+38 What do you mean the garage door repair and installation rollup isn’t worth 24x EBITDA? Analyst 2 in IB - Gen
+30 Nah it really sucks. Everyone I know who’s in it or left it has told me it’s hell on earth and in many cases much worse than banking. I didn’t even recruit for it.  Associate 1 in IB - Cov
+25 You're an absolute moron if you don't take the severance package.  Five Star Man
+21 Thank you for your advice, seasoned Student At Wharton Quant in HF - EquityHedge
+20 Congrats on IU Kelly! user527861
+19 Try bumping more you idiots! nontargetkidatunc
+18 be an acquisitions guy in 2026 tinyrat
+18 This is wildly inaccurate - we sometimes also read quarterly letters. anon-guest
+13 Modelling was never the hallmark of a good associate, just a prerequisite, I am not sure why anyone thinks anything else. VP in PE - LBOs
+12 This is misguided. All megafunds taste like chicken. Sure the inclination is to think your lesser MF gig is subpar, but it’s more just the maturity of the industry and general macro. Principal in PE - LBOs
+12 U not connected gng - stay in ya lane Associate 3 in IB-M&A
+11 How is this even a debate? Think through the interview script: SaaSChimp
+11 I disagree. It has left tail outcomes Prospect in IB-M&A
+10 Have a friend there who confirmed it's 20+ in TMT. Analyst 2 in IB - Gen
+10 It's great you feel you have that energy right now. What you might not realize is that kind of intensity might result in early burnout. It can also lead to a very unidimensional life that ends up making you miserable. MMPM
+10 #1 Chi Phi babalu
+8 It is not weird that it's annoying to you. It sounds annoying.  CRE
+8 You should be applying elsewhere, I hate it here Analyst 1 in IB - Cov
+8 This is just my two cents but your career is 40 years long man. No job in any industry is worth seriously compromising your mental and physical health. There's no shame in prioritizing yourself and your health. Analyst 1 in IB - Cov
+8 First year aso at top european megafund in NYC (previously at top banking group). Associate 1 in PE - LBOs
+7 It’s fairly hard to make the step to a JLL/Eastdil because they typically like to hire from the analyst/associate level, train you, and place you on a team if they think you can one day maybe be a big boy originator. the_mantis
+7 LongliveCS is an Asian staffer there trying to protect the failing brand Analyst 3+ in IB - Cov
+7 Nepo hires and lack of recognition of those doing the actual work. Managing Director in IB - Cov
+7 As someone who was a in a similar position and made the leap for similar reasons (frustration with existing seat & the attractive calculation of "what would I have made at C/M/B/P72 given xx% performance on my coverage Research Analyst in HF - EquityHedge
+7 Renege, rerecruit, do literally anything else with your life I beg you  Analyst 1 in IB - Cov
+7 To oversimplify things, I see him as the real one and all the others as the posers and copycats. Ozymandia
+7 Crazy how there was a thread detailing exactly what was going to happen a couple weeks ago and people thought it was fake and just one disgruntled guy in his moms basement who got laid off  Analyst 2 in IB-M&A
+7 Honestly I take requests from Analyst 1 in CorpStrat
+7 Yes it's a relatively easy job, especially if you don't do any co-invest or secondaries (those have some deal time pressure). VP in PE - LBOs
+7 I have an existing relationship with this group doing market rating housing, but we (myself and ownership) have little LIHTC experience. Ozymandia
+7 Wish they laid me off Analyst 1 in IB - Cov
+6 Couple of thoughts that I used AI to clean up.  VP in PE - LBOs
+6 Almost all hardos crash + burn in less than 3y. Out by 1.5y. Biggest challenges are staying level headed ("dont panic"), unable to accumulate the political capital to survive and looking ugly asf. Principal in HF - Other
+6 I think it goes in cycles. Between 2002-2007 you were a king. Then 2007-2013 you were stupid to do PE. Then between 2013-2022 you were making money hand over fist. 2022-… pretty tough again. VP in PE - LBOs
+6 Worst part of UBS is the people  Analyst 1 in IB - Cov
+6 How long have you been in the role? I think FLDP at a F100 company is a great way to gain experience, but as you said, you need to try and make sure the rotations you get are valuable. RCJ92
+6 This is the most important election of our lifetimes. M&A will face a significant slowdown due to Biden's high gas prices, this is why your vote is crucial lucien_de_montclair
+6 Congrats on UBS! Associate 1 in IB - Cov
+6 Guys, do we still think they can become #6 in the Americas? Analyst 2 in IB - Gen
+6 Some random advice for 1Ys. Long post so feel free to skim VP in PE - LBOs
+6 I'll answer them in order - I'm at an LO AM with over $400b in AUM - our OCIO business is about a third the size you are describing, give or take - so I'll look past the new talent joining our competition!  Addinator
+6 Boss, there is no substitute for actually doing the work. VP in PE - LBOs
+6 Probably a bit of both. monkeyvjit
+6 Where's CPEC??? user14083418324
+6 I had the same while working for McKinsey. I would say 8-9/10 partners were like that. Associate 2 in PE - Other
+6 I've worked in both PE and tech finance (ignore the title) and am very cynical about the allure of tech for finance professionals. Associate 1 in IB - Gen
+6 No one f00kin cares mate  UCTreeHugger
+6 Tell that to the dozens who were fired this week after low/no deal flow Analyst 3+ in IB - Cov
+6 I am not sure I agree with this.  Most successful entrepreneurs have a thesis which isn't reliant on a current market cycle. Ozymandia
+6 Congrats on PE! Associate 1 in IB - Cov
+6 IB is the play these days - although IB isn’t immune to selfish boomers / Gen X hogging all the comp at the top levels either. RBOB_squarepants
+6 I think they wouldn't waste their time staying in touch if they didn't like you. I mean the truth is, there's often more than one qualified candidate for a job, and we have to pick someone. StreetToStreets
+6 If I were an equity research analyst I would start by saying “congrats on UBS!” Analyst 2 in IB - Gen
+6 If you’re the money maker you think you are, the PM should be incentivized to cut you better economics. Principal in PE - LBOs
+6 Ho Lee fuk  Analyst 1 in IB-M&A
+5 Sharing some perspective as someone in LMM PE (investing seat).  Associate 3 in PE - LBOs
+5 OP looks very right Associate 3 in IB - Gen
+5 For the US: Greentech’s actual deal flow and reputation in the industry are probably below the reputation it carries on forums like WSO. VP in PE - LBOs
+5 I appreciate the insights. The main reason against US MBAs is because those programs are typically 2 years and cost even more of an arm and leg than the European or Canadian MBAs. FinnesseGod
+5 Recently had an offer in Abu Dhabi to work for one of the largest company in the region. I originally passed but considering taking it (they would be open to it). VP in IB-M&A
+5 Your point about a model's detail such an important one and often goes underappreciated. jl12
+5 It's nothing earth shattering, but it handles a bunch of the grunt work which gives me more time to focus on other things. Here's a few things I use it for:  larry david
+5 I understood the point you are trying to make but you are conflating concepts and drawing incorrect conclusions, this is the case in many of your responses. And mate, why do you keep specifying “individual city”? Elenaor
+5 Ts got me bricked up Analyst 1 in Consulting
+5 Congrats on being stressed to the tits staying up until 3am everyday reading my claude-written DRL responses to your shit questions while you and your VP lose your hair together knowing you will either 1) not win our proce Associate 2 in IB-M&A
+5 Think lots of people are missing the point here. Good hours are virtually nonexistent at most of the high-growth AI startups in NY or SF right now. Everyone I know at startups work 70-80hr weeks tech_pe_ib
+5 I can't speak for LA cause i only know Bay Area's and New York's real estate market and their wealth concentration. But as for Bay Area suburbs, wealth attracts wealth. That’s the crux of it. Elenaor
+5 UBS CEO: Analyst 2 in IB - Cov
+5 nah fuck that shi Analyst 2 in IB - Cov
+5  My two cents would be that this is entirely unacceptable. In my career, I started off in investment banking, and I had it bad, but not terrible. I'd say at peak, maybe 80 hours a week. Yakehito
+5 I think it’s a more nuanced decision these days. People who were in the last 40 years (starting 2018 and before) were luckiest people on earth, riding macro tailwinds of declining rates. Associate 1 in PE - LBOs
+5 Down 44% YoY while peers are up 30% over same timeframe.. just completely disgraceful  Analyst 1 in IB-M&A
+5 What's with the AI slop with a clear agenda? More than 60% of their current portfolio was acquired in 2021/2022. Good luck with that sub-4.0% cap rates in oversupplied markets. VP in RE - Comm
+5 Sorry to hear, absolutely not normal. Feel free to dm, happy to help strategize. (Though I’ve never revealed, also a female, and we need more of us in this career. Don’t give up!) SaaSChimp
+5 Greenspan's Panties
+5 Very interesting you'd be focusing on hospitality and multifamily (I'm assuming both not one or the other). the_mantis
+5 Are you going to be focusing on healthcare at the new fund? TBD. Analyst 3+ in IB - Gen
+5 I don’t respond to non-Americans of any country user_5991
+5 I did an exchange from a Canadian school and attended the same courses as the ESCP MiF.  Intern in IB - Gen
+5 Compensation will generally be higher than at a BB, especially at the junior and mid levels. divockorigi_
+5 Yeah something's not adding up. Discretionary stock picking strategy under factor neutral constraints does not typically lend itself to 1.5-2.0 Sharpe over any appreciable period of time. Benson Says
+5 that is actually a total failure Associate 1 in IB - Gen
+5 Everyone who starts their own shop basically has their experience, rolodex and/or pedigree.  So what was Town Lane's actual business plan and/or competitive advantage? asmith_1
+5 Everyone who starts their own shop basically has their experience, rolodex and/or pedigree.  So what was Town Lane's actual business plan and/or competitive advantage? Ozymandia
+5 Limit drinking to Friday night and Saturday. Skip work happy hours if you need to, or say that you're on medication you can't drink on. If push comes to shove also use medication: Naltrexone kills the fun of drinking. Whatever1984
+5 What the actual hell is driving this level of underperformance though?  Intern in IB - Gen
+5 You get a pretty wide skillset in banking too….. I work at BB industry coverage as director - you see people exiting to really good interesting corporate and startup jobs in sector all the time. ky9xnsz
+5 Dab Pen astonmartindb5
+5 When you stop reporting a 20% QoQ decline while the market is growing and competitors are gaining market share Analyst 2 in IB - Gen
+5 JH has some explaining to do, or really additional bonuses to simply pay himself to buy a 2nd westchester home Analyst 2 in IB - Cov
+5 Every firm I've been at has included the escalated construction costs in UYOC.  wallherder
+5 this is the only sensible comment in this thread so far. allinamd
+5 This may be the most important election of our lifetime. Dan Sullivan is an American and a patriot! Mary Pelota supports mandatory sex changes for all kids! Jeffery Montenbeauberg
+5 It's hard to interpret any of this vague technical jargon without knowing what it is you do, how you did it before, or any other single relevant detail.  Ozymandia
+4 Other thread made it sound like a massive layoff in Tech and M&T. Anyone have details ? Analyst 1 in IB - Gen
+4 There is none. Do not go to PC thinking you are getting a right tail…the asset class doesn’t even have right tails. Investment Analyst in HF - Event
+4 Disgraceful or retarded We report, you decide Analyst 2 in IB - Cov
+4 Spends too much time in the gym downstairs and looking at himself in the mirror Analyst 1 in IB - Cov
+4 Associate 2 in IB - Cov
+4 How are JH and MV still employed? Analyst 1 in IB - Cov