FT Partners pay/reputation in tech IB?
Saw that they have more followers on LinkedIn than Qatalyst. But do they pay on par with Qatalyst? They seem like they have good deal flow. I don't know much about the firm or anyone there (non target). Would love to get insight. Thanks
FT just announced pay raise this week. Effective Feb 1.
An 1 100k > 140k
An 2 115k > 150k
Aso 0 175k > 200k
Source: work at FT
This was a good chuckle, idk if that was the intent but thank you
FT pays quite well, has solid deal flow, and does interesting stuff in fintech. That said the hours are some of the worst on the street and their reputation has suffered because of how they treat juniors. Everyone I know who has worked there left early and had only negative things to say about culture and WLB.
Funny example on that, last spring when morale was low across the street and banks were throwing cash/Pelotons/more cash at juniors, FT sent out a bizarre commemorative coin with the founder's face on it... gives you an idea of the management there.
“Saw that they have more followers on LinkedIn than Qatalyst”
can this really be a serious post?
What’re you talking about dude. LinkedIn followers is obviously the most objective way to rank banks against each other.
Confirmed. DB has 1.1 million LinkedIn followers, while Centerview Partners has only 23k. Someone pull out the tier list again please, got some updates
TBH I’ll only believe it when litquidity posts about it
They really do crush it in FinTech broadly, covering sub-verticals like Payments, Wealth-tech, Cap mkts tech, and financial management solutions. They also invest small amounts in their deals and tie up their clients to very long-tail engagement letters. They're also really good at identifying clients early on and locking them up by doing a lot of earlier cap raising work for them with ROFRs on all future banking engagements.
From an employee standpoint, have heard it's extremely sweaty and not a fun place to work, though it seems you do get good experience. Don't have enough information to say whether or not I'd recommend working there but seems like you'd get a lot out of your experience there if you're willing to sacrifice your life for your tenure there.
Also the linkedin follows mean next to nothing so please don't use that as a proxy for anything.