Any monkeys manage to make the list this year?
30 Under 30 Finance: The Top Young Traders, Bankers And Dealmakers
The rising stars of finance can be found on both the buy and sell sides of Wall Street, working for big banks like Morgan Stanley and Bank of America, hedge funds like Och-Ziff Capital Management and BlueCrest Capital Management, and private equity firms like Blackstone Group. They are also starting up their own investment management businesses and entrepreneurial ventures that aim to shake up the financial services sector.The 30 young traders, bankers and dealmakers who have made their mark by the age of 29 are not only pushing serious amounts of money around, they are also innovating new financial products and strategies—and generating some controversy in the process.
Take Lucas Duplan, who founded Clinkle, a digital wallet that aims to change the way consumers conduct financial transactions. At 22, this Stanford computer science grad has managed to raise $30 million from billionaires like Richard Branson and Peter Thiel, and big shot venture capital firms like Andreessen Horowitz, even though he has yet to release his product. Duplan has also hired former Netflix CFO Barry McCarthy to be Clinkle’s chief operating officer. But Duplan has been slammed by tech reporters and bloggers for the large number of Clinkle employees who have either quit or been fired in a short period of time. Duplan’s over-the-top video ad for Clinkle has also raised eyebrows. “At the end of the day only one thing will matter: Do people like and use our product?” says Duplan. “Our focus is not on the press or who is backing it. Our focus is on product.”Another young entrepreneur, Fred Ehrsam, is trying to help Bitcoin go mainstream. As the digital currency becomes more of a phenomenon, the 25-year-old former Goldman Sachs currency trader is working to make Bitcoin more accessible. He is cofounder of Coinbase, which is attempting to build a PayPal for Bitcoin and recently raised $25 million in a financing round led by Andreessen Horowitz, making it the top-funded Bitcoin startup.
Big financial institutions, however, remain as influential as ever and are well represented on this year’s 30 Under 30 Finance list. Goldman Sachs has three of its employees on the list, including Andrew Silverman, a star bond trader who at age 28 was recently promoted to managing director. Morgan Stanley has two representatives on the list, including Jeffrey Sun, a 29-year-old executive director who is the firm’s primary trader in oil products options, managing the investment bank’s exposure to things like jet fuel and diesel.
http://www.forbes.com/sites/nathanvardi/2014/01/06/30-under-30-finance-…
$10 says Lucy Baldwin could make you eat your own dick while you cry
+1. Lucy is the kind who spoils all the parties.
What about Carryn M. ? Does anyone think she is trustworthy ?
Oldest 20 year olds ever! Lucy is definitely 29 going on 40.
Testament to what banking hours do to you
Some of these people look like shit for being in their 20's
That is what happens when you developp an addiction to excel models
Some of these people are ridiculously impressive and easily deserve the spot. Others leave a bit to be desired. I'm not sure how they source their candidate pool, but I'm a bit surprised that these represent the top 30 people in their twenties. No offense to Katie Keenan, but at 29 she is an associate at Blackstone. That seems like a pretty standard path to me. Similarly Matt Schoenfeld is an associate at Morgan Stanley at age 26. I have no doubt he will go on to have a successful career, but top 30?
CB, these aren't necessarily the top 30, but rather the top 30 of those who apply. I have a feeling this is a lot like book, indie movies, and podcasts awards where the various parties who make those books, movies, and podcasts have to apply to have a chance to win the award.
So there is an application process rather than a nomination process?
I would assume that these ppl make a ton of $ for their respective firms, and the title is more of a meaningless formality. And their base compensation is irrelevant when compared to their bonuses.
With that said, a 29-yr old MD @ GS. Must be bringing some good business.
"The judges were Anthony Scaramucci, Founder, SkyBridge Capital, Jim Breyer, Partner, Accel Partners, and Adam Zoia, CEO, Glocap."
It's just a list of good looking chicks!
So basically if you stay at a BB for 8 years, at some point you're gonna make the 30 under 30?
Lost touch with a kid from grade school...an uh, just re-found him. What a way to do it!
Andrew Silverman (28) "recent promotion to managing director goes into effect in 2014." Damn.
That awkward moment when you see your interviewer on this list.
This is so monumentally horrible, it gets me all depressed. I would def slit my wrists if my name ended up on one of these lists.
Really?
Yep... It's just a bad trade: lots of downside, very little to no upside.
John Locke... wow.
Could they not afford better pictures?
Nothing like bashing on people more successful than us -_-
Wow, really impressive people. Looks like a lot of these positions (e.g. founder of a 9 or 10 figure fund) required substantial connections. Curious if there's kind of a common link between 90% of the finance entrepreneurs, such as elite prep schools and wealthy and well connected parents. I would think being a finance entrepreneur would be the single most difficult thing to do as a young adult given that experience is such a highly valued commodity when it comes to fund raising.
Isn't Zuckerberg still under 29? Still more impressive than any of these...
Sorry for sounding like a skeptic but what is the downside of being on this list?
If this were, say, 1985 I would definitely try to get my name on this list for the sake of building my resume and being able to sell my services even better. In 2014 with the complete lack of privacy I would in no way want my name on one of these lists so people can go online and make fun of me, or look me up on Facebook/linkedin/twitter/instagram, or question the veracity of my claims publicly, or email my boss or clients, etc. I would want to be successful and anonymous.
Those who wonder how these lists are populated ought to read this essay by Paul Graham on PR firms: http://www.paulgraham.com/submarine.html
Journalists are unfortunately too busy trying to write novels nobody will read to actually do their job. Hence this.
The nominations are not random nor a money honey pot; you can bet every name on this list has an agenda, especially when the nomination process is this easy (it would be more interesting if one had to know who the nominating committee is and approach them via your network). "Hey John, the nominations for 30 under 30 are up again, can you put my name in? here's a couple paragraphs you can use."
I know because I do the same thing myself. You never know when you might need to add an extra line on your CV or negotiate a higher package at a competitor, and people are suckers for brands because like journalists, they are too lazy to do their job on the whole (and you only need one good offer). Conferences, awards, lists, brand names are great things to help a lazy stakeholder make an important decision without thinking too much.
Just like with wine. "Oh, it's 3 euros more, but it has a gold medal! Must be good" - never mind that another 50 wines got a gold medal at the event and the judges probably either didn't taste it, or got so blind drunk that they couldn't tell the difference after the first 4 samples. I always wondered why they bothered with silver medals - guess some people like to pick the second best "cos it's probably better value".
Great post, +1
Katie Keenan is kind of cute.
She's a total babe.
I actually think all the girls listed are quite easy on the eyes. Trophy wives with brains.
Just look at the judges and you will know why.
I would hold Katie's hand.
hold hands? Ive never even hugged a girl
Anyone else notice the dearth of Asians in this list?
I didn't, but I assume you did.
Here they are, in case you actually did:
Ganesh Batenbhatla Rushabh Doshi Chaitanya Mehra Neil Mehta Vivek Ramaswany Sam Shikiar Jeffrey Sun
East Asians* That leaves only Jeffrey Sun.
can someone resurrect a 30 under 30 list of 2-5 years ago and play where are they now. The fact I can't find anyone in a list of people I consider role models having credentials like this makes me wonder why there is such a disconnect. Burnout or just a publicity stunt?
This is a joke. I know of a case last year where someone was put in this list because the writer/editor of the list went to college with the person I worked with, and my coworker was put in the list because they needed to "fill up space." Kid you not!
Also Ganesh looks like a character straight out of LSO.
I second the point on how this list does not seem inspiring. Something about this selected group seems off...I'm calling this a publicity stunt
30 people for several categories? And they're NEW people every year?
The quality of that list is going to be incredibly shitty in 10 years. It's almost like that National Honor Roll book in high school they tried to get you in...
Great post!
Epic: http://www.newyorker.com/online/blogs/shouts/2014/01/3-under-3-innovato…
hahahaha
30 successful people highlighted for their hard work, and 100 WSOers lined up to rag on them out of jealousy. I'd expect nothing less...
I doubt anyone is shitting on the people on the list per se, but rather shitting on the list itself.
Where are the Tyle brothers (Sheel and Sujay)?
To: Carryn M. (JP Morgan Chase) and Lucy B. :
Some of the guys running own funds/Pm's at op funds are impressive but most of this list is very unimpressive versus expectations of top 30 of finance.
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