Go start a SPAC…

If you can't beat them, join them. Instead of complaining about misalignment of incentives and wack governance structures w/ SPACs and subsequently wanting to short them…just make it your goal to start one. You read stories about folks (not just middle-aged/ 20+ years in the industry, but also relatively young guys) starting SPACs in the $100-200mm+ range. Sponsor gets 20% of that…just to find a company to take public in the span of 2 years. Go work for 7-10 years, and then go launch a SPAC. Then you can either retire at age 34 or do it again and again.

Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

Comments (2)

  • Intern in IB-M&A
Oct 12, 2021 - 6:55am

Assumenda quidem architecto commodi exercitationem. Vitae recusandae corrupti temporibus asperiores aut enim aperiam. Voluptatibus quia voluptas sit aliquam fuga. Dolor perspiciatis quia quia omnis. Perspiciatis aut repellat perspiciatis consectetur.

Voluptate nostrum rem assumenda inventore molestiae qui. Voluptatem aspernatur eos consequuntur sint non. Et culpa nulla qui commodi.

Laudantium nihil neque voluptatibus libero cupiditate est cum. Omnis numquam quia repellat nostrum qui maiores libero. Reiciendis et ut dignissimos voluptatem sequi fugiat dolorem.

Start Discussion

Total Avg Compensation

October 2021 Hedge Fund

  • Vice President (19) $498
  • Director/MD (10) $359
  • NA (5) $306
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (19) $272
  • 2nd Year Associate (28) $241
  • Engineer/Quant (51) $237
  • 1st Year Associate (64) $187
  • Analysts (192) $166
  • Intern/Summer Associate (16) $122
  • Junior Trader (5) $102
  • Intern/Summer Analyst (213) $82