Litquidity sold out to getofficehours

Sad to see our fearless leader Lit sell out for some extra dollars to the scammers at getofficehours. Think it’s pretty well documented the sort of strategies they run with the fake profiles and heavily inflated resumes of Rohit. Also, makes me a bit uncomfortable that I gave my email and name on the survey and it was prepared by getofficehours? I hope he keeps the promise of annonymity because the last thing we need is Rohit having access to all of our info.

Also, perhaps related if the data was indeed prepared by an external source. It clearly was not scrubbed well. Moelis A1 base at $79k? Decreasing progression of base comp from A1 to A2-3? Morgan Stanley at $59k bonuses (lol). Very out of character for Litquidity to post such low quality stuff. Perhaps the price of running what’s now a business.

 

The guy is trying to run a business, not be the moral champion of finance juniors.  It's social media, of course he'd take paid partnering opps or give the reach round to Rich Handler if it made him money.  Take the account for what it's worth; a satirical take on finance and a great source of inside information but he's not going to pass up monetization even if it wasn't completely scrupulous.  I mean, that happens all the time in actual finance anyway.

 

Fair, but if he wants to run a successful business that depends on info given by a small percentage of individuals working high finance, the bare minimum is to maintain trust. No one likes to give out their info and then find out it could be in the hands of a third party.

Besides, the deck was full of errors and illogicalities. People give out info because they rate the survey highly. A good product is thus key to maintain survey respondents engaged.

 
Funniest

Just lol at litquiditys current story

"Occasionally people will forward me wso comments"

No....you read this forum like a hawk looking for ANYTHING that mentions you.  Stop pretending you are too busy to neurotically check wso for any criticism thrown your way.

I posted a thread critical of him(calling him out for bragging about holding a earnings call with a strip club company) and he literally posted it within 2 mins to his insta.

Hes got thin skin.  Any criticism towards him requires multiple stories and posts explaining why he's so much smarter and cunning than we all believe.  Ok pal.

 

It honestly bothers me how much litquidity is blowing his chance to really become someone important and monetize himself.

 He could have stopped the anonymous cover game and actually started building a personal brand and presence(bro relax you arent a deep CIA covered spy leaking cutting edge geopolitical plots....GS raising seamless to 30 bucks is not super important).  He would have been the go-to point of contact on legitimate news sources for inquiries on finance culture and the shenanigans that exist post 08 crash.  Podcast interviews, bloomberg TV spots, cnbc appearances etc. With exposure comes book deals and appearance/interview fees.  Instead hes decided to stay anon, post meme after meme about Nancy Pelosi insider trading (was funny the first time only), focusing his efforts on strip club earnings calls, partnering with fboy Island burnouts, and posting boring pics of yachts with finance related names.

His ceiling could have been a younger hipper Michael Lewis, but that would actually require some innate talent which I suspect he doesn't have.

 
Controversial

I just logged in for the first time in years to address this lol. 

I addressed OPs concerns on my story. I do not check WSO. That strip club thing was forwarded to me by Mark who ran the call. 

I like to respond to people who misrepresent things and spread rumors. Why wouldn't I say something to correct people who are running around spreading false rumors?

Cheers 

 

"I don't check WSO"

(Logs in to post response within 30 mins).

Ok.

In all honesty, read my post about dropping the anon cover.  I want you to succeed.  Get past the low having fruit and you could be a legitimate source/figurehead.

 
Most Helpful

Yes, I logged in because someone forwarded me a screenshot of OP's message. 

I took the time to respond to it and then also decided to log in here to address it. 

If you guys want to think I lurk WSO, you're fine to believe that lol.

I appreciate the advice from folks on how to succeed. I don't want to be public right now, for personal reasons. Extroverts crave attention and being loud mouthed on social media / face plastered on TV. That's not me. It's nice going places without being bothered. 

I'm building a newsletter, managing SPVs to invest in startups, and scouting for Bain Capital Ventures. There are other things in motion that I'd rather just keep quiet for now. I feel like I'm in a good place and going at my own pace. If the WSO community wants to help me succeed, DM or email me to work together.

In regards to Office Hours, like I said on my story, I wasn't aware of the reputation they had on here. I provided them with anonymized data. I will never send my audience's names or emails to anyone else. They offered to format and output the data in presentation format, something I've done less of now that I've gotten older. I will be cautious going forward to make sure there aren't any malicious attempts. All of our interactions have been normal and professional so that's what's surprising to me. 

With this comp report, there was so much data to clean, standardize, remove troll submissions, adjust by currency, etc. There's not an even set of data points for every office, group, rank, etc. so the data will never be completely perfect but these were scrubbed by me to get it as accurate as possible, with my own sanity checking and verification from buddies across the street. Obviously London should've been split out since that was what was skewing Moelis, DB, etc. lower. I will recirculate and try to get it better. But please understand that it's a lot of work and it seems a lot of people take it for granted and just shit on it anonymously on here because it costs zero to do so.  

 

"I don't know what the beef is with WSO and Office Hours"

Come on Lit, do a search. WSO can be a shitty place, but Office Hours deserves the hate they get.

- verified fake accounts / fake employees

- absolutely SPAMMING juniors on their work emails - legitimately impossible to unsubscribe. at least PinPoint lets you off their list if you ask

- business model based on convincing you to pay $7K for PE coaching, when you can learn what you need in a weekend or two for free

- completely sleazy emails that sound like a 13 year old boy wrote them

- overstating their personal experience (has since been removed from LinkedIn, but was there for years) and lots of immature or embarrassing content on their personal social accounts

- anecdotally, have heard they are claiming they placed people in certain roles whom they never had any contact with

What else am I missing here?

 

If you want some good threads to look through, take a glance at the links above.

Rohit is a straight up scam artist dude. How did you not know this? The guy self proclaims himself to be the guru of PE and IB recruiting, yet has never worked in IB or PE lol. He inundates every IB analyst's linkedin inbox with 5 messages a month about intro calls and "mentorship" opportunities via his two fake accounts - Nadia Persaud and Brooke Baker. I truly feel for the undergrads or lateral candidates who actually fall for his scam and end up paying $7,000 or whatever it is for his "program". Man is a leach. Like the poster said above, WSO has its issues sometimes, but it has tons of FREE resources that I guarantee blow Rohit's bullshit out of the water. 

 

Did you actually type this up and think it would make your company look good?

 

rohit107

Co-Founder worked in IB then PE and I worked on the later-stage team at a Growth Equity firm with people from Moelis, Lazard, and Thoma Bravo - not sure what you mean "never worked in IB or PE?" Not sure how much more IB or PE this shit gets. Like sorry I didn't need to go through IB to get to the Buyside so I'm supposed to apologize for that now? Anyway my Co-Founder did and most of our Coaches from HBS, GSB, Wharton have too. We're the marketplace so the good news is you won't work with me directly, you'll end up working with an accredited Coach.

Sure we had to create some marketing LinkedIn accounts because a few of the people we hired weren't allowed to use their real accounts due to non-competes from their prior firms, those since then have now been taken down because of those non-competes finally expiring a couple years later. For most people that we met in-person, we even mentioned that Nadia and Brooke were run by multiple people on the backend but if anything it was to fake LinkedIn's algorithm not to fake anyone out -- we have multiple men and women working for us on the backend but some just choose to keep their identifies private due to aggressive messaging coming from IB Analysts (no joke even over LinkedIn). After seeing these forums, why would you subject your employees to such harassment!? 

Don't ever say that you could "learn how to break into PE over a weekend" and you could find free materials that are better compared to everything that we've done within this business over the last 2 years. Our stuff is SUPER FRESH compared to your dated 2-statement LBO test on your drive that HIG gave out 3 years ago -- why do you think that will work today for an interview with a Megafund in 2022 where the rest of the world has gotten so advanced and complex?! You're not the only smart one working in finance, are you? We work with countless Mentees and Coaches to help them mock interview in the same way that you're going to be mock interviewed by these megafunds. Practice makes Perfect that's why our Litquidity-Student Athletes all have 3.8 GPAs and above and are going to places like EB's and Analyst-programs fresh out (with and without the help of OfficeHours). If you have a solid chance yourself, great - if you work with a coach and drill materials, case studies, models, and then get asked about them in an interview setting -- your chances improve - that's literally factual.

If you're about it, great - if you're not - either let me know, we'll take you OFF our subscription list or just completely block you from any communication (if you were on it to begin with). Which we have already with a bunch of you so idk what's peeving a few of you this bad that you have to keep posting about our business.

What you shitposters don't understand is that it's 10X easier to shit on something and berate someone online for doing something different than it is to do something yourself productive (I guess that's why it's in the name). If you take away your title and your firm name and you want to start something new - especially in finance, understand you're going to have to start from the bottom and work your way up just like any company - other industries like tech can be more encouraging but it's just in finance many tend to be fucking egotistical masochists.

AND IT'S A BUSINESS -- you're going to partner, you're going to take money, you're going to raise money and you're going to spend on sales and marketing to attain revenue -- you would think for individuals that spend so much time putting decks together on BUSINESSES you would know how to run one, def not.

If this is WS*&^) or another competitor of ours posting, it makes sense why we get shit on so much on their own platform where they sell competitive resources and are looking to bring down the new kid on the block, sure. However if a few of you have issues with me personally and what I've done, well my name is on this post - you clearly have received an email from me and you know my LinkedIn (fuck, probably even my phone number) - why don't you reach out and say it to my face? Find a time to step away from your desk and give me a ring or let's schedule a time, I work on my own hours so I'm around. 

Sure you can sit there and wallow in your misery and be like "hey, fuck Rohit he's a snake-oil salesman, fuck him for pinging me over LinkedIn, fuck another Indian man for doing well in this country, fuck it all" - or you could reach out to us and if you mention this post we'll choose 5 of y'all for FUCKING FREE COACHING since CPI just reached out and oncycle 2024 is about to start (and clearly some of y'all aren't happy with your current banking gigs - shows with how much you post on this anonymized forum).

Aside from this - I'll let the team get back to releasing an updated version of this Compensation Deck but understand one is only as good as the data they're provided and I think some of it was skewed due to London numbers where they get paid less.

and btw fuck you all, we hook it up and help such great people get their dream jobs -- sad to see so much critique around a couple individuals bringing something new to the scene (if you know of another Buyside COACHING platform, lmk because we're literally the only ones doing it as a CORE part of our biz)

quoting for posterity ... this is actually embarrassing

 

No one on this platform shits on BIWS, 10x EBITDA, WSO or Peak Frameworks. Why are you and sam shiah getting all the hate? Ever thought about that? If you claim to have worked in IB/PE roles, then you should be smart enough to figure out the difference there. Preying on college student asking them to pay $7k to break into banking, isn't a business model. Maybe you guys could change your business model to be more like Flatiron school or app academy for banking? If you actually believe that your service is providing result, then deferred all payment until people actually get the job.

 

btw fuck you all

This is a Chad Tier public relations strategy

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”