and crypto prices in the first place”.

Since 2021’s rally, market observers have created a laundry list of crypto failures, seeing the total market cap fall from $3 trillion (USD; Nov. 2021), now to $1.1 trillion. This saw crypto companies laying-off thousands of workers, as fear drove investor outflows. But in addition to firm failures, who else is negatively impacted? Looking at the flow of institutional funding, the province of Quebec offers a cautionary tale of impact.

FIND ECONOMIC INSIGHTS ON SUBSTACK!

2 Comments
 

Sit neque aut corporis eos vel non. Odit soluta vero voluptas repudiandae. Repudiandae necessitatibus minus tempore aut blanditiis. Molestias neque blanditiis maxime consectetur at atque. Dolorem labore assumenda ipsa commodi praesentium voluptas quia. Sunt ex reprehenderit et.

Iste odit soluta vero repellat rerum nam. Qui recusandae rerum sit aliquid.

Career Advancement Opportunities

July 2025 Investment Banking

  • Goldman Sachs 01 99.5%
  • Evercore 07 98.9%
  • Moelis & Company 04 98.4%
  • Citigroup 11 97.8%
  • Houlihan Lokey 08 97.3%

Overall Employee Satisfaction

July 2025 Investment Banking

  • Evercore 10 99.4%
  • Moelis & Company No 98.9%
  • RBC Royal Bank of Canada 03 98.3%
  • Houlihan Lokey 14 97.8%
  • Morgan Stanley 02 97.2%

Professional Growth Opportunities

July 2025 Investment Banking

  • Evercore 08 99.5%
  • Moelis & Company 01 98.9%
  • Houlihan Lokey 11 98.4%
  • JPMorgan 01 97.8%
  • Goldman Sachs 01 97.3%

Total Avg Compensation

July 2025 Investment Banking

  • Vice President (14) $321
  • Associates (60) $237
  • 3rd+ Year Analyst (9) $210
  • Intern/Summer Associate (14) $167
  • 2nd Year Analyst (33) $166
  • 1st Year Analyst (99) $145
  • Intern/Summer Analyst (100) $103
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
kanon's picture
kanon
98.9
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”