So many people on here deem anyone that leaves IB after two years as “can’t hang”-type people.
As I scroll the swathes of LinkedIn, so many founders of companies, and serial entrepreneurs, started in IB and left after 2-4 years. And anyone that wants to stay in IB and work 80 hours a week on partner track, good for them, and good money there, and obviously requires a high baseline IQ.
But I’m convinced the smarter thing to do if you want the most money for the least time is to leave and start your own company. IB/PE attracts the smartest people in the world. If you got into IB/PE, there’s a good chance you’re able to figure out a product / business that will be successful.
Basically I fully support anyone that sticks around and likes money + being busy. And ofc not everyone that leaves hits it big later. But anyone that deems someone as lesser because they left, is stroking their own ego imo.
delete
I offend you?
nah i actually just repeated your post haha
Oh haha love it 🙌🏼
But overall I was saying that your point about IB people being smart enough to figure something out isn't that accurate. Simply because recruiting in US IB is way too rigged, so only ~20-30% are actually that smart.
Least controversial opinion on Wall Street. I think the general consensus about IB amongst most, especially on the buy side, is that it's the best training ground for a career in finance/whatever you want to do. IB simply is a trial by fire to get deal reps in as well as understand some of the drivers of a business.
>So many people on here deem anyone that leaves IB after two years as “can’t hang”-type people.
dont think this is a widely held view at all. It’s more like if you leave after 2 months people will think you couldn’t hack it
Last time I checked Steve Balboni said the same thing
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