Why is Moelis is a Better Goldman Sachs Than Goldman Sachs?
Goldman Sachs, the epitome of prestige (here on referred to as 'Steege), eh? We've all heard, the lean teams, learning from legendary dealmakers, headline grabbing deals and eight figure pay days.
Well what if I told you that all of these things don't correlate to Goldman Sachs and haven't for decades? What if I told you that Moelis is a better Goldman Sachs than Goldman Sachs is.
What is this 'Steege' all about anyway? Let's spell it out:
- Pay. Goldman underpays their employees, Moelis is top of street. Both at the junior levels and senior levels, Moelis out pays Goldman.
- Rainmakers. You tell me who you would rather have as your bank's top dealmaker, Ken Moelis or a guy who does hacky DJing at small restaurants like some agent of average middle-aged man going through a divorce trying to find a new hobby
- Exit Opps. Given Moelis' focus on true advisory & M&A work, graduates of the Associate/Analyst programs are encouraged to and succeed at finding god-tier PE exits. Goldman's exits are alright but nothing to quit your career and become a DJ over either.
- Swag. Literally all Goldman rainmakers are balding. Ken Moelis still got a hairline.
- Technical Skills. Because Moelis has leaner teams and focuses on higher value advisory work, junior bankers will leave with a superior skill set that it would take years to develop getting micromanaged on small ancillary tasks at a BB.
- Illustrious Deal History. Guess who sold Barstool? I'll give you a hint, same guys who sold WWE. Goldman is still leveraging their hacky relationships with third-world wealth funds to gin up deal activity (see 1MBD scandal)
- Giant Dingers. The Moelis bankers are former athletes who used to pitch heat and hit fat dingers on the baseball field. Goldman bankers are confirmed goobers on cleats.
- Experience. You tell me what you'd rather experience. Hitting fat dingers and swaging out at Moelis or losing your hair and dropping pop flys at Goldman?
Slow day at Moelis I see
Imagine what Goldman Sachs must be like...
Once Moelis becomes a full service investment bank, let's have that conversation. Advisory is just one part, and it's great for a boutique that doesn't really engage in capital markets.
Moelis is already leaps and bounds better than GS. Moelis is the only place that exits the most people to heaven per capita. SG Partners only gives that interview exclusively to moelis 1st years.
Trolling or no jokes? (I'm new to finance so I have no idea)
Which interview?
Literally nobody cares about this besides (virgin) target and non-target prospects.
Imagine slaving away at GS for poverty wages while your CEO DJs at clubs and uses his business connections to push out whitney houston remixes that would otherwise be impossible to clear. Sad!
What is IA btw
Wtf is Moelis?
I believe it’s a boutique bank with long hours
Boutique what ? Is it something like LV or Fendi?
Can confirm S is true. Goldman lost its hair swag when Gregg Lemkau left for MSD.
Moelis is certainly a better place for accelerating AHD.
A: aging
H: hairloss
D: depression
Friend worked at Moelis and this sounds like his experience.
And of course, it had to be an intern😂
Your title is giving me a stroke
It's not.
I want to work at the Goldman Sacks. Please tell me how to get a job at the Goldman Sacks.
Same bro
There’s no M in PRESTIGE, catboi
No boutique bank can be better than GS.
Moelis has better buy side placement. If you are looking to work in IB for 2 years and exit to PE, Moelis is not be a bad option compared to GS
Interesting, I did not know that.
How did you see buyside placement figures for Moelis and GS?
Networked with their analysts, can say that it has one of the worst culture I have ever seen
How could you tell based on your networking call / chat with an analyst there?
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