Cascadia Capital - Gaslighting to the Maximum
They gaslight their interns like crazy. Apply somewhere else. Very toxic and sleazy culture.
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What happened?
Explain?
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Can’t tell if this is a troll. OP said previously it’s a very chill place lol. What happened man
Multiple interns were misled, lied to, and gaslighted them into believing completely ︎︎false narratives about themselves and the firm. They also will likely make you stay in Seattle if you stay with the firm, even though they are marketing and opening all these brand new offices in new cities. It's a trap!
What sort of false narratives?
Multiple interns were not given return offers due to market conditions, low deal flow, and group layoffs/cutting which is fine and understandable, and they said they couldn't provide references due to company policy which is fine.
But then they would find out about some of them interviewing at other firms, and would leave terrible reviews of the interns not returning that were full of lies and gaslighting. Almost getting some interviews cancelled, even though they weren't even returning to the firm or asking for a reference anyways, and were good performers with no red flags communicated to them during the summer. Insane.
Another intern was asked if he had any interest going to bigger banks, which is a weird question to ask. Intern says no. They then tell him his return offer is at risk because of lack of confidence to his commitment to the firm.
That’s really sad and pathetic. I didn’t get a return either but people at my firm were very eager to vouch for me. Why are people in this industry so eager to ruin a 21-year old’s career in the middle of a recession? I would hold a grudge against those guys for the rest of my career.
Does anyone know Cascadia's comp? Someone said a 70K base and 40K bonus under another post, but LinkedIn postings for analysts say 85K-95K.
Was told 70k base with an "opportunity" to get it bumped up to 85k. I wanted hold my breath from the above post.
It is $80-$85k base. In the bull markets, there were bonuses as high as 100%+. This year, it was much much lower. Many layoffs across the director to analyst level as well.
There is alway a risk of joining a firm no one has ever heard of.
But to not give out references for good performers? Call other places to tell them not to hire interns who did not get a return offer?
That’s not just poor form, that’s downright evil.
So tired of hearing about this firm here
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