Kanye in banker terms

Imagine - you’re an MD/Partner with strong connections in your coverage industry, but have been too lazy to branch out from your firm and start your own practice. But one day you realize you’ve had enough, but your current firm is being a pain in the right cheek about you leaving, so they start painting you as some villain that’s up to no good. You try defending yourself but it only plays into the narrative they’re pushing, so rather than defend yourself, you play into it & embrace the villain image to the point where your firm has no choice but to let you leave (terminate you) and forego the deal fees you would’ve generated.

The reality is this, you had no choice but to force your way out and start your own firm because your ex-wife and mother to your children just launched a PE fund while you’ve been too focused on working your way up the corporate ladder. Sure it pays the bills, but it’s time to show her that you’re not just a businessman - you are the damn business, man.

assumptions - Ye (f/k/a Kanye West) forces way out of Adidas, Gap, Balenciaga, etc. to launch all-in-one music publishing, fashion manufacturing/retailing, strategic advisory firm that features a buyout & growth stage VC arm alongside it’s banking services so that Ye can provide outside capital to his company, rollup small fishes in his pond, and lead left his company’s acquisitions of Adidas, Gap, and Balenciaga.

Sincerely,
Intern

 
Most Helpful

I can definitely subscribe to your analogy. Self-sufficiency is an absolutely incredible feeling! Although in your particular example, perhaps without the Kanye West mental health issues...

---

Update: Ironic what's transpired the *very day* after this thread got posted. Adidas, rather, has CANCELED Kanye over his egregious antisemitic comments. As a result, overnight, he's lost more than 3/4ths of his wealth and is no longer a billionaire (Forbes Net Worth $2B ↓->↓ $400MM).

#coolitwiththeantisemiticremarks

#dontbitethehandthatfeedsyou

 
Funniest

Smh, took them long enough. You'd think a German company like Adidas would've acted quicker, haha. On the flip side, their stakeholders had to agree on terminating the man responsible for literally 10% of their yearly revenue, which is fvcking insane!

 
xyzzyx

I can definitely subscribe to your analogy. Self-sufficiency is an absolutely incredible feeling! Although in your particular example, perhaps without the Kanye West mental health issues...

---

Update: Ironic what's transpired the *very day* after this thread got posted. Adidas, rather, has CANCELED Kanye over his egregious antisemitic comments. As a result, overnight, he's lost more than 3/4ths of his wealth and is no longer a billionaire (Forbes Net Worth $2B ↓->↓ $400MM).

#coolitwiththeantisemiticremarks

#dontbitethehandthatfeedsyou

Can we point out the irony of Adidas, named after a literal Nazi Party member, cancelling anyone over anti-Semitic comments?

Array
 

Highly doubt he loses that much net worth and cash flow. Factories outside the US don't give a shit about the PC police. His brand accounted for $1.8-2B in sales and over 10% of Adidas' topline. Demand is demand. 

Adidas will come out rougher in the long run, unless Kanye torpedoes his own brand, which is still far-fetched.

 

Dude this isn't up for debate, it's black and white reality. Irrespective, market volatility doesn't care about what you think, society determines it's worth. The faster you learn that, the sooner you'll be successful. For Ky, banks won't even work with the man anymore, JPM also dropped him like a hot potato.

 
[Comment removed by mod team]
 

I think he got cancelled over the violent "death con 3" statements towards Jews. The media, finance, law, medicine stereotyping comments, while insensitive, weren't the deciding factors (like saying women are generally homemakers, not men).

 
[Comment removed by mod team]
 

Quidem iste voluptatem natus ut laudantium. Velit eos itaque est. Quas autem natus dolores ut ut enim id. Fugit autem facilis eos vitae enim. Beatae dicta officia est natus.

Quia non dolore quia possimus enim ipsa. Non ut adipisci maiores sint qui corporis non. Amet recusandae amet nihil reiciendis itaque.

Qui sequi deserunt totam hic. Est sit aut ut sit qui consectetur magnam tempore.

At eum suscipit et soluta ipsa inventore consequatur. Cumque qui laudantium eveniet doloremque fugiat minima. Et aliquid nobis voluptatem iste quam. Reiciendis deserunt ab fuga illum.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”