Goldman tech in NYC?
How is Goldman's tech group in NYC? From what I understand, most of the tech team is in SF. Does one group have better deal flow/exit opps than the other?
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GS tech group is horrible...Their Media & Telecom group is also very bad....Have you considered their M&A group? I hear it is amazing!
//www.wallstreetoasis.com/forums/goldman-sanfran
//www.wallstreetoasis.com/forums/morgan-stanley-menlo-park-gs-tmt-san-fra…
//www.wallstreetoasis.com/forums/best-tech-groups-in-nyc
...Saying GS TMT is horrible is just idiotic. Regardless of whether it's the top ranked TMT group--it's not--they place just as well as MS M&A into PE megafunds, if that's what you're interested in.
Platform has no idea what he's talking about. Agree with blind_monkey. Terrible NY TMT group; however their M&A group is pretty insane. You need to specifically express interest in it during interviews
Agree with above. GS NY TMT? Better brush up on some of those technicals and network hard - if you're lucky you'll get a solid middle-market mom&pop PE shop. I wouldn't count on it though.
GS M&A??
Uh I have a couple of friends that were in the group and both did outstanding. Had their pick, but considering their credentials before the group I doubt they would have any issues. Go for it.
Can you really not sense the sarcasm?
Second the comment the GS TMT is downright horrible. Had a couple pitch against them and they absolutely sucked. I heard exit opportunity is virtually non-existent unless you are from a well-connected family.
GS TMT used to be the best group followed by FIG in terms of PE(megafunds)placement, or is it just the SF office that TMT is strong?
Buddy, you're really out of the loop. For some reason a lot of people are unaware that Fabrice Tourre, or Fabulous Fab, was not only at VP in Trading, but also group head in the IBD Technology group (he graduate from Stanford; dah). After all the shit went down with the SEC, the group pretty much collapse due to a lack of leadership (and a lack of croissants and cigarettes).
My roommate use to be a 2nd year analyst there and he pretty much told me that the deal pipeline was pretty much non-existence. After Lloyd, who personally makes sure that his most prestigious IBD group is putting in enough hours, saw that they were missing meals on Seamless he obviously got really concerned. When he went down to check on them there was nobody dear! He proceeded to fire all of them into the street, never to do God's work again.
Seeing as how the group had provoked Lloyd's wrath, pretty much all of the megafunds were scared to hire anybody. My roommate truly went through some harsh months after that...
Thankfully he hard back from one of his top exit opps last night! Next Spring he'll be and entry-level math teacher at Walt Whitman High School.
It's WSO. I've come to accept even blatant sarcasm as someone's true opinion now.
Can't argue with that..lol
To the OP: do a search on GS TMT and read for yourself... the group defines top-notch
THEIR TECH GROUP TRIED TO ELECTROSHOCK AND THUNDER ME BUT IT WASN'T VERY EFFECTIVE, FOR WHAT THAT'S WORTH
To the original poster - pretty much the entire tech banking sector sits out in the SF bay area. BX tech M&A has a presence in boston, there are a handful of tech bankers in NY for all the major bbs, but for the most part, it's SF. And all the big tech players out here (GS, BAML, JPM, MS, CS) have a full-service capabilities out here so everything is executed out this way. makes a lot of sense, too, with all the companies out this way: yahoo, google, fb, oracle, twitter, all the other startups wanting to be bought by those companies. makes a lot more sense than flying bankers across the country everytime something needs to get done.
so is GS TMT in new york just basically GS media and telecom?
I believe this is true, although I know that GS has a media presence in LA. Not sure how that is split between LA and NY.
Is the top notch group referring to the one in SF or in NYC?
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