Trending Content - Investment Banking Forum
| +197 | Americas M&A League Table Q2 Updated | 79 | 3h |
| +131 | Restructuring: Anti-climactic Experience | 34 | 1d |
| +102 | IB Net Worth / Savings Check | 49 | 25m |
| +91 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 24 | 13h |
| +80 | Stop sleeping on UBS - it’s pretty good | 26 | 2h |
| +52 | 2026 VAULT PRESTIGE RANKINGS | 29 | 1d |
| +39 | AI + Financial Modelling | 12 | 1d |
| +30 | Hardest interview experiences? | 16 | 23h |
| +28 | Summer before college | 17 | 13h |
| +26 | Current State of UBS in North America | 8 | 2d |
Career Resources
Deleted
Complete shit. Horrible culture
Lots of false promises made in that office...stay far far far away.
What is this referring to
Following
Heard good things about Citi
Citi tech seems to be really weak from what I’ve heard
citi SF tech is atrocious, hiring MDs has not helped but things could change in 12-16 months down the line. exits are not impressive at all either.
heard the same
Would consider Laz in that list too.
Laz SF tech office was the sole advisor on Google/Looker and helped with VMWare/Pivotal this year. They're not GS/MS/Q level, but comparable to JPM and get better deal flow than EVR (not necessarily better exits).
GS TMT, MS Menlo, Qatalyst are top 3. There’s a big gap in prestige, exit opps, and deal flow between those 3 and the rest of the tech banks.
you can argue jpm competes on deal flow with those 3, maybe not on selectivity/exits tho.
Yeah, I think selectivity and exits are pretty important as well thus JPM is not even close to those 3.
Does anyone have any other insight into Citi tech SF besides that one post that shit on them? I saw that they hired several new senior bankers from competitors. Was wondering if it was worth networking with them.
Can speak to this actually, I recruited with the group and met quite a few people (will not disclose if I got an offer or not). Generally, seems like very competent and friendly people but obviously superday experience is not the best tell so take that as you will. They have indeed made key MD hires recently and SF Tech is regarded within the overall investment bank as an expected riser. Exit opps will always trail success by a cycle or two so if that is your primary concern, I would consider other places above Citi SF. But they do M&A in-house, so you will get a good learning experience there.
Can confirm that they do M&A in-house.
Would someone interning at gs tmt in sf be limited to a certain type of pe? How challenging is it to recruit for ny mf pe being in the west coast?
You still get the same head hunting since it is the TMT group at GS; however, it is harder to recruit for east coast given that you have to fly out for interviews during work. However, there are plenty of top PE opps on west coast (TPG, KKR, H&F, SL, TB, VE, CVC, LGP, WCAS, etc)
Thoughts on Stifel San Francisco Tech? Rankings / exit ops / culture?
bump curious as well
How is UBS SF? I heard their tech team is the best group in the whole bank multiple times from people.
Curious about this as well.
Didn't some of the top UBS folks leave to start Raine
Where would FT Partners fall in the pecking order? Been seeing them around a bit recently in the news and on these message boards.
These rankings are mainly in terms of exit opps IMO so I will talk about that.
Though the firm has been trying to improve its culture recently, the majority of the analysts leave before their stints are over. Most of these analysts lateral to other better IB shops or other places that have better hours so they aren't burnt out.
There were about 4-5 analysts left in both the SF and NY offices who formally exited this year. Exits include smaller PE/VC firms like Carrick and Princeton Ventures, Bus Dev at a start-up and IB Associate at a well-known boutique.
As for exits as a whole, sure you can find people on LinkedIn who went to Vista Equity Partners, Accel, CVC, Coatue, Blackstone and Olayan. However, most of these were either due to connections or because the analyst was the absolute most top bucket and was just that good.
Obvious troll beware ... everyone knows FT kids generally exit to wherever they want, but most want to stay at FT. Analysts have "connections" ... please.
Where have they been in the news at all? You'll only see them like once a year for a semi decent deal announcement.
Top firm in Fin Tech for sure. Mega deals, no pitch work and big pay is what I've heard from one Analyst.
Any info on Barclays menlo or BAML palo alto
BAML Palo Alto is a lot of pitching and not many deals
thoughts on db sf tech?
heard jpm has done super well in terms of market share this year
Thoughts on Barclays menlo vs jpm sf tech coverage? Exits opps? Barclays does m&a in house but does that affect exits that much or is jpm still better even though coverage seems to just pitch?
Barclays is bad at everything except for O&G/power.
What? Their tech team is fine, nothing special but not "bad". They also have a good HC team as well.
LOL
They’re not that good in O&G anymore. Every MD which made that shop a juggernaut is gone (Pipkin, Skip, Jacobs, Hutchinson). Middle tier living off past reputation
Thoughts on CVP PA?
Thoughts on Moelis SF?
[removed removed removed]
Moelis SF has good w/l balance..?
Thoughts on FT Partners? Seems to be on a fast rise for an only-FinTech focused boutique but curious how it would compare to the EVR, LAZ SF/Menlo Park groups?
It's known as a sweatshop boutique without really any exit ops. Try for anything else first
any idea on comp?
Get your facts straight. FT Partners is and has been on the rise while you and others have been sleeping. Do your homework.
Obvious troll, nice. Give it up.
FTP is and has been on the rise. Misunderstood bank, lot of trolls clueless, but killing it in financial tech space which is the hot space for the next decade. Bloomberg article says it all google it or look here
https://www.bloomberg.com/news/articles/2019-12-06/he-left-goldman-to-h…
you’ve been posting a lot today Steve
Thoughts on PWP SF?
bump
They just advised PayPal on its $4B acquisition of Honey.
ubs vs. citi vs. barclays?
UBS's tech team has been doing very well and is growing rapidly since it got revived a few years back. Citi has been known to be pretty sub-par with analysts leaving all the time. Barclays has recently developed the rep of being weak.
How’s jpm?
^ also curious JP compared to the rest of BB (non-MS/GS)
any insight on RBC SF?
curious to hear other peoples' perspectives, but I've heard they're making pretty big strides in HC
heard it’s a sweat shop and hc has better hours
Thoughts on Jefferies SF?
Would like to know as well
Know of someone who lateraled from there to a BB, citing there was not much deal flow. Back in Foster City, they were so busy that interns were getting absolutely crushed from what I heard. Don't understand the disconnect. Can someone clarify?
I think BAML Palo Alto is pretty good currently. They've closed some pretty solid engagements so far this year. They were the buy-side advisor to Salesforce to acquire Tableau. I also know they were the buy-side advisor for Broadcom to acquire Symantec; with both of these being $10bn+ deals in 2019.
One of the buy-side advisors. They were involved in the acq. fin., thus they're allowed to list themselves as buy-side advisor on tombs.
They were sole advisor on Tableau.
lol check your facts bud
Bump on RBC SF tech M&A group
Sed blanditiis sequi sit corporis cumque laudantium quibusdam sit. Assumenda voluptas molestias aut veniam. Quisquam ex voluptatibus rerum tempora unde et accusantium dignissimos. Quos impedit quibusdam tempora aut.
Beatae quia dolores fuga omnis. Tempora ut modi adipisci animi.
Dolorem quia voluptatibus repellendus autem voluptatem sit incidunt. Error officia tempore cum maiores incidunt consequatur. Ut nam voluptatem magnam accusamus ad cumque quo. Aut provident quia dignissimos esse quas. Enim doloremque soluta est. Distinctio reiciendis laudantium assumenda fugiat perferendis.
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...
Cupiditate excepturi sit fuga veritatis odio vel hic. Rerum et ea fuga nulla repellendus quasi voluptatum. Omnis recusandae corrupti totam et voluptas veniam eos. Eos at ab possimus cumque. Ea id quae aliquam soluta sapiente sunt.
Beatae voluptas deleniti ut perspiciatis eos. Modi nesciunt nisi praesentium voluptatibus atque qui impedit. Dolorem et dignissimos sint laboriosam. Ipsum est quibusdam delectus voluptatem ad minus sunt. Atque ducimus velit distinctio et fugiat ad occaecati. Quo fugit ullam ut eaque repudiandae recusandae sit. Sit aut quisquam explicabo vero dolore libero.
Eum qui placeat architecto velit sit cupiditate. Velit harum quo quae animi. Quia quibusdam corporis consequatur. Placeat sit animi aut eos cupiditate ut cumque. Recusandae porro aut saepe nobis officia. Reiciendis cumque autem et amet deserunt aut.
Nihil dolor pariatur debitis inventore mollitia minima eveniet. Eius voluptas tenetur est ipsum dolore alias. Recusandae a quia incidunt quo fugiat. Et dignissimos dolore est alias harum. Eos voluptate est recusandae maiores vel est.
Rem odio error architecto consequuntur quia aut. At dolorum debitis neque. Accusamus ut dicta quisquam earum veniam. Eligendi voluptate officia velit et.
Sunt consequatur mollitia ratione nesciunt. Unde ut sint ullam maxime aut numquam. Consequuntur atque nihil consequuntur odit aut sit eos. Qui beatae ipsam hic aperiam.