+1 Fund size and the size of equity checks. It's more of a description as to the size of businesses they can invest in. Associate 2 in PE - LBOs
+1 KPS has long been one of the most desired firms to join, not sure if underrated. Agree on the other 2. Would throw Arcline and 26North in for other Industrial focused names.  Associate 2 in PE - LBOs
+1 So from a public markers perspective it is then, however, not identifying strong moats (everybody could do it, why should you get paid for it), but seeing something in businesses that other people are not seeing / underest hansdieter1
+1 What’s the name of your platform. Any website to check out? Monkey7521
+1 Super-day(dot)ai  Hyperlinked in the original post! Thanks for looking at it! Associate 2 in PE - LBOs
+1 Thank you brother 🙏 good luck to your friend in his search as well! testest123
+1 Neither is prestigious. BA is the baseline, PHD is very subject specific in terms of having any value. In the context of Harvard, the BA is prestigious relative to other BAs. VP in IB - Cov
+1 You guys on this website are seriously brain dead. You’re posting the exact firm, and the exact stage you’re in while publicly trying to gain an edge. Assist. VP in RE - Comm
+1 I know several Restructuring consultants who transitioned into Investment Banking and Private Credit, joining both investing and operations teams. kegari
+1 Yeah I agree that academics don’t matter for prestige after your early years in the workforce. CEO in IB-M&A
+1 Yes. S&T varies so much by bank/desk, but prop trading is a solid guarantee Analyst 1 in S&T - FI
+1 MysteriousBanana: Analyst 2 in IB - Cov
+1 Your gelato stand example is (in my opinion) not a moat - it’s a competitive advantage. The moat is how you defend your competitive advantage. wacc it from the back
+1 I do know that they are solid in health tech having worked with them previously as a client.  TechBanking
+1 Meteora Capital there as well Intern in HF - Other
+1 wacc it from the back odog @digitalimmortality.com
+1 I have heard 4.8 is awful and most people went back to using 4.6, is that true? Also which one should i use for most work questions/work like thinking low medium high or max? Jake4432
+1 Need to double wrist the Casio with the Tudor, chuffed  johnny-mnemonic
+1 CEO commited fraud, all the financials were fake + forged audits. We kept doing add-ons, should have questioned the too good to be true deals. Main diligence takeaway: call the auditor. Associate 1 in PE - Other
+1 IMO it just comes down to how quickly you need the response/iterate. Feel like using Opus on medium gets you 80% of the way there most of the time without taking too long ImagineSisyphusHappy
+1 Has anyone heard back after their R2? Had my R2 last week but haven't heard anything Monkey5887
+1 Yeah QOE is the right move. We’re being more rigorous overall and requesting more docs and meeting a lot more different stakeholders in person, beyond the CEO. Associate 1 in PE - Other
+1 Makes sense. The example I cited was for majority buyouts in my PE days, but agree need to be cautious as a minority investor (maybe even more so).. a lot of grift out there.  kuf135
+1 I know a few people on the Life Time team, they describe it as less intense than their prior roles in brokerage/development but they get to work on a lot of cool spaces and like the company. rafiki
+1 Guess it’s time to start learning how to code ImagineSisyphusHappy
+1 I am a recent graduate of this course and happy to share my thoughts. Not sure exactly what you are looking for but as you will already know the entry level job market has been cooked the past few years. Analyst 1 in RE - Comm
+1 Can only comment from outside in. Founder is very well connected in the industry and fund is having a killer year. Think their biggest winner to date comes from credit but could be mistaken monk_of_the_land
+1 I fucking hate working around you pricks ooooaa
+1 Did you not do FDD when making the investment? Would they not have picked up discrepancies then? Associate 1 in PE - LBOs
+1 Unc pushing 50 talm bout sum “two truths and lie” SixSeven6767
+1 Associate 1 in IB-M&A Leverage Hero
+1 I think the biggest factor is whether you're using it intentionally or just out of habit. Hanlon
+1 yep. i made $xx mm pnl from 100k by picking similar ai small caps last few years. its not hard. thread sounds like a bunch of risk averse ppl who are just realizing AI is god  wakyasuk
+1 Why would it be looked down upon? What would you replace it with on your CV? nutmegger189
+1 Rising is relative. It's rising because there's nothing around it, and even if Dubai doubles in size every year, it will still take them decades to even get close to London.  usernameladiesman217
+1 ur an associate THREE in ECM of all places spending ur time commenting and hating on a kid on WSO who doesn't know who u are. you're probably dumber lmao Prospect in IB - Gen
+1 Yes they don't regulate non-employees Associate 3 in IB-M&A
+1 Moats are very important. The distinction you want to be clear about, is this truly a moat in a world of AI? SaaS will tell you what was once moats, can evaporate quickly. goodL1fe
+1 Yes, you wouldn't have insider information. I wouldn't be day trading stocks in your coverage area but you are fine to do your normal activity or get out of anything you don't want to be in for the next 2 yrs Associate 3 in IB-M&A
+1 Just do it, sounds like your job might be cut anyways so you're gunna be in a position to jump potentially regardless. dollachimp
+1 Whatever you want to do post IB, I’d make sure this is the last time you ever refer to yourself as a “finance bro” in public again. dshhrry
+1 The same Altman that presumably fired him from his role at OpenAI? Analyst 1 in PE - LBOs
+1 I got asked a lot of questions about market forces. It was basically a test to see my investor perspective. For example my case was about a fictional firm and was given just some general financial metrics. Analyst 1 in PE - Growth
+1 xie xie my friend, no one GAF about random ass Chinese Analyst 1 in IB - Cov
+1 DCM is not the best for exit opps but still a very good get in this type of market. cabser
+1 He/she might just be epileptic and forgot to take their meds on time. Analyst 2 in IB - Cov
+1 that’s my quant Analyst 1 in IB - Cov
+1 Analyst 1 in RE - Comm RegaZuko
+1 Directionally right for your first 2 years (training year + pod year 1); then the variance makes comparison pointless. Large spread of outcomes  Analyst 2 in HF - EquityHedge
+1 Having very structured meetings when asking for updates. Holding people accountable and having documentation on it.  Business School in CorpStrat
+1 Got a friend there. He’s been there for a year and trying to “get out ASAP” due to long hours and awful culture.  user_5991
+1 Assuming terminal value is still 5x when entry price is 5x.  Things trade that cheap because they're either declining or at least facing a real risk of decline. Dr. Rahma Dikhinmahas
+1 Not sure on deal flow, but it would be exclusively LMM (not necessarily a bad thing if you can do a few deal reps and then lateral). I do think they could well be taken over however, but who would buy them? unders
+1 Been a couple years now but I was getting $25 / hr working ~50 hrs a week during my soph summer at a LMM PE shop in the midwest.  Analyst 1 in IB - Gen
+1 I mean you can ask for as much as you want but I would dial expectations back for a 10 person shop. The last thing you want to do is piss them off before you hit the desk. Analyst 1 in IB - Gen
+1 Same, haven't done a platform in ~2 years. Tons of portco management work to keep busy plus looking at add-ons. Add-ons can be just as much work as platforms sometimes. Associate 3 in PE - LBOs
+1 Evercore situation 2.0 incoming Prospect in IB-M&A
+1 Hi there mate, I completed the Nomura spring this April, and I'm planning on preparing my application for the upcoming summer analyst roles next summer. SantanDam22
+1 any update? lowqa
+1 I agree with ur username +SB Analyst 1 in IB - ECM
+1 If you don't slam your head on a desk then you'll be fine Intern in PE - Growth
+1 Hasn't happened to me personally but I've worked in FP&A and can understand your pain. No shortcuts unfortunately, just tap into your network and apply to jobs. Associate 1 in Consulting
+1 Nothing yet, you? curious George 2345
+1 Anybody have the PERE Credit 100?  Southern_cre
+1 ^on the money. delta_sandman99
+1 You need max a week for the 63 and 79. Maybe 2 weeks for the 7 but i don't think you're taking that. I wouldn't entirely underestimate the SIE, however. Spend at least 3 or 4 days studying for it. Analyst 1 in S&T - FI
+1 heard from a buddy ECM is on the rise + rapidly expanding anakin_u_were_my_brother
+1 My favorite is when someone posts a very specific CRE question and the bot responds with "here is how to break into IB" Associate 3 in RE - Comm
+1 Week 1 is just training… homework is not that difficult mxgb20
+1 I'm sorry but if you are landing a job interview every week and not landing anything, you might be doing something wrong or you are just the unluckiest person. xxx1
+1 Nonsense, luddite. The WSO Monkey Bot is revolutionary. Brilliant men of Blackstone spend their days debating the Monkey Bot’s impact on the future.  IsItREPE
+1 Cambridge advertising their Executive MBA programme on this website proves that they don’t have anything close to Oxford’s brand power. Prospect in Non-profit
+1 why is $500mm SM obv worse than pod? That is $1-1.5bn of GMV with leverage and no risk limits, so incentive pool should be better than avg pod? plus management fee  HFPM15
+1 Thanks again — this is really helpful. One last thing on the case and then I’ll stop bothering you. When you say they asked a series of questions about market forces, do you remember the types of questions they asked? bananajoe47
+1 ya man you will make way more money by taking your parents co, improving it where you can, and selling it to PE then you will working in PE Associate 3 in PE - LBOs
+1 what if it's actually a psyop to make you hate AI so competition stays down when AI eats us all Developer in RE - Comm
+1 A little bit into June. Analyst 1 in IB - Cov
+1 Depends on a lot, like how many kids, divorce, market conditions, lifestyle, etc. Starting in PE now may have very different outcomes than starting 20 years ago. gfour
+1 Prospect, that is a great attitude that will get you looks at many banks and many processes! 🤣🤣🤣 Analyst 1 in AM - FI
+1 So are associates just cooked on PE in general if you don’t go during your first 3 years of banking? Kinda makes sense, but still feels like there could be an opening if you have decent industry knowledge. solonwarning
+1 Thanks for the shout, this would be us ;) LevFin Lab Newsletter
+1 Heard it’s mostly financing though, not m&a curious George 2345
+1 while the sun has long set on Britain Londons demise a financial centre is way overblown it is still the place worldwide for many types of insurances (esp multinational stuff).  thegoat2535
+1 Wrong guy SomeCaliberTalent
+1 Claude. It's more sophisticated. Talking to it for a few weeks and I'm much more smarter SomeCaliberTalent
+1 idk how this kid is going to survive college lol bananabaykong
+1 Wondering about their rep as well danplainview
+1 Actually read your LevFin primer a while back, and just read the Credit Analysis one. Subscribed to your LinkedIn page just now, will continue to follow! Intern in IB - Gen
+1 Well. VP in PE - LBOs
+1 From thanksgiving sophomore fall until you land an offer do nothing besides recruit and school whatdoesthefosxsay
+1 FaZe IBD. Heard the hours were pretty terrible and you never see the sun tampawampa
+1 CMC. The alumni network is very strong and supportive. Dont know a single person in IB from a college named after a toothpaste brand. Analyst 1 in IB - Cov
+1 That was for full AN1 year in FY2024. This year was better, even with base raising to 110/125. Overall flat across CIBC but once you reach associate the bonus gap between groups starts to widen. Analyst 1 in IB - Cov
+1 Congrats on Ducera Ibench315
+1 You were expecting Elon Musk to do something above board? IsItREPE
+1 Its unfortunate because your life will likely tank a bit (if you like big city), but otherwise I’d still say Richmond. AnonymousRabbit
+1 you're just cheap labor to pump the economy... need to relax...  GS under Blankfein
+1 He’s definitely a very smart person but it’s a legitimized insider trading operation. Associate Director in IB-M&A
+1 Feels like the mega tech IPOs are a classic pump and dump case. thegoat2535
+1 I cant speak for all banks but for us when searching for juniors the credit background was always appreciated and helped to get an interview. LevFin Lab Newsletter