http://www.bloomberg.com/news/2014-05-09/young-bankers-fed-up-with-90-h…
Props to Patrick who gets mentioned here. But still can't imagine how that Princeton Chick turned down that offer from Bridgewater for the World Bank... Jesus...
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I've seen crazier shit. I know a person at my school who turned down GS TMT for some tech start-up. I also know someone who summered at GS TMT, received BX PE SA offer, turned it down for GOOG in MTV.
Those examples just seem like ideal candidates taking other ideal opportunities. A start-up with a pedigreed team offers a much better work/life balance and higher upside, while Google is often one of the best exit opps for any banker (assuming it's a front office role).
Regardless of what other opportunities are out there, it points to IB's, in this case the almighty The Goldman Sachs, having trouble retaining talent.
Does anyone think it will make it easier for non-targets to break into the industry?
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