Exit to Palantir — thoughts?
Anyone know much about Palantir? A recruiter hit my line last week. Want to know if it's something interesting — looking to exit into a non-financial sector, so definitely a positive for me there.
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Like as a software engineer? They do a lot of personal data mining stuff which is a bit controversial in cs circles. I got a full time offer there for around 180k total comp.
Cool company
Sales or swe?
Deployment Strategist
Have heard bad pay and WLB (for a tech company, not compared to IB of course) for that role
I could probably swing a spot in their BizDev too based on my talks with the recruiter
Huh? Palantir pays starting better than most banks. And even in this job getting street compensation it takes years to catch up to their salary. Starting 140k (salary, not including options and bonus) and bump to 170k after. OP Google - (Some Top Old Investment Bank) Deployment Strategist LinkedIn - see if he will talk to you
But it really comes down to what you want... I'd go through the process and weigh your opportunities for yourself. Don't rely on some forum to give you advice on what you want to do. If Finance is what you really want to do (including PE) stay where you are. If you want to go do Tech, Palantir is a cool company and a great place to work (at least you develop some really good skills) if you are comfortable with their political leanings...
Source: I have quite a few of friends who work there including a buddy I've been close to for over 10 years...
These comp numbers are skewed. Unlike in IB, there aren't different "ranks" of deployment strategists. For example, I know one who is fresh out of undergrad and another who was in the CIA for 11 years. Obviously, these guys have very different comp packages / day to days, but have the same comp.
Whenever anyone on this forum wants to know about comp, I would strongly advise looking at h1bdata - it's always going to give 100% trustworthy numbers (but only for base salary).
I don't disagree at all. But I am speaking for starting and then 18 months in.
The point is the pay isn't bad and yea WLB is also not great, but they pay up.
Very cool role - You'll basically be going on-site to make sure the product is being used the best way s.t. it adds the most value. I would take it over most IBs if you are not sold on finance.
Following.
Comp is strong. They don’t really have title promotions, but you keep getting paid more and more as you advance.
Business is doing well. Even with the massive appreciation since they went public, it’s equity I’d want to hold over the long term
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Any more info on day-to-day of a deployment strategist?
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You are presumably a hardworking, intelligent young person with wide array of potential opportunities in front of you. Do you really want to use your talents and a portion of your early career to advance a firm whose business model is in direct opposition to civil liberties? We are all investment bankers here so nobody is really spending their life assisting orphans and widows, but I would draw a line between providing access to capital markets and enabling M&A activity versus directly supporting ICE, broken-windows policing, and a surveillance state. Maybe I am a hypocrite though.
I started my career in consulting and Palantir was regarded as a desirable exist for first and second year analysts. I always thought it was sad to be 22-23 years old and already have lost all idealism. Whatever. Those people are all a lot wealthier than I am today.
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