Evaluating a new PM
I am in the late stages of a process at a T3 pod.
Confusing process and roundabout.
do not know how to evaluate the PM without friends at a given fund.
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sometimes biz dev just go around fishing for info for 3-4 rounds before ghosting you.
in my experience, I always at least know who the PM is (either from the recruiter or biz dev). I do think it's a big red flag
what’s a T3 MM lol
T1 - C/M/P/B
T2 - Exodus Schonfeld Verition Walleye
T💀 - Eisler
i didn’t know there’s any major pod shops outside of these ones to warrant a T3
it starts with a V. surely you can break t1/t2 out with some creativity into 3
easy. verition. next question
cinctive polymer north rock lmr hudson bay. all the quant funds that have equity l/s pod divisions that are varying levels of "real" pod vs pseudo pod (squar point, de shaw, engineer gate, two sigma, etc.). brevan howard, marshall wace.
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de shaw and Marshall Wace l/s is actually good though lol
I’d say figuring out the guy’s name is going to be a pretty big step in diligence
Are you sure you are in late stages?
This. If you don't even know your future boss' name, let alone have met him, you're nowhere near late stages.
BTW the whole "won't tell you his name as he hasn't joined yet" is very fishy. We've all interviewed with guys building their team before they started. Having the team assembled as much as possible by day 1 is the whole point.
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