Do You Look Up to Patrick Curtis?
Good old Patty Cake left banking to become the Chief Monkey Officer at WSO. Do you guys think he is prestigious, would you trade lives with him, do you think he "made it" or is he a total chump?
He's crushing it, he left models and bottles to join tech and get neck, now he has millions and monkeys galore
You think that chump actually has millions?
I actually don't know man but I've thought about it too, what type of money can you make from WSO. But millions is totally plausible and really not that that impressive of an accomplishment.
I bet he could easily capitalize on that sweet sweet text data if he decided to add a bunch of Natural Language Processing features and sell that off to recruiters or something.
Also, the database of companies that people compile on this could be used to to start some "Glassdoor for Finance" type service.
+2, Imagine WSO adding ads for financial companies to promote themselves. BB banks might not, but some start-up HFs or small time boutique banks might want to.
Yes. He helped a lot of newbies like me.
That's a fact I definitely respect him
ive trolled a lot of different forums over the last 15 years or so and ive never come across one where the founder is a little bit of a local celebrity like this
Patrick Curtis is a God amongst men. A diety in the sea of lost souls that is investment banking. The one true Lord of LBO modeling. The Pinnacle of Private Equity, if you will.
Thanks Goldi for always keeping us on our toes...
Not really. Don't look down on him either. Just look at him
i like to look at him
He left a career he didn’t want to pursue one he did. Don’t know whether his earnings trajectory is better or worse, but I’m confident he’s happier and that’s what matters. Respect him a lot for choosing what he wanted rather than slavishly following a path he didn’t
agreed
How much do you think he makes a year?
He was one of the first people I connected with on LinkedIn. He basically opened up everyone who has "Investment Banking" listed on their profile haha
I would love to see what he has to say about this lmao
Let's ask him @wallstreetoasis
Cheeky Patrick with the random account to flex!
Subscription business is one of the (if not the best) business model. Add the fact that we create the forum content makes it even better. Brilliant.
Right, but I haven't bought anything from this site, and neither have most of the users, so he's generated $0 income from me, and probably you as well
True, but many have (I would think). This is also a huge distribution model where he can add things of value (and for purchase) and easily distribute through the established network. I would imagine other firms would pay to promote to this list so it could become (probably already is) a pretty big advertising play.
Patty cakes? how do you know the nickname my sister calls me? ha.
Given our traffic level, we are still a very small business and we've been pouring a lot of $ back into the platform for years... For example, just in 2020 we've spent:
For those curious, what I'll share is that I am likely making ~10-30% less than I would be if I had stayed in private equity post MBA (that's assuming I would have been able to make it back in?)....but I would be happy to do this for a 50%+ paycut. That's basically what I did when I graduated Wharton...
What price do you pay on full autonomy? Now what if you had 3 kids aged 5,3 and 1? :-)
What value do you put on a lot more upside and excitement knowing that what you do/decide can dramatically alter the direction of a company? I put a lot of value on that and I've been able to pay myself well and save for the future such that I am not under any financial stress. Other stress and some sleep deprivation, yes -- but that is mostly from the kiddos.
The good news is with the launch of the financial modeling courses, it does open up a lot more markets for us and opportunities to bundle with our interview courses + mentor program. I see a bright future for WSO as long as we continue to serve and try to keep the UX experience at the forefront and don't start throwing pop-up ads everywhere for the short term $.
That being said, it would be false to say I was some sort of risk-taker...I jumped to WSO full time only AFTER it was clear there was something viable there...
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