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.
Totally agree - really disappointing. I will not contribute to the survey anymore, office hours is a complete scam and not happy if they've gotten my name, email, and comp (!!!). Would rather see Lit run ads in between stories than deal with the officehours urchins.
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.
Commenting to say hi Lit’s story
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.
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.
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?
I didn't know this because I don't spend my time on here. Those are definitely damning accusations.
My interactions with them haven't been around their main offering, but seeing this now is clearly concerning.
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.
PR Team made me delete.
Hahahahaha you actually admit to the fake LinkedIn profiles?
Did you actually type this up and think it would make your company look good?
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.
This is a Chad Tier public relations strategy
All I have to say is fuck you for constantly emailing me on Saturday's at 6am and 9pm
Edit: of course you asked Lit for emails you annoying fuck