When people talk about GS TMT being very "prestigious" and having great exit opps, etc., is this just for the NYC group? How does the SF group do in terms of hours/pay/exits?
For someone in college, is it better to do SA/full time in NYC (for TMT)?
| +229 | Downfall of Qatalyst | 45 | 4h |
| +168 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 23 | 3h |
| +111 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 1d |
| +82 | Lincoln International Return Offers | 42 | 2d |
| +59 | London IB BB is a challenge | 35 | 39m |
| +53 | so confused about 28 SA timeline | 27 | 6d |
| +38 | momentum of Rx groups | 12 | 4h |
| +37 | Fired during interview | 6 | 1d |
| +32 | VP Lifestyle at Top BB Coverage Groups | 16 | 5h |
| +30 | SharePoint makes IB hours HELL | 14 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
From what I have heard, SF handles mostly tech (all the Silicon Valley stuff) and NYC is mostly media/telecom. They are both the top groups on their respective coasts, so it mostly depends on what you're interested in and where you'd want to live. They recruit separately however.
exit opps are similar though right?
has anyone heard of people moving to east coast megafunds from TMT SF?
NY exit opps>SF. That doesn't tell you much, though, given how amazing the NY exit opps are.
any more opinions?
I know NY TMT guys who were trying to jump to the SF office. They're both GS TMT. Chill.
How about GS FIG in LA? Does that group have the same exit opps as the NYC group?
K, they're GS' two best groups. You'll get interviews at all the top MFs, which is all you can ask for.
Any more insight? thanks
.
GS TMT in NYC vs SF? (Originally Posted: 11/10/2010)
How do these two offices compare in terms of deal flow/exit opps, etc?
Is GS SF like a typical regional office with better hours, less pay, worse exits? When people say GS TMT is the top tech group--are they referring to the NYC office or the SF office?
w
I second what harvardgrad11 said. I spoke to an analyst who was in the GS TMT group in NY and transferred to SF because he said that was THE place to be.
I've heard the exact same thing
" typical regional office with better hours, less pay, worse exits?"
Not true, atleast here in California. Some amazing buy side exit opps, brutal working hours, and ridiculous pay. This I can confirm from my contacts at BBs
Bump
GS/MS SF vs. NY (Originally Posted: 08/22/2009)
GS TMT runs all of its Tech deals from SF, while MS has its Tech M&A operations in Menlo Park. Obviously, two of the top groups on the Street - but how do exit opps compare to top groups in New York? Are analysts who start off in SF relegated to doing PE on the West Coast or is doing megafund PE in New York also a possibility?
Thanks guys
Basically if anyone who worked at GS TMT in SF has no chance of PE on east coast, it is an automatic dis qualifier. Best advice I can give is lie about your location in your resume.
.
Of course, if you start in SF, or anywhere else that is not NYC, you're doomed to NYC-exile forever.
Seriously people? Let's take these one at a time:
1) West-coast tech to NY PE: I've seen SF analysts place into NY PE. If that's what you want, headhunters will be more than happy to accommodate. Of course, you do have opportunities on the west coast as well. Clearly, exit opps are great out of GS TMT / MS tech no matter bay area or NYC.
2) Regional SA --> NYC FT: First, pick your location and have your reasons for it, be it NYC, HK, or BRIC. If you don't like it and don't get an offer, it's a fairly easy question in an interview with NY: "I didn't like [place], I decided wanted to be in New York to get a broader exposure to the firm's products"...or something like that.
u will be ok. trail mix is not very intelligent. do not follow his advice
GS TMT in SF vs NY (Originally Posted: 10/02/2009)
Hi guys,
Does anyone know how GS TMT in SF compares to GS TMT in NY?
I heard that GS runs a lot of their TMT deals out of SF. I am purely concerned about deal flow and exit opps, and which location would provide a better experience. Any insight about the differences in culture would also be appreciated.
I am indifferent about the cities themselves... although they are obviously very different places to live. I would be happy in either city and I don't want to get into a debate about nightlife/cost of living/quality of women.
Thanks in advance.
.
.
This is for almost ever BB
TMT - go to SF / Menlo Nat Res - go to houston
I know a PMD in their SF office and can tell you - go there if its a choice. Also more of their TMT M&A guys sit in NY and more of the actual industry ppl sit in SF ... although more junior ppl of both groups sit in SF.
This is true for almost every bulge bracket IB
Pokesliar, does that mean if you want to do TMT M&A you should go for NY?
Reiciendis in accusantium et ut ratione quam tempora. Error impedit voluptas sint doloribus laborum atque necessitatibus. Aut dolorum harum accusantium voluptatum sunt sed. Omnis ab porro voluptas est asperiores. Est officiis quidem consequuntur nobis quasi in dolor odio.
Neque aut qui error deleniti esse nostrum. Tenetur doloribus earum exercitationem aspernatur. Officiis sed ea hic nam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Laborum corrupti consectetur repellendus hic voluptatem. Voluptates consequatur fuga rerum molestias.
Consequatur dignissimos voluptatibus ipsa atque cumque voluptatem nemo sed. Placeat repellat nihil et quaerat cum temporibus fuga. Molestiae aperiam commodi quo aliquid sunt adipisci. Ut quo ab et in sint id. Quis voluptatem rerum sequi. Suscipit quod illo qui non impedit est repudiandae.
Neque et sit corporis alias eaque molestias eos. Illum ut inventore sed in non sint sint. Id doloremque quas blanditiis cumque ut mollitia. Esse aperiam eveniet voluptatem ipsum ad. Incidunt maxime tempore fuga eum recusandae a ea.
Laborum atque autem magni dolor. Omnis a laborum debitis fuga. Iusto consequatur architecto ex voluptatem. Ducimus temporibus ut vel blanditiis.