Is Chicago the Amateur Leagues / Back Office of Life?
So I'm weighing an opportunity right now for an UMM PE firm that is probably as good a buy-side offer as I'll ever get - frankly, I'm surprised I got it coming from a very average IB background. Didn't even think the headhunter was going to respond to my initial email.
Anyhow, the offer is in Chicago which is giving me significant trepidation. I've been an east coast man my whole life and currently live in the NYC metro. I am definitely what you would call a NYC / East Coast Elitist. I won't even watch the super bowl if it's two non east-coast teams (who tf cares about San Fran & Kansas City?!). I just feel like the access that you have in NYC is unmatched. I can take an Amtrak to Philly/Boston/DC/Bmore/CT Suburbs easy as hell, fly to MIA on a whim in under 3 hours, even last-minute travel across the pond to London/UK for $700 and 5 hours of flight time. The food is the best, the culture, the people are the smartest, women are the hottest etc.
My worry with Chicago is that it's a GREAT city, I'm not trying to put it down, but it's a great city inside the otherwise desolate midwest. It's like Denver in that regard, I hate the idea of not being anywhere near any other major cities or hubs of action. Feels very secluded and far away from the action so to speak. My question is this - for any former / current east coast snobs who have lived/worked in Chicago, did you have the same fear and did you find it was justified? Did it meet / exceed / underperform expectations? Or was it, the Amateur Leagues / Back Office of life so to speak?
lmao why the fuck would it be back office if your FO at an UMM?
I mean back office allegorically as in it lacks prestige, intensity, sex appeal, etc. relative to NYC the way back office lacks all of those things relative to FO.
You forgot to mention that Chi also lack miserable ppl like you..
For everyone's sake, please stay far far away from Chicago.
You sound like a miserable person to be around.
I second this. Please stay far away.
Why so? Just a ton of monotonous midwestern culture? Lack of exciting / interesting clash of ethnicities / cuisines / etc.? Less finance opportunities? Less sharp employees?
It's a strong job offer so I'm trying to sell myself on CHI but just wondering where it has fallen short for others.
Monotonous midwestern culture? Bro it’s one of the biggest cities in the United States not some random town in Indiana.
Sure, there’s less diversity.
Lack of food? The food in Chicago is widely known as one of the most diverse in the USA—probably right behind NYC.
Less sharp employees? The people I know in Chicago are all very hard working, just a little more laid back.
True there are less finance oops—but if you’re at a UMM you’ll be fine.
You sound autistic
This is so insulting to someone who is actually autistic! I would say he just sounds elitist / sad
Ah a man of culture and taste. I will say this, while much of the city is certainly beneath you, there does exist one morsel that just might match your elitist East Coast prestige and pedigree. I would say that if you confine yourself solely within the Humboldt Park neighborhood, you should be able to avoid all of the conventional plebian midwesterners, and you will find yourself surrounded by some of the most refined and cultured savants in the US. No where else could you find yourself more immersed in the hustle culture, eat what you kill type environment.
And you thought the east coast was fast paced? Just wait until you're nearly clipped catching a stray walking to the blue line.
On a serious note, 3/10 troll post, next time at least try and downplay it so some folks will bite that you're being serious
Take it from the Top G himself. I live in Canada and would have serious reservations about moving to Chicago. Crime is insane and from my understanding it's surrounded by a lot of ultra violent neighborhoods that are further out surrounded by boring midwestern suburbs and then ultimately corn fields after that.
Here I fixed it for you:
Imagine living in Canada on purpose. BY CHOICE.
Seriously, imagine being a full grown adult.
And waking up in f***ing CANADA.
Looking at the entire globe, then looking around at the shithole you reside in.
And saying “Yes. I want to live here :)”
🤡🤡🤡🤡🤡🤡🤡🤡
The shittiest US city > literally any Canadian city. Fuck off commie.
I've seen some creative and entertaining troll posts on this website before.
This isn't one of them.
I would not recommend coming to Chicago. For example, below is an average day:
I usually start my day off eating a bowl of corn (no restaurants here). Then I bundle up in 4 coats (polar vortex makes it below 0 most the time even during the summer). Commuting also is tough because there are no trains here (city isn’t industrialized like New York). Also, the bullets! You have to weave between streets because the gangs are always blasting at commuters (the mayor provides them bullets to discourage business). Finally, when I get to the office the only people in the city went to state schools and places like Northwestern and University of Chicago which everyone knows contains finance duds. There also are no billionaires or millionaires in Chicago. After citadel moved, all the wealthy ex-employees and the PE shops left as well (was a package deal). My firm only deals with paper companies that have less than 1m of Ebitda. Although, I heard last quarter my colleague got to do the accounting for a “10 bager” we call those deals that cross $10m of total valuation. Was a super cool experience where we went to a minor league hockey game and chillis after (we couldn’t afford something like seeing the Yankees or Mets). Anyway hope that’s helpful!
Oh yeah, also the girls are horrible here. They seem to want commitment and value being moms and family over more worldly things like fashion. I know a guy who moved from New York and after the move he was never able to get a job again, ended up homeless—not worth the risk. I’d turn down the offer and stay put if I were you.
Maybe one of the funniest comments I've ever seen on this site
This is dumb to me. You're acting like you don't understand nuance.
Your post honestly identifies everyone wack about Chicago / the Midwest it's just written from the perspective on a nincompoop who doesn't understand nuance and can only speak in extremes. No wonder people in NYC laugh at midwesterners, you guys don't even know how to be funny.
Great points. The people in Chicago and the Midwest are the absolute worst (that is the national rep at least). Not funny either (can’t name a single comedian that began at an improv school or theatre school in the Midwest that got famous).
If you want you can come to town sometime and we can cow tip if you want? My MD “big Russ” might even supply a tractor we could take for a spin. Might be hard to get to the city though, o’hare only has WWII era-biplanes these days.
We understand just fine. We just think you are a tool.
Tale as old as time, Da Bears vs The NY Giants
https://youtu.be/B9NO24hbe8Q?si=DsxZlsK7sL2MwRlw&t=294
If this isn’t a troll could you PM me the firm name? Would happily take your seat
Chicago is assssss, SON! Paramus, NJ is closer to being a primary market than Chicago. Why do you think CHI real estate rents for half the price that it does in Jersey City? Because people want to be there? It's WACK, yo.
you sound like a miserable dude. you're 25(?) getting a junior PE job and think you're gatsby rolling into town
Idk how anyone got to the comment about the Super Bowl and thought this post was serious
Everything that you mentioned doesn't really matter, except for one thing that you glanced over - women. Chicago women are boring: hook up culture is close to non-existent, and those girls who are looking for hookups in Chicago usually aim for hood rats. On top of that Chicago women are much less attractive. So in Chicago you'll have to commit to a monogamous boring relationships with a 6, while in NYC you can hook up with new 8s every week. The downside is the price you pay. NYC is much more expensive, so you need to have serious cash to even just take girls out.
To sum it up, NYC is more fun if you have money, Chicago will do if you're on a budget. But it's not about geography or food. It's about chicks.
There are a few a these sorority kind of girls in Chicago but only a few, and since there are not many of them, there's high competition for them, meanwhile there are a lot of rich good looking guys in Chicago. So the situation is that these girls are surrounded by rich good-looking guys offering them expensive fancy dining experiences, boat rides, other expensive entertainment with many of these guys having serious intentions, so there's really not a high chance to peak their interest with cheap drinks with hookup intentions. Whereas in NYC, there are many more attractive women, men are busy with their careers, and hookup culture is much more developed, so you can actually bang good-looking chicks after drinks.
saying the women in nyc are the hottest just shows you’re not well-traveled at all domestically or internationally. They’re exceptionally average looking but wear tons of makeup, and the ones that aren’t average are just as insufferable as you sound in this post
Congrats on MDP
If you think Chicago is bush league, wait till you see Philadelphia
I love how you demand "world class food" regularly, and how you're sad if you don't consume it. Who are you, Thurston Howell the Third?
If you're that worried, just don't go. You're right, Chicago isn't New York. It's f'in great, and in a lot of ways, better than NYC, but it's not NYC. Just have fun hangin' with Anna Wintour at the fashion shows, paying 300 for bottle service and then having "world class Korean food" at 4 a.m. Sounds fun.
Chicago is awesome and the only real major downside vs NYC is the dating is not as awesome for straight men. However if you are a fratty/big 10 type who likes sports and blondes you should be fine.
you will pay lower taxes
you will have a way nicer apartment
God I hate people from the tri state
But how's the gabogool?
Sheesh what a tool, I hope this is a troll post. If not, get a grip dude. Or don't move?
I live in a major east coast city that isn't NYC, one of the cities you mentioned that is on the Amtrak line. When I had the offer before graduating college, I felt a little sorry for myself because I felt out of the loop for not being in NYC.
Shocker: It's a huge city with plenty of opportunities, and you're still a nobody. To imply you're already better than all ~3 million people living in the city is so ridiculous and close minded of you. Every city you mentioned has people of unfathomable wealth and all of the food, shopping, and enjoyable accolades you could get in a major city or wealthy area (maybe besides Baltimore lol).
Calling it a back office of life is just stupid. Just stay in NYC at this point so you can cultivate personal development to your life in your 600 square foot studio on a 150k salary.
This post is dumb/immature… but I must admit my counterparties who work out of Chicago (I’m in NYC) are much lazier and less competent. We call them JV bankers. If you’re OK being on the JV team, go for it
You seem immature as well
I visited the Chicago office on my bank one time. The Chicago offices are usually located in grocery anchored strip malls (Think Kroger, Food Lion, Albertsons). As soon as you walk through the front door you smell beef jerky and farts. MDs are all overweight with unkempt beards and look like they've spent the whole night drinking. They can't afford Keurig's in the amateur offices so they have to hand brew it every morning on a $10 Mr. Coffee machine. Don't even ask about the bathrooms, shit-stains galore that never get cleaned except for once a year at the end of every year. Of those that graduated college in the offices, most went somewhere like Kent State, Ohio University, etc. and majored in Communications or Sports Marketing. They typically spend their time cold calling on farmers to see if any of them need equipment loans arraigned to buy more tractors. Occasionally they'll do an "M&A" deal where a father sells his small business (>$2M EBITDA) to his sons. Other than that they mostly just play in the snow and make snowmen outside the office.
So all in all yeah, I'd say Chicago is pretty back-office.
Officiis enim sed aliquam repellat. Delectus cumque sed consequuntur sit. Mollitia ad deleniti itaque. Voluptas architecto est aspernatur quia. Hic impedit consequatur reprehenderit similique. Debitis doloremque labore suscipit nulla ea quo.
Doloribus neque ipsum omnis quae eligendi delectus. Perspiciatis ut ab et culpa. Est minima veritatis nihil eligendi culpa et quaerat corrupti. In velit quis optio labore sapiente qui saepe voluptatem. Ipsa sed odio et voluptates facere est. Quia et qui labore non ea repellat.
Qui illo rem magni iste. Nam asperiores nihil ipsam voluptate. Error sunt est eum dolores. Nobis sit et eos. Consequatur quasi dolore vel fugiat odit laboriosam. Nobis dolorum non incidunt ut.
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...
Fuga doloremque molestiae quo error fugit sunt error. Minus voluptas nostrum rerum nobis consequatur sint.
Omnis possimus impedit sapiente doloremque blanditiis. Atque magnam earum distinctio rerum eos mollitia quas. Libero et iste iusto expedita harum quis.
Quas et dolorem laboriosam dolorem. Et inventore at soluta distinctio asperiores. Est est aspernatur nihil et quasi ut adipisci quam. Vero quidem facere omnis fuga.
Inventore eum quam vel enim natus. Similique voluptatem et accusantium maxime quos. Fugiat fuga aperiam error repellendus. Tempore consequatur est veniam accusamus provident. Facilis saepe quisquam ut voluptatem ut atque inventore sunt. Perferendis consequatur et deserunt dolores aperiam veniam placeat.
Ipsa error nesciunt in qui. Tenetur voluptates necessitatibus qui quas est. Nemo provident nisi pariatur. Nisi excepturi voluptas amet.
Consequuntur qui temporibus aut inventore voluptatem ea. Et quia perferendis debitis aspernatur.
Dolorem quam error occaecati eum. Doloribus quam voluptatibus voluptatem saepe veniam commodi officiis. Magni provident voluptatem deserunt. Iusto id voluptate quas quae magnam qui accusantium. Laudantium ut nam iure ut molestiae nihil. Tempora ab voluptatibus impedit officiis porro velit nihil qui. Quia ut atque maxime eius.
Odit corporis vero nostrum in. Est voluptatem eum unde corporis eos sint et. Eligendi alias id iure voluptas aliquam molestiae dolores. Ex distinctio dicta id et corrupti aut qui. Molestias maiores dolore nobis doloremque est itaque sequi. Et explicabo sed atque. Eos ut cumque facere consequatur id quasi labore.