Goldman TMT SF -- Culture and Exits
Old threads on this forum are either outdated or refer to GS's TMT NY office. Does anyone have solid commentary to provide on Goldman's TMT group in SF for analysts? Obviously deal flow and experience is unbelievable, but is the culture the stereotypical cut-throat culture that GS is known for? Are your exits narrowed down to the Bay Area? On Linkedin, I see a bunch of ex-GS SF folks in tech-focused VC/growth equity or tech buyout in the west coast, but haven't really seen anyone make it out to NYC.
Personally, I'm from the west coast but have always wanted to try living in NYC. Is this an issue with buyside recruiting? I know most firms will fly to NYC to interview on-cycle, so seems like being in SF will be a huge disadvantage.
FYI - I'm in tech M&A at another BB and have a potential opportunity to make a move, so would appreciate any detailed insight
Did you get a lateral offer for GS TMT SF?
Yes, generally SF-focused exits but that's also probably because they recruit out of west coast schools where people already have connections to the Bay Area. I'm sure no NY-based PE firm is going to look down on a GS TMT resume. One dude went to Advent Boston recently I think
I do not, but have "friends" there that have told me there's openings and they'd get a referral bonus. Obviously super hard to even get a superday but feel like I have a decent chance if I go for it. I say "friends" because I don't know them well but have hung out here and there before. Feel awkward asking them about exits because I'm pretty sure I need to portray that I want to stay there for years if I want a chance
What's a "potential opportunity"?
Please see above comment - understand it's absolutely nothing close to an offer, but thought it would be worth thinking about in my head. If you have any info, that would be really helpful
They’ve hired multiple laterals that are alumni from my school in the past year because people keep quitting early. It’s only anecdotal, but I think that shows a lot about the culture. You can process that information however you will. Exits are absolutely insane and it’s the best place you could possibly be going on the west coast (it rivals the east coast, depending on what you’re looking for).
probably one of the sweatiest groups in all of IB. Bunch of analysts have quit in the group in the past year. Take a look at the below link...
https://www.businessinsider.com/sarvshreshth-gupta-death-ruled-suicide-…
Bump? Any new info would be much appreciated.
General SF question - how hard would it be to go into an SF group and then move laterally in the same group (or maybe different group) into the NYC office at the same firm? I hear a lot about mobility for teams, but what about location mobility (INTERNALLY) from SF --> NYC?
Happens but probably not for first/second year analysts
Thanks for the color. So do you think doing 1/2 years out there, and then saying "hey I love the team, want to stay at the bank, but want to move to NYC" would be realistic? Tried looking through linkedin and had a tough time searching for "Past location" - so would be great to hear if you/anyone you know has done this. Thanks for the reply :)
Its definitely possible, I knew someone who lateraled into the NY office from SF as a second year analyst. However, it was for the same group.
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