Seems like in almost every M&A Transaction, banks are so incentivized to close the deal that they will do anything (juice the valuation, say any deal is good on their fairness opinion, etc.) in order to land deal fees. What is the value add?
| +70 | Any tips for sleeping well? | 37 | 9m |
| +59 | Wealthy Parents / Jaded | 21 | 1h |
| +44 | Venezuela Debt Restructuring - LAZ vs CVP | 16 | 8h |
| +40 | Background check issue IB Full Time | 22 | 16h |
| +38 | How are hours rn for SA (interns) | 23 | 3h |
| +27 | Investment Banking in Mexico | 7 | 13h |
| +26 | HL vs WB | 19 | 1d |
| +24 | MM bottom bucket bonus | 9 | 1d |
| +24 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 1d |
| +21 | Excel macros for QOL formatting | 0 | 1d |
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.
IB is 100% a sales role once you're a VP and above. That's all IB really is. The value-add that IB provides in M&A and capital markets is giving back time to the people paying you for your services. Every business owner could spend countless hours putting together marketing materials and emailing PE firms and strategics the decks themselves and choose whoever's bid they want to go with. However, business owners have way too much to do to keep their businesses running, so they outsource that work to bankers/brokers. The bankers then do all the work to make a transaction happen that their clients want and take a fee for doing it.
If you take a step back and remove the "prestige" people associate with IB, it's no different than a real estate agent who doesn't "add value" outside of doing the work that you don't want to do to make a transaction happen for you. If you're working on the "sell-side" of transactions, your job is literally just to do whatever you can to make the sale.
You get it
Lmao duh dude, most valuable enterprise sales force on the planet
Quae quis molestiae est enim in facilis quod. Quo placeat fugit expedita vel corporis rerum.
Id adipisci autem et. Maiores rerum eius ratione in facere ullam. Unde quo voluptas ipsum esse. Reiciendis incidunt ea quis sed aut.
Excepturi consequatur autem eum explicabo quia. Veritatis molestiae eveniet dolor tempora amet sit perspiciatis doloribus.
Alias maxime velit ipsa ex. Repudiandae eius consequatur maiores ipsam velit a alias nesciunt. Nihil qui voluptatem sit quam eius maiores. Quia tenetur at ut ratione asperiores facere. Debitis at debitis ducimus est qui sint.
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...