Most Ridiculous Exit Ever?
The title might be a little hyperbolic but I just saw the news on today's Term Sheet, a GS TMT analyst in SF just left after his 2 year stint to join Sequoia Capital... as a Partner in their Growth Equity practice. Looked the guy up on Linkedin and he looks a like a standard banking analyst, wtf?
http://finance.fortune.cnn.com/2014/02/19/sequoia-goldman-twitter/
Welp, what am I doing with my life.
Pretty sure Sequoia lists everyone as Partner or something similar (Accel does this as well, Greylock and some otheres too?). In other words, he's an Associate.
Yeah, on second thought, I just checked Glassdoor. ~350k is certainly a nice salary but it's not as mind-boggling as I first thought. This is basically a glorified associate, like meph said.
Yeah, that's misleading as well, because Glassdoor for buyside spots can't really be relied upon. There's so few spots at a place like Sequoia. No way an Associate 1 gets $350k salary.
wtf is wrong with you ? 350k is a nice salary but not mind-boggling? Is this guy not 2ish years out of college? lmk when you make 350k a year; try graduating college first tho
^lots of money to invest.
As an aside, Fortune always makes me chuckle with their use of "quietly" like its some big state secret...
"Sequoia Capital has quietly hired a pair of junior partners for its growth equity practice, Fortune has learned."
Hey man, no need to get your jimmies rustled. Like I said, it's a good salary, but it's not completely unheard of. Hell, I have friends myself that are at that age making around the same.
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