Comments (29)

 
Feb 12, 2013 - 4:57pm

From what I have heard, SF handles mostly tech (all the Silicon Valley stuff) and NYC is mostly media/telecom. They are both the top groups on their respective coasts, so it mostly depends on what you're interested in and where you'd want to live. They recruit separately however.

 
Sep 21, 2013 - 4:44pm

GS TMT in NYC vs SF? (Originally Posted: 11/10/2010)

How do these two offices compare in terms of deal flow/exit opps, etc?

Is GS SF like a typical regional office with better hours, less pay, worse exits? When people say GS TMT is the top tech group--are they referring to the NYC office or the SF office?

 
Sep 21, 2013 - 4:45pm

I second what harvardgrad11 said. I spoke to an analyst who was in the GS TMT group in NY and transferred to SF because he said that was THE place to be.

 
Sep 21, 2013 - 4:49pm

OGBanker:
I second what harvardgrad11 said. I spoke to an analyst who was in the GS TMT group in NY and transferred to SF because he said that was THE place to be.

I've heard the exact same thing

 
Sep 21, 2013 - 4:46pm

" typical regional office with better hours, less pay, worse exits?"

Not true, atleast here in California. Some amazing buy side exit opps, brutal working hours, and ridiculous pay. This I can confirm from my contacts at BBs

 
Sep 21, 2013 - 4:50pm

GS/MS SF vs. NY (Originally Posted: 08/22/2009)

GS TMT runs all of its Tech deals from SF, while MS has its Tech M&A operations in Menlo Park. Obviously, two of the top groups on the Street - but how do exit opps compare to top groups in New York? Are analysts who start off in SF relegated to doing PE on the West Coast or is doing megafund PE in New York also a possibility?

Thanks guys

 
Sep 21, 2013 - 4:52pm

Of course, if you start in SF, or anywhere else that is not NYC, you're doomed to NYC-exile forever.

Seriously people? Let's take these one at a time:

1) West-coast tech to NY PE: I've seen SF analysts place into NY PE. If that's what you want, headhunters will be more than happy to accommodate. Of course, you do have opportunities on the west coast as well. Clearly, exit opps are great out of GS TMT / MS tech no matter bay area or NYC.

2) Regional SA --> NYC FT: First, pick your location and have your reasons for it, be it NYC, HK, or BRIC. If you don't like it and don't get an offer, it's a fairly easy question in an interview with NY: "I didn't like [place], I decided wanted to be in New York to get a broader exposure to the firm's products"...or something like that.

 
Sep 21, 2013 - 4:55pm

GS TMT in SF vs NY (Originally Posted: 10/02/2009)

Hi guys,

Does anyone know how GS TMT in SF compares to GS TMT in NY?

I heard that GS runs a lot of their TMT deals out of SF. I am purely concerned about deal flow and exit opps, and which location would provide a better experience. Any insight about the differences in culture would also be appreciated.

I am indifferent about the cities themselves... although they are obviously very different places to live. I would be happy in either city and I don't want to get into a debate about nightlife/cost of living/quality of women.

Thanks in advance.

 
Sep 21, 2013 - 4:58pm

This is for almost ever BB

TMT - go to SF / Menlo
Nat Res - go to houston

I know a PMD in their SF office and can tell you - go there if its a choice. Also more of their TMT M&A guys sit in NY and more of the actual industry ppl sit in SF ... although more junior ppl of both groups sit in SF.

This is true for almost every bulge bracket IB

Start Discussion

Popular Content See all

This Fucking Sucks
+49OFFby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Why would any associate+ banker choose a BB over EB?
+31IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
PE isn’t the best way to get into b-school
+27BSCHby 2nd Year Associate in Private Equity - LBOs">Associate 2 in PE - LBOs
Share a day that looked like a Suits/Billions episode
+21IBby Intern in Investment Banking - Generalist">Intern in IB - Gen
What's Wrong with Warburg Industrial & Business Services?
+16PEby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A

Total Avg Compensation

February 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (158) $231
  • 2nd Year Analyst (97) $151
  • Intern/Summer Associate (92) $144
  • 3rd+ Year Analyst (23) $145
  • 1st Year Analyst (366) $131
  • Intern/Summer Analyst (304) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
frgna's picture
frgna
97.6
7
Addinator's picture
Addinator
97.6
8
NuckFuts's picture
NuckFuts
97.5
9
bolo up's picture
bolo up
97.5
10
Edifice's picture
Edifice
97.5